TRON bridge is now online: https://tokenlon.im/blog/16444523094804
Week in review
This week, the market situation has remained relatively stable, with BTC briefly breaking through $30,000, reaching a peak of $30,001.63, and currently trading at $29,390.63. ETH is currently priced at $1,847.51.
It's worth noting that YGG saw a significant increase, reaching a high of $0.74, with a 7-day increase of as much as 240%. It is currently trading at $0.31. All of these tokens can be traded on Tokenlon. Additionally, Tokenlon reminds investors to be cautious and aware of the risks.
Note: Data as of 2023.8.11 09:30 +UTC
Total TVL: $41.73b, of which Ethereum chain TVL is $24.33b, up 6.15% from last week.
For Ethereum Layer 2, the total locked value is $10.53 billion, a 7-day decrease of 0.17%.
- The Arbitrum One network's total locked value is $5.95 billion, a 7-day increase of 0.97%, accounting for 56.55%
- The Optimism network's total locked value is $2.85 billion, a 7-day decrease of 4.88%, accounting for 27.09%.
The DEX market last week has a total transaction of $10b, a $1b decrease from the previous week.
Tokenlon & LON Weekly Statistics
- Tokenlon's trading volume this week was $71,008,541, with 1,123 transaction addresses and 3,101 transactions. The revenue was $144,149 and the net profit from fees was $135,067, with the current fee balance being $2,238,772.60.
- This week, all 3,101 user transactions were protected on Tokenlon and was not affected by any MEV attacks.
The LON staking contract has a staked amount of 66,430,991.53 LON, with an annualized staking yield (monthly) of 19.32%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 8,153,504. This week, Tokenlon bought back 216,283 LON, accumulating a total of 19,160,611.23 LON bought back.
Tokenlon Development Highlights
- Tokenlon V6 beta assessment
- The team conducted the first round of internal reviews, and the next step will be to optimize Gas fees to reduce transaction gas consumption.
- Exploring deployment solutions for Layer2.
- Q3 Community Plan
- The Q3 community operational plan has been confirmed, and subsequent related work will be carried out.
- Tokenlon's 4th Anniversary
- This week, preparations for the 4th-anniversary trading activities and English AMA are underway, with the launch scheduled for next week.
- User peripheral gifts have been ordered.
- Market Makers
- Strengthening alarm monitoring for market maker trading service capabilities.
- Current market makers already support PEPE; users can also trade PEPE through Tokenlon.
- New token listings
- Discovering new tokens, arranging whitelist listings, and focusing on popular assets in the market to enhance Tokenlon's user trading services.
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.