On November 1st, the US Federal Reserve decided to temporarily pause interest rate hikes for the month of November, maintaining rates between 5.25% and 5.50%. Following this news, both BTC and ETH experienced slight increases in their prices.
BTC once again broke $35,000, while ETH rose above $1,800. Currently, BTC is quoted at $34,464.65, and ETH at $1,797.86.。
Note: Data as of 2023.11.3 09:30 +UTC
Total TVL: $42.26b, of which Ethereum chain TVL is $22.97b.
For Ethereum Layer 2, the total locked value is $11.85 billion, a 7-day increase of 0.42%.
- The Arbitrum One network's total locked value is $6.60 billion, a 7-day increase of 0.42%, accounting for 55.70%
- The Optimism network's total locked value is $2.91 billion, a 7-day decrease of 1.18%, accounting for 24.61%.
The DEX market last week has a total transaction of $13b, accounting for 59.7% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
- Tokenlon's trading volume this week was $97,719,508.26, with 1,336 transaction addresses and 3,187 transactions. The revenue was $170,908.71 and the net profit from fees was $164,039.61, with the current fee balance being $272,727.21.
- The LON staking contract has a staked amount of 68,953,026.20 LON, with an annualized staking yield (monthly) of 29.03%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,103,441. A total of 244,103.63 LON was bought back last week.
Tokenlon Development Highlights
- Tokenlon v6
- Internal showcase has been conducted and feedback collection in progress
- V6 multichain support
- Criteria for multichain support established. Deployment set to be released on version 2.14.0, which will be the first step in multichain deployment
- MEV protection mechanism
- Enhancements have been made to protect each transaction from frontrunning and sandwich attacks. It has reached the final testing phase and is expected to be launched next week.
- Core User Growth
- Evaluation metrics for core target users are being reviewed, along with information analysis of the target users and related conversion.
- New Market Tokens
- Exploration and observation of new assets in the market. New assets will be listed promptly upon meeting specific criterias.
- Market Makers
- Engaging with market makers on collaboration and development matters concerning Tokenlon and LON.
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.