Tokenlon Price

Tokenlon (LON) is a cryptocurrency launched in 2020 that operates on the Ethereum platform. It serves as the native token for Tokenlon, a decentralized exchange (DEX) protocol focused on providing secure and efficient trading experiences. Currently ranked #464 with a price of $0.6801, LON has seen a -3.16% change in the last 24 hours. Tokenlon has a circulating supply of 119.92M LON out of a maximum supply of 200M LON. Its current market capitalization stands at $81.56M, with a 24-hour trading volume of $83.56K. The token powers the Tokenlon ecosystem, enabling governance voting, fee discounts, and staking rewards. As part of the DeFi and DEX token categories, LON operates within both the Ethereum and Arbitrum ecosystems, making it accessible across multiple blockchain environments. With its focus on decentralized trading infrastructure, Tokenlon aims to enhance liquidity and trading efficiency in the broader cryptocurrency market.

Tokenlon was created on December 23, 2020. It was launched on the Ethereum blockchain as an ERC-20 token that powers the Tokenlon decentralized exchange protocol. Tokenlon serves as the governance token for the Tokenlon platform, allowing holders to participate in protocol decisions and receive various benefits within the ecosystem. Since its creation, Tokenlon has established itself as a notable token in the DeFi and DEX sectors, with a current market cap of $81.56M as of 2025-07-05.

Tokenlon was founded by ConsenLabs, the team behind imToken wallet. The project was launched in December 2020 as an evolution of the Tokenlon DEX that had been operating since 2018. ConsenLabs, led by CEO Ben He, developed Tokenlon to serve as the governance token for the Tokenlon decentralized exchange protocol. The founding team's vision was to create a decentralized trading platform that combines the security of on-chain settlement with the user experience of centralized exchanges. Since its inception, the project has focused on providing efficient token swaps with minimal slippage and competitive rates on Ethereum and later expanded to Arbitrum. The LON token was introduced to decentralize governance of the protocol and incentivize liquidity providers.

Tokenlon (LON) is an ERC-20 token that powers the Tokenlon decentralized exchange (DEX) protocol on the Ethereum blockchain. It functions through a hybrid architecture combining order books with automated market makers (AMMs) to provide optimal trading efficiency. The token works as the governance token for the Tokenlon DAO, allowing holders to vote on protocol upgrades and parameter changes. LON also serves as a utility token within the ecosystem, where users can stake it to earn trading fee rewards and receive discounts on transaction costs. Currently ranked 464 with a price of $0.6801, LON has a circulating supply of 119.92M LON out of a maximum supply of 200M LON. The token's market cap stands at $81.56M with a 24-hour trading volume of $83.56K. LON also operates on the Arbitrum network, enhancing scalability and reducing transaction costs. The token's value is derived from the protocol's usage, governance rights, and the overall growth of decentralized trading platforms in the DeFi ecosystem.

Tokenlon operates on a hybrid technical architecture that combines on-chain and off-chain components. At its core, LON is an ERC-20 token built on the Ethereum blockchain, which provides security and transparency for all transactions. The protocol utilizes a request-response model with an off-chain order matching engine that improves trading efficiency while maintaining decentralization. The architecture consists of several key components: - Smart contracts for on-chain settlement and token management - Off-chain order matching for improved performance - Automated Market Maker (AMM) integration for liquidity - Cross-chain bridges supporting Ethereum and Arbitrum networks Tokenlon's technical design prioritizes security through formal verification of smart contracts and implements a unique request-for-quote (RFQ) system that sources liquidity from professional market makers. This architecture allows LON to achieve better trading prices and lower slippage compared to traditional DEXs. With a current circulating supply of 119.92M LON out of a maximum supply of 200M LON, the protocol maintains scalability while preserving decentralization principles. The architecture also supports governance functionality, allowing LON token holders to participate in protocol decisions.

Tokenlon has a promising future with a clear roadmap focused on enhancing its decentralized exchange protocol. The team plans to expand cross-chain capabilities beyond Ethereum and Arbitrum ecosystems by 2026, enabling seamless trading across multiple blockchains. By 2027, Tokenlon aims to implement advanced AMM algorithms to reduce slippage and improve trading efficiency. The roadmap includes developing new DeFi products like yield farming and lending protocols by 2030, positioning Tokenlon as a comprehensive DeFi hub. The token's utility will expand with governance rights, fee sharing, and staking rewards. With a maximum supply of 200M LON tokens and current circulating supply of 119.92M LON, Tokenlon has room for controlled growth. The team is committed to regular protocol upgrades, security audits, and community-driven development. The project's focus on security, user experience, and interoperability positions Tokenlon to potentially capture significant market share in the DEX sector as DeFi adoption continues to grow through 2035.