The crypto market saw continued volatility this week. In the first half, due to expectations of a Fed interest rate cut, the three major U.S. stock indices rose, and cryptocurrencies followed suit, with ETH breaking above $3,700 after dipping below $3,400.
On Thursday, U.S. President Trump signed an executive order allowing alternative assets like cryptocurrencies to be included in 401K retirement savings plans. This could potentially bring about $12.5 trillion in new capital to the market.
ETH subsequently broke above $3,900, and is currently quoted at $3,903.89, with a 5.7% increase in 24 hours and a 5.9% increase over 7 days. BTC briefly fell below $120,000, and is now quoted at $116,482, with a 1.6% increase in 24 hours and a slight 0.8% increase over 7 days.
DeFi Market
Note: Data as of 2025.8.8 9:30 UTC+8
Total TVL: $144.93b, of which Ethereum chain TVL is $87.62b.
For Ethereum Layer 2, the total locked value is $41.18 billion, a 7-day increase of 5.02%.
- The Base network’s total locked value is $14.56 billion, a 7-day increase of 6.76%
- The Arbitrum One network's total locked value is $18.04 billion, a 7-day increase of 4.48%
- The Optimism network's total locked value is $3.63 billion, a 7-day increase of 3.99%
DEX Market
The DEX market last week had a total transaction of $92b, accounting for 24.9% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon's trading volume this week was $212,387,729.66 with 2,302 transaction addresses and 5,915 transactions. The revenue was $367,913.91 and the net profit from fees was $366,681.35 with the current fee balance being $2,349,397.68. The community treasury has a total of $17,091,943.44.
LON
- The LON staking contract has a staked amount of 88,971,825.00 LON, with an annualized staking yield (monthly) of 23.21%.The LON liquidity pool on Ethereum mainnet and Arbitrum (Uniswap+Sushiswap) has a locked LON amount of 8,300,839. LON price is currently at $0.72.
Tokenlon Development Highlights
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New Token Support
- The Ethereum mainnet now supports the COW token.
- The Base network now supports the MAMO token.
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Market Makers
- Ongoing market quote monitoring and daily communication.
- The 39th Market Maker Report is currently being compiled.
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Market Partnerships
- We are in discussions with Across and Lido regarding collaboration for our 6th anniversary.
- We are in product-level partnership discussions with Butterswap.
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DAO Governance
- The internal review and adjustments for the documentation compliance team have been completed.
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40th LON Trading Mining Round Starts
- The 39th trading mining round has ended. The total trading volume for this round was $1,034,547,018, with $1,816,469.10 in fees captured by the Tokenlon protocol. The total trading mining reward distributed was 487,163.5 LON. You can now claim your rewards here.
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Tokenlon 6th Anniversary
- The open letter and data summary for our 6th anniversary have been published, reviewing Tokenlon's journey over the past six years and outlining future plans.
- AMA preparations are complete, and merchandise production is underway. The event announcement is expected to be released next week.
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Risk Control & Security
- We are conducting on-chain monitoring of risk addresses to collect and analyze relevant on-chain information.
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,
2025.8.8
Contact us
Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.