The cryptocurrency market has experienced continuous fluctuations this week, with Ethereum (ETH) reaching a high of over $2400. Projects like OP, ARB, Metis, IMX, leading the Layer2 sector, have shown decent increases. Tokenlon has expanded its support for exchanges across multiple networks, including Polygon, Arbitrum, and Optimism. Currently, there is an overall pullback in the cryptocurrency market, with Ethereum priced at $2,340.7 and Bitcoin (BTC) at $42,404.
DeFi Market
Note: Data as of 2023.12.29 09:30 +UTC
Total TVL: $53.808b, of which Ethereum chain TVL is 29.08b.
For Ethereum Layer 2, the total locked value is $19.55 billion, a 7-day increase of 14.30%.
- The Arbitrum One network's total locked value is $9.36 billion, a 7-day increase of 8.32%
- The Optimism network's total locked value is $6.03 billion, a 7-day increase of 19%
DEX Market
The DEX market last week has a total transaction of $22b, accounting for 45.7% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon's trading volume this week was $71,596,514.26, with 1,228 transaction addresses and 2,630 transactions. The revenue was $151,877.6 and the net profit from fees was $144,185.3 with the current fee balance being $285,901.42.
LON
- The LON staking contract has a staked amount of 71,213,595.82 LON, with an annualized staking yield (monthly) of 28.86%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,133,523. A total of 157,471.73 LON was bought back last week.
Tokenlon Development Highlights
- Optimizing V6 web form states and button logic, currently in development.
- In different transaction scenarios, user prompts for corresponding actions are provided through variations in button text and clickable states to guide users through the transaction process.
- In certain scenarios, adjustments are made to the default trading currency pairs and displayed items in the form.
- Multi-chain instant exchange functionality is being implemented.
- Conducting research on slippage settings for multiple networks in the market.
- Adjustments to the imBTC cross-chain gateway service are underway.
- For users holding imBTC, please complete imBTC redemption by March 31, 2024. For details, refer to the service adjustment announcement.
- Community Activities:
- The Tokenlon Double Festival event is ongoing. Participate in trading any token to receive Apple prize packages. Check out the event details.
- New Asset Listing:
- Tokenlon has listed $IMX. Welcome everyone to trade on Tokenlon, where current transactions have a chance to win Double Festival reward packages.
Important Risk Warning
- LON token contract address:
0x0000000000095413afC295d19EDeb1Ad7B71c952 - 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
Tokenlon,
2023.12.29
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.