TRON bridge is now online: https://tokenlon.im/blog/16444523094804
Week in review
This week, BTC broke through $31,500 USDT, reaching a new high in over a year. The current market continues to experience volatility, with BTC and ETH currently priced at $30,8181.17 and $1,857.54 respectively. Over the past 24 hours, BTC has seen a decline of 1.5% and ETH has experienced a decline of 3.4%.
Given the significant market fluctuations, Tokenlon advises investors to be cautious and aware of the risks involved.
Note: Data as of 2023.7.7 09:30 +UTC
Total TVL: $44.01b, of which Ethereum chain TVL is $25.99b, down 1.51% from last week.
For Ethereum Layer 2, the total locked value is $9.42 billion, a 7-day decrease of 2.79%.
- The Arbitrum One network's total locked value is $5.66 billion, a 7-day decrease of 3.38%, accounting for 60.17%
- The Optimism network's total locked value is $2.12 billion, a 7-day decrease of 2.79%, accounting for 22.52%.
The DEX market last week has a total transaction of $15b, up $3b from last week
Tokenlon & LON Weekly Statistics
- Tokenlon's trading volume this week was $66,426,589, with 1,229 transaction addresses and 3,080 transactions. The revenue was $134,477 and the net profit from fees was $121,751, with the current fee balance being $2,540,466.
- This week, all 3,080 transactions were protected on Tokenlon and was not affected by any MEV attacks
The LON staking contract has broken the 65 million mark, a staked amount of 66,170,223 LON, with an annualized staking yield (monthly) of 30.15%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 8,517,547. This week, Tokenlon bought back 323,564 LON, accumulating a total of 18,031,476 LON bought back.
Tokenlon Development Highlights
- Tron bridge Improvements
- Made to display transaction progress, allowing users to have a more intuitive experience of the transaction status.
- User profiling analysis conducted for current bridge users.
- Instant Swap
- Smart Splitting Rate design plan has been finalized.
- Q2 OKR Review
- Review of Q2 trading data and progress on work planning.
- Tokenlon 4th Anniversary Event Planning
- Main visual confirmed and sample production arranged.
- Tokeninsight Learning Quiz Activity
- Collaboration and launch with Tokeninsight. Join the quiz for a chance to win a $1,000 reward.
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.