Tokenlon Weekly(2024.11.01–11.08)

Tokenlon DEX
3 min readNov 8, 2024

--

This week, Trump was elected as the 47th President of the United States, leading to a significant rally in both the U.S. stock market and the cryptocurrency market. Bitcoin reached a historic high, surpassing $76,000, and is currently priced at $75,916.86, with a 7-day increase of 9.0%. Ethereum (ETH) is priced at $2,910.67, with a 7-day increase of 16.0%.

In addition to mainstream cryptocurrencies, the DeFi and DEX sectors performed well, with LON breaking above $1, reaching a recent high.

DeFi Market

Note: Data as of 2024.11.08 9:30 UTC+8

Total TVL: $96.48b, of which Ethereum chain TVL is 54.34b.

For Ethereum Layer 2, the total locked value is $39.28 billion, a 7-day increase of 8.36%.

  • The Arbitrum One network’s total locked value is $14.18 billion, a 7-day increase of 5.24%
  • The Optimism network’s total locked value is $6.09 billion, a 7-day increase of 3.51%
  • The Base network’s total locked value is $8.52 billion, a 7-day increase of 7.88%

DEX Market

The DEX market last week has a total transaction of $29b, accounting for 36.2% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $94,637,799.04, with 1,616 transaction addresses and 3,568 transactions. The revenue was $195,904.66 and the net profit from fees was $188,915.16 with the current fee balance being $1,042,104.14.

LON

  • The LON staking contract has a staked amount of 77,040,797.64 LON, with an annualized staking yield (monthly) of 26.31%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 5,827.661. A total of 57,676.09 LON was bought back last week.

Tokenlon Development Highlights

Multichain token additions

  • Arbitrum — WOO
  • Polygon — WOO、GMT
  • BNB — WOO、GMT

Market makers support WBTC、PEPE

  • Token liquidity supported by market makers, providing users with even better prices

Devcon

  • Devcon 7 activities have started. The advertisements and activities can be seen in numerous spots in Bangkok MRT.
  • Connect with us offline, and take part in our online Twitter activities to win prizes

Others

  • LON buyback proposal preparations
  • Tokenlon multichain swap web app tests

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,

2024.11.08

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