TokenlonPrice(LON)
Details Tokenlon (LON) Price information (USD)
The current real-time price of LON is $0.2650. In the past 24 hours, LON has traded between $0.2641 and $0.2712, showing strong market activity. The all-time high of LON is $9.81, and the all-time low is $0.0668.
From a short-term perspective, the price change of LON over the past 1 hour is
Tokenlon (LON) Market Information
Tokenlon (LON) Today's Price
The live price of LON today is $0.2650, with a current market cap of $32.721M. The 24-hour trading volume is 30K. The price of LON to USD is updated in real time.
Tokenlon (LON) Price History (USD)
What is TOKENLON (LON)?
When is the right time to buy LON? Should I buy or sell LON now?
Before deciding whether to buy or sell LON, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s LON technical analysis can provide you with trading references.
Future price trend of LON
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for LON.
How much will LON be worth tomorrow, next week, or next month in ? What about your LON assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! LON Price Prediction
How to buy TOKENLON (LON)
Convert LON to local currency
LON Resources
To learn more about LON, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xf885...d30f23  | 86.242M | 61.4% |
ethereum | 0x0000...9023db | 16.551M | 11.78% |
ethereum | 0x3557...c20a46 | 9.314M | 6.63% |
ethereum | 0x4014...3ae51d | 6.750M | 4.81% |
ethereum | 0xa3a7...d60eec | 5.286M | 3.76% |
Other | 16.306M | 11.61% |
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TOKENLON (LON) FAQ
What is Tokenlon (LON) and how does its core trading mechanism work?
LON is the native utility and governance token for the Tokenlon protocol. Tokenlon is a decentralized exchange (DEX) aggregator that sources liquidity from professional market makers and other DEXs to secure optimal pricing for users. Its distinguishing feature is the Request for Quotation (RFQ) architecture, which allows users to lock in an exact price before executing a trade, ensuring "what you see is what you get" (no slippage) and protecting against front-running.
How is Tokenlon different from other decentralized exchanges that use an Automated Market Maker (AMM) model?
Unlike AMM-based DEXs that rely on liquidity pools and often incur slippage, Tokenlon utilizes an RFQ (Request for Quotation) model. This unique approach allows users to receive a guaranteed price from market makers before confirming a transaction. This eliminates the risk of unexpected price changes (slippage) and provides protection against malicious arbitrage or front-running activities often associated with AMM environments.
What are the primary benefits and utility of holding LON tokens?
Holding LON offers two main advantages: trading fee discounts and governance participation. LON holders receive tiered discounts on their trading fees directly proportional to the amount of LON they hold. Additionally, LON tokens grant holders voting power on Tokenlon Improvement Proposals (TIPs), enabling them to influence critical protocol decisions, treasury allocations, and future feature development. This allows the community to actively shape the protocol's evolution.
How does LON staking work, and what are the rules for unstaking, including early withdrawal?
Users stake their LON tokens to receive xLON, which represents their share of the staking pool. xLON automatically accrues value as a portion of the protocol's trading fees is used to buy back LON from the market and distribute it to stakers. For unstaking, there is a standard 7-day unlocking period. While early withdrawal is possible before the 7 days are complete, it incurs a penalty fee, which linearly decreases from 5% to 0% over that period. Collected penalty fees are redistributed among other active stakers.
Does Tokenlon support Layer 2 solutions, and why might I need to authorize a token before trading?
Yes, Tokenlon has expanded its operations to Layer 2 networks like Arbitrum, enabling features such as Limit Orders with significantly reduced gas fees compared to the Ethereum mainnet. Regarding token authorization, it's a standard security measure for most DEXs. You must grant the Tokenlon smart contract one-time permission to interact with your specific ERC-20 tokens before your first swap of that token. Swapping ETH for other tokens typically does not require this authorization.
How does the LON token's economic model support its value, particularly through buybacks, and where can it be acquired?
The LON token has a capped total supply of 200,000,000. Its economic model is bolstered by a "buyback" mechanism: a percentage of all trading fees collected by the protocol (currently 0.30% for most trades) is used to repurchase LON from the open market. This consistent buying pressure fuels staking rewards and contributes to the community treasury. Users can acquire LON on reputable digital asset platforms and directly through the Tokenlon dApp, often accessible via the imToken wallet.
