Tokenlon
LONDecentralized trading protocol with off-chain quotes and on-chain settlement
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.21% | 3.56% | 48.23% | 17.76% | 16.15% | 6.62% |
Revenue & Burn
Protocol income
-$109.27KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | -$109.27K | -- | -- | -- |
| Oct 2026 | $220.47K | -- | -- | -- |
| Sep 2026 | $357.74K | -- | -- | -- |
| Aug 2026 | $275.95K | -- | -- | -- |
| Jul 2026 | $242.14K | -- | -- | -- |
| Jun 2026 | $312.96K | -- | -- | -- |
Comparison
Developer
Tokenomics
Unlock Progress
Data source: CoinMarketCap
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Tokenlon: xLON Token (0f23) |   LON | 85,841,481.5 | 61.12% | $13.56M |
| Tokenlon: Merkle Redeem (23db) | LON | 16,194,683.71 | 11.53% | $2.55M |
| 0x3557...0a46 | LON | 9,314,391.31 | 6.63% | $1.47M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | UUniswap v2DEX | LON/WETH | $0.1581 | -- | -- | $18,743 | -- |
Follow Updates
Follow Lists
People
About Tokenlon
Tokenlon is a decentralized trading and payment-settlement protocol on blockchain networks that uses a Request-for-Quote (RFQ) order-matching model, aggregating liquidity from professional market makers (PMM) and automated market makers (AMM, such as Uniswap, Curve, and Sushiswap) to deliver optimal swap prices with a what-you-see-is-what-you-get execution. It supports instant swaps and limit orders, and lets users trade without holding ETH for gas, while maintaining an order success rate above 99%.
Tokenlon is natively integrated into the imToken wallet and offers token swaps across Ethereum, Polygon, Optimism, Arbitrum, BNB, Base, and zkSync. Its native LON token is used for community governance, staking, and trading-fee discounts. Since launch, the protocol has recorded over $45.79B in cumulative trading volume and more than 1.69M cumulative trades, positioning itself as a self-custodial DEX infrastructure for both everyday users and active traders.
Buyback & staking: In August Tokenlon published 7th-anniversary on-chain data: protocol fees have cumulatively bought back 30.05 million LON (21.39% of total issuance), with 85.88 million LON currently staked and 43.99 million LON paid out in cumulative dividends.
Governance & incentives: 49 Snapshot proposals have passed with 3,308 addresses voting; the platform has run 2,557 days with zero exploits and zero inflation, and held a trading lottery from August 19 to 26.
Tokenlon passed TIP 43 in April 2026, consolidating three multisig wallets into a unified Community Treasury worth about $24.96 million at on-chain prices on April 7; the vote authorized converting 10-20% of stablecoins into long-term BTC/ETH positions and allocating about $5 million of stablecoins as Tokenlon V7 Solver launch liquidity, with LON, xLON and LON LP holders eligible to vote. In August 2026 it advanced the TIP 44 grant proposal and DAO governance framework design.
As of the September 25 weekly report, 85,884,104 LON was staked in the staking contract, the Community Treasury stood at about $27.70 million, and weekly net fee profit was $101,400.
Tokenlon's Future strategy and roadmap: The roadmap revolves around the V7 upgrade with Solver-based execution and about $5 million of initial liquidity, alongside a community governance module, quarterly treasury snapshots and BTC/ETH rebalancing rules.
He Bin — Founder; founder and CEO of imToken, launched the imToken wallet in 2016, incubated Tokenlon in 2018 and spun it out as an independent DEX and settlement protocol in 2019.
Tokenlon charges 0.04% between stablecoin pairs and 0.3% on other pairs; fees scale across 10 tiers (levels 0–9) based on 30-day volume or LON balance: 0.30%, 0.29%, 0.28%, 0.26%, 0.24%, 0.22%, 0.20%, 0.18%, 0.15% and 0.10%, with level 9 requiring 10,000 LON or $10m in 30-day volume.