Tokenlon
（The following data represents the performance of the Tokenlon 5.0 protocol for the year 2024, as of December 31, 2024.）
In 2024, Tokenlon had a total trading volume of $5,276,502,757.84, with 30,085 active trading addresses, and 170,781 total transactions at an overall success rate of 99.76%. The protocol captured $10,381,466.32 in fees, with a net profit of $9,669,490.74, completed 8 rounds of LON trade mining, and utilized $5,719,625.60 to buyback a total of 6,495,892.76 LON.
In 2024, Tokenlon's pay miner fees with token feature enabled 11,111 users to complete token swaps without needing ETH.
The top 5 trading pairs were:
- ETH_USDT: $3,385,401,608
- DAI_USDT: $621,508,878
- USDC_USDT: $409,054,244
- WBTC_USDT: $357,736,499
- ETH_DAI: $232,525,138
In 2024, Tokenlon protected 22,917 users from MEV-related losses, safeguarding a total of $1,767,405,536.01 in funds.
Tokenlon v6
Since its launch on the web app in 2024, Tokenlon v6 has achieved a trading volume of $28,751,779.74, with 3,910 users completing 11,204 transactions. Among these users, 1,489 were from the BNB chain, accounting for 38% of Tokenlon v6 users. The top three trading pairs on the BNB chain were BNB_USDT, BNB_ETH, and ETH_USDT.
LON
LON (Tokenlon Network Token) is the utility token issued by Tokenlon, designed to incentivize participants within the Tokenlon ecosystem and push collaborative growth.
40,555 LON holders, with a total supply of 140,451,028.83, and circulating supply of 117,014,513.24 (77% of total supply). Among those, 76,306,531.97 LON were staked (53.73% of total supply). The longest staking period is 1,405 days, starting from the launch of xLON on 1 April 2021 to the present.
Tokenlon’s 2024 milestones
- Launch of Tokenlon v6 on the web app
- Optimized product experience and quote speed
- Supported trading across 6 chains
- Participated in Hong Kong Web3 festival
- Attended Devcon 7 in Bangkok, Thailand
- Hosted 10 community campaigns
- Listed 34 new tokens on the Ethereum mainnet
- Submitted 2 TIP proposals on LON governance
- Increased liquidity pool depth for LON/USDC on Arbitrum to provide better quotes
2025 Goals
- Improve the current LON economic model
- Explore and integrate more cross-chain services
- Enhance transaction experience based on user intent