Tokenlon Weekly（2024.09.13–09.20）
The cryptocurrency market remained largely sluggish in the first half of the week, until the U.S. Federal Reserve announced a 50bps interest rate cut on 18th September, triggering a somewhat expected market reaction: BTC price gradually rose, up 10.1% in 7d, now at $63,766.66. Ethereum also followed suit, up 8.9% in 7d, now at $2,559.14.
DeFi Market
Note: Data as of 2024.09.20 9:30 UTC+8
Total TVL: $83.44b, of which Ethereum chain TVL is 46.45b.
For Ethereum Layer 2, the total locked value is $35.26 billion, a 7-day increase of 2.76%.
- The Arbitrum One network’s total locked value is $13.63 billion, a 7-day increase of 1.01%
- The Optimism network’s total locked value is $5.95 billion, a 7-day increase of 3.02%
- The Base network’s total locked value is $6.49 billion, a 7-day increase of 4.71%
DEX Market
The DEX market last week has a total transaction of $20b, accounting for 41.3% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon’s trading volume this week was $85,831,966.57, with 1,421 transaction addresses and 3,264 transactions. The revenue was $119,100.73 and the net profit from fees was $114,658.39 with the current fee balance being $582,268.21.
LON
- The LON staking contract has a staked amount of 76,608,643.52 LON, with an annualized staking yield (monthly) of 27.01%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,041,975. A total of 84,617.76 LON was bought back last week.
Tokenlon Development Highlights
Multi-chain tokens
- Review of token decimals to provide the best trading experience
Maker rebrands to Sky, USDS
- Listing preparations
- Liquidity monitoring
Market makers
- Daily market maker quotation monitoring
- Communications of the 31st trade mining market maker report
Community
- Mid-autumn festival staking campaign has ended, with the winners contacted. Prizes to be distributed next week
Community treasury
- Q3 community treasury report completed, will be published next week in on the official Gitbook, Github
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,
2024.09.20
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.
