After experiencing a significant uptick last week, the cryptocurrency market has shown a slight downward trend this week. BTC has fallen below $69,000 and is currently trading at $68,492.30; ETH has fallen below $3,800 and is currently trading at $3,755.24.
While major tokens are falling, meme coins, such as PEPE, are generally rising. However, please be aware of the risks associated with meme coins due to their high-risk nature.
DeFi Market
Note: Data as of 2024.05.31 21:30 +UTC
Total TVL: $106.22b, of which Ethereum chain TVL is 64.61b.
For Ethereum Layer 2, the total locked value is $42.22 billion, a 7-day increase of 0.6%.
- The Arbitrum One network's total locked value is $18.93 billion, a 7-day decrease of 0.04%
- The Optimism network's total locked value is $7.7 billion, a 7-day increase of 7.44%
DEX Market
The DEX market last week has a total transaction of $43b, accounting for 63.8% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon's trading volume this week was $74,614,169.68, with 1,395 transaction addresses and 3,249 transactions. The revenue was $168,170.80 and the net profit from fees was $161,040.53 with the current fee balance being $744,786.41.
LON
- The LON staking contract has a staked amount of 76,169,564.2 LON, with an annualized staking yield (monthly) of 28.43%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,127,685. A total of 72,472.43 LON was bought back last week.
Tokenlon Development Highlights
- Token Listing
- Tokenlon now supports trading of REZ, ezETH, RSETH, and weETH tokens.
- Bestbuy
- User testing has been completed. Thank you to all participants. We will optimize the product based on your feedback and reward those who provide valuable feedback.
- Multi-chain
- Tokenlon has added support for token swaps on zkSync, BNB, and Base networks.
- Ecosystem collaborations
- Engaged with more ecosystem builders
- Talks with Linea for future collaboration.
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,
2024.5.31
Contact us
Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.