Tokenlon Weekly（2023.10.27–11.3）
On November 1st, the US Federal Reserve decided to temporarily pause interest rate hikes for the month of November, maintaining rates between 5.25% and 5.50%. Following this news, both BTC and ETH experienced slight increases in their prices.
BTC once again broke $35,000, while ETH rose above $1,800. Currently, BTC is quoted at $34,464.65, and ETH at $1,797.86.。
DeFi Market
Note: Data as of 2023.11.3 09:30 +UTC
Total TVL: $42.26b, of which Ethereum chain TVL is $22.97b.
For Ethereum Layer 2, the total locked value is $11.85 billion, a 7-day increase of 0.42%.
- The Arbitrum One network’s total locked value is $6.60 billion, a 7-day increase of 0.42%, accounting for 55.70%
- The Optimism network’s total locked value is $2.91 billion, a 7-day decrease of 1.18%, accounting for 24.61%.
DEX Market
The DEX market last week has a total transaction of $13b, accounting for 59.7% of the total Ethereum network transactions.
Tokenlon & LON Weekly Statistics
Tokenlon
- Tokenlon’s trading volume this week was $97,719,508.26, with 1,336 transaction addresses and 3,187 transactions. The revenue was $170,908.71 and the net profit from fees was $164,039.61, with the current fee balance being $272,727.21.
LON
- The LON staking contract has a staked amount of 68,953,026.20 LON, with an annualized staking yield (monthly) of 29.03%. The LON liquidity pool (Uniswap+Sushiswap) has a locked LON amount of 7,103,441. A total of 244,103.63 LON was bought back last week.
Tokenlon Development Highlights
Tokenlon v6
- Internal showcase has been conducted and feedback collection in progress
V6 multichain support
- Criteria for multichain support established. Deployment set to be released on version 2.14.0, which will be the first step in multichain deployment
MEV protection mechanism
- Enhancements have been made to protect each transaction from frontrunning and sandwich attacks. It has reached the final testing phase and is expected to be launched next week.
Core User Growth
- Evaluation metrics for core target users are being reviewed, along with information analysis of the target users and related conversion.
New Market Tokens
- Exploration and observation of new assets in the market. New assets will be listed promptly upon meeting specific criterias.
Market Makers
- Engaging with market makers on collaboration and development matters concerning Tokenlon and LON.
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,
2023.11.3
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Notes
Digital Assets are highly volatile and unpredictable. Please do your research before trading.
