On December 19, the Federal Reserve announced a 25-basis-point rate cut. Following the announcement, the three major U.S. stock indices plunged sharply, dragging the crypto market lower as well.
BTC hit a low of $95,700, while ETH dropped to a low of $3,320, with total market liquidations reaching as high as $110 million. Currently, BTC is priced at $96,805.85, reflecting a 7-day decline of 3.1%, and ETH is priced at $3,367.78, with a 7-day decline of 13.9%.
DeFi Market
Note: Data as of 2024.12.20 9:30 UTC+8
Total TVL: $123.14b, of which Ethereum chain TVL is 68.97b.
For Ethereum Layer 2, the total locked value is $47.13 billion, a 7-day decrease of 11.5%.
- The Arbitrum One network's total locked value is $19.28 billion, a 7-day decrease of 8.13%
- The Optimism network's total locked value is $7.47 billion, a 7-day decrease of 13.7%
- The Base network’s total locked value is $12.73 billion, a 7-day decrease of 9.59%
DEX Market
The DEX market last week has a total transaction of $63b, accounting for 30.6% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon's trading volume this week was $160,722,646.44, with 1,633 transaction addresses and 3,842 transactions. The revenue was $250,069.12 and the net profit from fees was $234,788.19 with the current fee balance being $1,732,806.44.
LON
- The LON staking contract has a staked amount of 76,077,714.08 LON, with an annualized staking yield (monthly) of 25.68%. Along with a newly deployed liquidity pool on Arbitrum, the LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 6,808,051. A total of 0 LON was bought back last week.
Tokenlon Development Highlights
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Multi-chain token additions
- BNB - FLOKI, ALU
- Base - ALU
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Tokens
- RLUSD ,MORPHO, MOVE, BGB, HYPE trending tokens listing evaluation
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Market makers
- Daily communications with market makers, react to downtimes as well as improve quoting performance
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🎉 Tokenlon BNB chain free trading campaign
- Trade for free for a limited time and win $2,000. On the last day of the campaign and winners will be announced next week. Details here.
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🎄 Xmas celebrations campaign
- Xmas celebrations campaign preparation completed and will start next week. Please stay tuned.
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Tokenlon users on-chain monitoring
- Analyze Tokenlon users to improve understanding of our users on-chain, and make necessary product improvements
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,
2024.12.20
Contact us
Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.