Tokenlon Weekly(2024.11.22–11.29)

Tokenlon DEX
3 min readNov 29, 2024

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This week, the crypto market remained volatile. Bitcoin failed to break the $100,000 mark, reaching a high of $99,000 and a low of $90,000, and is currently trading at $96,433.17, down 1.8% over the past 7 days. Ethereum, on the other hand, rose 7.8% compared to last week and is now trading at $3,583.83.

DeFi Market

Note: Data as of 2024.11.29 9:30 UTC+8

Total TVL: $123.36b, of which Ethereum chain TVL is 69.34b.

For Ethereum Layer 2, the total locked value is $50.86 billion, a 7-day increase of 7.1%.

  • The Arbitrum One network’s total locked value is $18.36 billion, a 7-day increase of 5.98%
  • The Optimism network’s total locked value is $7.99 billion, a 7-day increase of 9.25%
  • The Base network’s total locked value is $11.56 billion, a 7-day increase of 6.26%

DEX Market

The DEX market last week has a total transaction of $50b, accounting for 36.8% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $188,214,372.79, with 1,730 transaction addresses and 4,320 transactions. The revenue was $375,396.21 and the net profit from fees was $365,358.21 with the current fee balance being $1,531,243.72.

LON

  • The LON staking contract has a staked amount of 76,485,298.60 LON, with an annualized staking yield (monthly) of 26.08%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,062,480. A total of 129,300.67 LON was bought back last week.

Tokenlon Development Highlights

Multi-chain token additions

  • Base — CARV
  • Arbitrum — CARV

Tokens

  • MORPHO, WCT and other token liquidity research

Market makers

  • Daily communication with market makers
  • 33rd trade mining phase market maker report preparation

Tokenlon Kafka upgrade

  • Improvements and system stability upgrades

Start of phase 34 trade mining

  • Tokenlon has completed phase 33 of LON trade mining on 25th Nov 2024 (UTC+8), with a total volume of $671,601,002.5, total revenue of $1,283,789.84 and bought back 637,911.5 LON with $581,398.73. More details here.

Devcon campaign rewards

  • Rewards have been distributed. You can check the winners list here, and check your Arbitrum wallet for your LON rewards.

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,

2024.11.29

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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