Tokenlon Weekly(2024.09.06–09.13)

Tokenlon DEX
3 min readSep 13, 2024

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The US inflation rate in August dropped to 2.5%, a three-year low, providing further expectations for an interest rate cut in September. The cryptocurrency market continued to be sluggish this week with small price fluctuations. BTC is currently quoted at $57,852.35, a 7-day increase of 2.5%. ETH is currently quoted at $2,343.88, a 7-day decrease of 1.5%.

DeFi Market

Note: Data as of 2024.09.13 9:30 UTC+8

Total TVL: $80.43b, of which Ethereum chain TVL is 44.87b.

For Ethereum Layer 2, the total locked value is $34.32 billion, a 7-day increase of 2.18%.

  • The Arbitrum One network’s total locked value is $13.50 billion, a 7-day decrease of 0.35%
  • The Optimism network’s total locked value is $5.77 billion, a 7-day increase of 5.52%
  • The Base network’s total locked value is $6.14 billion, a 7-day increase of 4.02%

DEX Market

The DEX market last week has a total transaction of $23b, accounting for 45.5% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $72,318,399.15, with 1,454 transaction addresses and 3,228 transactions. The revenue was $124,485.97 and the net profit from fees was $121,225.37 with the current fee balance being $523,525.22.

LON

  • The LON staking contract has a staked amount of 76,487,437.37 LON, with an annualized staking yield (monthly) of 27.21%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 5,998,699. A total of 62,466.57 LON was bought back last week.

Tokenlon Development Highlights

Multi-chain token additions

  • Arbitrum — AXL
  • BNB — BNX、 AXL
  • Polygon — POL、AXL
  • OP — AXL
  • Base — AXL

Market makers

  • Regular monitoring and communication with market makers
  • The 31st phase trade mining market maker report is completed, to be communicated with market makers

Mid autumn festival activities

Q3 community treasury

  • Q3 community treasury report has been filed and will be published to the public

Q3 Tokenlon user growth

  • Q3 user growth data analysis completed

Important Risk Warning

  • LON token contract address:
    0x0000000000095413afC295d19EDeb1Ad7B71c952
  • LON is Tokenlon’s native token, where holders will enjoy fee discounts and voting rights
  • Beware of fake Tokenlon imitations, the official website is: https://tokenlon.im
  • Please do not download any app or DApp from non-official Telegram, Whatsapp, Facebook, or Wechat

Tokenlon,

2024.09.13

Contact us

Notes

Digital Assets are highly volatile and unpredictable. Please do your research before trading.

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Tokenlon DEX
Tokenlon DEX

Written by Tokenlon DEX

The 🐉 #DEX We promise 99% of your transactions will go through Built on 0x and Ethereum Aggregating best prices from major #DEXs

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