Tokenlon Weekly(2024.10.18–10.25)

Tokenlon DEX
3 min readOct 25, 2024

--

The cryptocurrency market was volatile this week. BTC once rose above $69,000, before falling below $65,000. BTC is now at $67,389.27, down 0.9% in 7d. ETH meanwhile is at $2,476.72, down 5.7% in 7d.

DeFi Market

Note: Data as of 2024.10.25 9:30 UTC+8

Total TVL: $87.93b, of which Ethereum chain TVL is 47.41b.

For Ethereum Layer 2, the total locked value is $37.53 billion, a 7-day increase of 0.41%.

  • The Arbitrum One network’s total locked value is $13.72 billion, a 7-day increase of 0.54%
  • The Optimism network’s total locked value is $6.21 billion, a 7-day decrease of 1.16%
  • The Base network’s total locked value is $7.64 billion, a 7-day decrease of 2.00%

DEX Market

The DEX market last week has a total transaction of $25b, accounting for 31.2% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $88,346,733.38, with 1,424 transaction addresses and 3,373 transactions. The revenue was $126,822.43 and the net profit from fees was $121,125.76 with the current fee balance being $787,731.92.

LON

  • The LON staking contract has a staked amount of 77,041,066.65 LON, with an annualized staking yield (monthly) of 26.50%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 5,896,248. A total of 88,864.47 LON was bought back last week.

Tokenlon Development Highlights

Multichain token additions

  • Arbitrum — GNO, BAL
  • Polygon — BAL
  • Base — BAL

Mainnet token additions

  • cbBTC, OM (MANTRA)

Market makers

  • Daily monitoring and communication of market makers
  • Preparation of 32nd trade mining market maker report

Tokenlon Devcon 7

  • Initial display materials and budget completed, the campaign will start in mid-November in Bangkok, Thailand.

Q4 activities planning

  • Q4 activities initial planning and communication

Trade mining

  • Analysis of current trade mining data to optimize marketing in the future

Community treasury

  • Completed Tokenlon Q4 community treasury forecasts

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,

2024.10.25

Contact us

Notes

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

--

--

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