Tokenlon is set to release its next-gen trading protocol, Tokenlon v6. This iteration will be more open and flexible, supporting new token discovery and enabling fast connections with other protocols in the ecosystem. It will also offer quick deployment on new networks, and establish multi-chain connections. Asides from that, Tokenlon plans to introduce its own DeFi product.
Over the past 4 years, Tokenlon has continued to upgrade its product to meet the diverse trading needs of the users. Asides from Instant Swaps, there’s also Limit Orders for preset trades. Tokenlon has faciliatated more than 1 million trades for over 230,000 users, with a total volume of over $29 biliion USD. In just the past year, the total trading volume was at $4,598,124,784.14, with protocol fees amounting to $7.865,293.76. TokenTerminal’s financial ranking shows that Tokenlon ranks 9th in profitability among DEXs last year. According to DeFiLlama’s Ethereum DEX ranking, Tokenlon has always been consistently within the top 10.