TRON bridge is now online: https://tokenlon.im/blog/16444523094804
Week in review
On the last working day of the week, influenced by the precedent of XRP being classified as a non-security token, the market experienced a general rise. According to CoinGecko, ETH surpassed $2,000, while BTC surpassed $31,000 once again, with a 24-hour increase of 6.9% and 2.8% respectively.
The highest point for ETH reached $2,020.46, currently priced at $2,002.74, showing a 7.7% increase over the past 7 days. BTC reached a peak of $31,686.28 and is currently priced at $31,264.18, with a 7-day increase of 3.9%.
Note: Data as of 2023.7.14 09:30 +UTC
Total TVL: $45.87b, of which Ethereum chain TVL is $26.95b, up 3.85% from last week.
For Ethereum Layer 2, the total locked value is $10.02 billion, a 7-day increase of 6.30%.
- The Arbitrum One network's total locked value is $6.04 billion, a 7-day increase of 6.56%, accounting for 60.34%
- The Optimism network's total locked value is $2.34 billion, a 7-day increase of 10.67%, accounting for 23.40%.
The DEX market last week has a total transaction of $12b, down $3b from last week
Tokenlon & LON Weekly Statistics
- Tokenlon's trading volume this week was $87,508,823.32, with 1,210 transaction addresses and 3,201 transactions. The revenue was $158,928 and the net profit from fees was $146,671, with the current fee balance being $2,701,401.91.
- This week, all 3,201 transactions were protected on Tokenlon and was not affected by any MEV attacks
The LON staking contract has a staked amount of 66,394,190.22 LON, with an annualized staking yield (monthly) of 30.12%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 8,347,572 This week, Tokenlon bought back 281,709 LON, accumulating a total of 18,313,187.22 LON bought back.
Tokenlon Development Highlights
- Tron Bridge User Experience Optimization
- When the user's trading volume reaches 10,000, fireworks effects will be displayed on the transaction completion page.
- If the current balance is greater than the amount of the current transaction, a "Place Another Order" button will be displayed, redirecting to the order form page.
- Added transaction limit prompt to avoid users trading at the previous maximum limit after continuously increasing the limit.
- Tron Bridge Promotion
- Publish an article introducing Tron Bridge for promotional purposes.
- Instant Swap Intelligent Split Routing
- Successfully deployed to the Staging environment and completed a transaction. Wrapping up the development tasks next week.
- Q2 OKR Review & Retrospective
- The Tokenlon team conducted a comprehensive review of the work done in Q2, summarized the experience, and provided insights for future work.
- Tokeninsight course
- Cooperating with Tokeninsight, the activity runs until July 20th. Join the quiz and have a chance to win a share of the $1,000 reward.
- Fourth Anniversary Samples
- Sample production is complete and will be given to participating users during the anniversary event.
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.