Tokenlon Weekly(2024.11.29–12.06)

Tokenlon DEX
3 min readDec 6, 2024

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This week, BTC has broken past a historical $100,000 mark with huge volatility, where it retraced as low as around $90,000, now at $97,855.92, up 1.5% in 7d. ETH is performing exceptionally well, up 8.8% in 7d, currently at $3,891.89.

DeFi Market

Note: Data as of 2024.12.06 9:30 UTC+8

Total TVL: $133.89b, of which Ethereum chain TVL is 76.50b.

For Ethereum Layer 2, the total locked value is $58.11 billion, a 7-day increase of 12.5%.

  • The Arbitrum One network’s total locked value is $21.00 billion, a 7-day increase of 14.00%
  • The Optimism network’s total locked value is $8.86 billion, a 7-day increase of 10.5%
  • The Base network’s total locked value is $13.75 billion, a 7-day increase of 13.00%

DEX Market

The DEX market last week has a total transaction of $62b, accounting for 32.9% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $174,018,127.25, with 1,738 transaction addresses and 4,003 transactions. The revenue was $315,378.56 and the net profit from fees was $298,198.18 with the current fee balance being $1,738,312.55.

LON

  • The LON staking contract has a staked amount of 76,439,113.12 LON, with an annualized staking yield (monthly) of 25.99%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,586,335. A total of 0 LON was bought back last week.

Tokenlon Development Highlights

Tokens

  • Liquidity research for MORPHO, HYPE, and THE tokens.
  • Multi-chain token additions:
  • BNB — THE

Market Makers

  • Market maker reports for phase 33 trade mining and notify all participating market makers.
  • Monitor market maker quotes and maintain daily communications

TIP 40: Improving LON buyback mechanics and pausing LON minting

Community Activities

  • Preparations for the Christmas Event.
  • Tokenlon BNB Free Trading Campaign:
  • Trade on the BNB Network via Tokenlon now to enjoy limited-time free trading and share $2,000 in rewards!

LON Liquidity

  • Plan LON liquidity deployment on Layer 2 and coordinate with the liquidity management team.

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,

2024.12.06

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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