Tokenlon Weekly(2024.3.8–3.15)

Tokenlon DEX
3 min readMar 15, 2024

BTC experienced a sharp correction, dropping below $67,000 at one point, with the current price at $68,237, representing a 6.9% decrease in the last 24 hours. Ethereum is currently priced at $3,735, with a 5.8% decrease in the last 24 hours. In addition to the market correction, Ethereum welcomed the Cancun upgrade this week, resulting in significantly lower fees on Layer2 networks after the upgrade.

Tokenlon has also supported Optimism and Arbitrum Layer2 networks, allowing users to experience Optimism and Arbitrum networks through the imToken market page.

DeFi Market

Note: Data as of 2024.3.15 09:30 +UTC

Total TVL: $98.95b, of which Ethereum chain TVL is 53.21b.

For Ethereum Layer 2, the total locked value is $36.34 billion, a 7-day decrease of 2.91%.

  • The Arbitrum One network’s total locked value is $15.06 billion, a 7-day decrease of 4.44%
  • The Optimism network’s total locked value is $8.55 billion, a 7-day decrease of 4.23%

DEX Market

The DEX market last week has a total transaction of $43b, accounting for 42.2% of the total Ethereum network transactions.

Tokenlon & LON Weekly Statistics

Tokenlon

  • Tokenlon’s trading volume this week was $122,742,388.53, with 1,131 transaction addresses and 2,364 transactions. The revenue was $272,226.52 and the net profit from fees was $242,192.16 with the current fee balance being $712,160.77.

LON

  • The LON staking contract has a staked amount of 72,899,602.16 LON, with an annualized staking yield (monthly) of 28.79%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,964,779. A total of 228,738.73 LON was bought back last week.

Tokenlon Development Highlights

Token Listings

  • Trading for PRIME, BEAM, XAI, and PORTAL tokens is now supported.

Restaking Asset Research

  • We are monitoring Restaking opportunities in the market and conducting research on relevant tokens.

Genesis Airdrop LON Claim Countdown

  • Following the approval of TIP 39, March 18, 2024, is the final deadline for claiming LON from the Genesis Airdrop. Tokens not claimed by then will be transferred to the Tokenlon Community Treasury for incentivizing community ecosystem development.

Multichain Ecosystem Grants Research

  • We are researching incentive programs in various blockchain ecosystems to help Tokenlon obtain ecosystem incentive support.

HK Web3 Event

  • Preparing relevant materials for the Hong Kong Web3 event and defining event objectives.

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,

2023.3.15

Contact us

Notes

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

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Tokenlon DEX

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