Tokenlon Weekly(2024.09.27–10.04)

Tokenlon DEX
3 min readOct 4, 2024

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The cryptocurrency market experienced a general decline this week, primarily influenced by the downturn in US stocks and the ongoing conflict in the Middle East. BTC temporarily dipped below $60,000 and is currently trading at $61,041.87, representing a 6.4% decrease over the past 7 days. ETH is currently trading at $2,369.52, with a 10.3% decline over the same period.

DeFi Market

Note: Data as of 2024.10.04 9:30 UTC+8

Total TVL: $81.7b, of which Ethereum chain TVL is 44.83b.

For Ethereum Layer 2, the total locked value is $34.80 billion, a 7-day decrease of 8.55%.

  • The Arbitrum One network’s total locked value is $13.07 billion, a 7-day decrease of 10.27%
  • The Optimism network’s total locked value is $5.90 billion, a 7-day decrease of 9.83%
  • The Base network’s total locked value is $7.00 billion, a 7-day decrease of 3.10%

DEX Market

The DEX market last week has a total transaction of $28b, accounting for 37.2% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $99,855,985.41, with 1,445 transaction addresses and 3,361 transactions. The revenue was $161,513.59 and the net profit from fees was $155,065.47 with the current fee balance being $673,806.51.

LON

  • The LON staking contract has a staked amount of 76,735,604.30 LON, with an annualized staking yield (monthly) of 26.80%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of6,021,786. A total of 99,832.92 LON was bought back last week.

Tokenlon Development Highlights

Multi-chain token additions

  • BNB — ULTI

Market makers

  • Daily communication and monitoring of market makers

National day activities

  • During the national day activities, simply complete any trade on Tokenlon to win air tickets
  • During the national day activities, share your travel photos and @tokenlon on Twitter to win Token 5th anniversary merchandise

Q4 community treasury

  • Published Q3 community treasury on Gitbook and GitHub
  • Financial forecast and planning for Q4 2024 to ensure smooth operations

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,

2024.10.04

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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