This week in the crypto market, the overall trend has been upward due to expectations of a Federal Reserve interest rate cut triggered by the release of U.S. CPI data. BTC has rebounded to over $66,000, now priced at $65,700.19, and ETH is currently priced at $2,946.01.
In addition to mainstream tokens, the meme market has also performed well this week. TRUMP has surged 800 times and has increased by more than 50% in the past seven days.
DeFi Market
Note: Data as of 2024.05.17 21:30 +UTC
Total TVL: $91.81b, of which Ethereum chain TVL is 52.59b.
For Ethereum Layer 2, the total locked value is $38.58 billion, a 7-day decrease of 2.99%.
- The Arbitrum One network's total locked value is $15.86 billion, a 7-day decrease of 2.29%
- The Optimism network's total locked value is $6.59 billion, a 7-day decrease of 6.29%
DEX Market
The DEX market last week has a total transaction of $21b, accounting for 42.5% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon's trading volume this week was $76,479,729.74, with 1,380 transaction addresses and 3,240 transactions. The revenue was $136,722.88 and the net profit from fees was $131,904.01 with the current fee balance being $604,589.50.
LON
- The LON staking contract has a staked amount of 76,023,450.00 LON, with an annualized staking yield (monthly) of 28.65%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 5,946,830. A total of 189,450.60 LON was bought back last week.
Tokenlon Development Highlights
- Listing of Popular Assets
- Tokenlon now supports trading of ENA and USDe tokens.
- Evaluation of Liquid Restaking Tokens
- Evaluating LRTs to be listed on Tokenlon
- Market Makers
- LON liquidity discussion
- BestBuy strategy
- Started internal testing with users. If you are interested in this product, please contact us.
- DefiLlama site data correction - Tokenlon supports multiple chains
- Addition of Multi-chain Tokens
- Added zkSync network tokens: AAI, HOLD, LONG, MAV, ZF, ZORRO. Currently, 11 tokens are on the whitelist, but if you have assets in your wallet, you can trade them without needing to be on the whitelist.
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,
2024.5.17
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.