Week in review
The market fluctuated significantly this week. According to Coingecko, BTC fell below $28,000 to $27,275.59, then quickly broke through $30,000 USDT, with an intra-day increase of over 10%, and is now priced at $29,471.92. ETH fell to a weekly low of $1,810.69 and is currently priced at $1,907.05, a 7-day drop of 1.9%. The total market cap of USDT has now reached $81.6 billion, up 1.6% in half a month.
Note: Data as of 2023.4.28 09:30 +UTC
Total TVL: $49.6b, of which Ethereum chain TVL is $29.22b, down 2% from last week.
For Ethereum Layer 2, the total locked value is $95.6 billion, a 7-day drop of 2.25%.
- The Arbitrum One network's total locked value is $63.5 billion, a 7-day drop of 1.86%, accounting for 66.52%, with over 5 million independent users and over 200 million total transactions.
- The Optimism network's total locked value is $19.4 billion, a 7-day drop of 4.75%, accounting for 20.31%.
The total trading volume of decentralized exchanges over the past week was $8 billion, a decrease of 20% from last week.
Tokenlon & LON Weekly Statistics
This week, Tokenlon's sandwich attack protection function protected a total of 1,541 orders, with no user transaction order losses. Tokenlon's trading volume this week was $124,781,000, a 9.86% increase from last week, with 1,117 transaction addresses and 3,013 transactions. The fees captured were $185,766; the net profit from fees was $166,502, with the current fee balance being $2,248,899.85.
The LON staking contract has a staked amount of 59,735,987.35 LON, with an annualized staking yield (monthly) of 30.97%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,834,930. This week, Tokenlon bought back 211,871 LON, accumulating a total of 15,934,919.96 LON bought back.
Tokenlon Development Highlights
- Tokenlon's Q2 market growth plan confirmed
- ARB Ecosystem Rewards
- Tokenlon's multi-signature address has received 75,000 ARB This week, pre-governance collected community user ideas for reward distribution.
- As of now, 16 feedbacks have been received. You can find out the details on Discord.
- The formal distribution incentive governance proposal will be submitted to the community in the next week.
- Added LSD related tokens, currently fully supporting staking related liquidity tokens and related governance tokens LDO, wstETH, RPL, FRAX, SWISE, frxETH, rETH
- Market Makers
- New market makers are debugging the system
- Signed market maker services LON market liquidity
Important Risk Warning
- LON token contract address:
- 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
Digital Assets are highly volatile and unpredictable. Please do your research before trading.