TRON bridge is now online: https://tokenlon.im/blog/16444523094804
Week in review
On July 26th, the Federal Reserve announced a 25 basis point interest rate hike, reaching the highest level since 2001, which was in line with market expectations.
As a result, the cryptocurrency market did not experience significant changes, and this week's market sentiment remains bearish. BTC has declined by 2.3% in the last 7 days, currently priced at $29,165.73, while ETH has declined by 1.7% in the last 7 days, with a current price of $1,861.29.
Note: Data as of 2023.7.28 09:30 +UTC
Total TVL: $43.19b, of which Ethereum chain TVL is $25.03b, down 2.94% from last week.
For Ethereum Layer 2, the total locked value is $10.31 billion, a 7-day increase of 0.75%.
- The Arbitrum One network's total locked value is $5.96 billion, a 7-day decrease of 3.37%, accounting for 57.86%
- The Optimism network's total locked value is $2.81 billion, a 7-day increase of 13%, accounting for 27.29%.
The DEX market last week has a total transaction of $9b, drastically down by 25% compared to the previous week.
Tokenlon & LON Weekly Statistics
- Tokenlon's trading volume this week was $75,145,932.47, with 1,083 transaction addresses and 2,927 transactions. The revenue was $145,763 and the net profit from fees was $134,729, with the current fee balance being $2,249,033.38.
- This week, all 3,236 transactions were protected on Tokenlon and was not affected by any MEV attacks.
The LON staking contract has a staked amount of 66,717,241.90 LON, with an annualized staking yield (monthly) of 29.98%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 8,190,071. This week, Tokenlon bought back 183,363 LON, accumulating a total of 18,726,225.76 LON bought back.
Tokenlon Development Highlights
- Tokenlon 4th Anniversary Preparations
- Tokenlon data and the open letter are in the preliminary stages of completion. The final version will be confirmed and shared with the community next week.
- AMA with DeFi-related teams
- New token listing crvUSD is now listed on Tokenlon.
- You can directly swap crvUSD on the platform.
- Market Makers
- The 21st round of trading mining has concluded. We will analyze the market-making reports and communicate with the parties involved.
- Community Activities
- The Tokeninsight event is in its final stages. Once the list is confirmed, you can log in to Tokeninsight to check if you are a winner.
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.