What is the current price of Tokenlon Network Token?
The current price of Tokenlon Network Token is $0.1822
Supply and ATH/ATL data provided by CoinGecko
Delisted / inactive on checked exchanges. On 2026-10-08, no active market was found on Binance, KuCoin, Gate, Bybit, Bitget, Kraken or OKX. Last recorded price at that check: 2026-09-16.
Hyperliquid perpetuals only. One snapshot every 5 minutes, up to 20 returned price levels per side. Liquidity beyond those levels is unknown. This is not a liquidation heatmap or a fill estimate.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Tokenlon is a decentralized exchange and settlement protocol on Ethereum, and LON is its utility and governance token. What separates Tokenlon from a standard automated market maker is its order flow model: rather than routing every trade through a constant product pool, Tokenlon uses a request for quote design in which professional market makers price orders off chain and settle them on chain, and it aggregates on-chain automated market maker liquidity alongside that, sending each order to whichever source is best.
LON is an ERC-20 token on Ethereum, with a representation on Arbitrum. The token contract enforces a hard cap of 200,000,000 LON, verified by reading the contract's cap directly on chain, and not all of that cap has been minted. LON is used for trading fee discounts, for governance, and for staking that shares in protocol revenue.
Official sources:
Tokenlon began in 2018 as an exchange feature inside imToken, the self-custody wallet built by ConsenLabs, and it was later separated into a standalone decentralized exchange with its own token and governance. That origin explains much of the product's shape. It was designed first for wallet users making straightforward swaps, so its priorities were execution quality and a simple interface rather than the long tail of exotic pairs.
LON was introduced in 2020 as the ecosystem token, distributed substantially through trade mining and liquidity programs. Of the 200 million token cap, 130 million was earmarked for the community through the LON Network Incentive Plan.
Request for quote settlement A user requests a quote for a specific pair and size. Market makers respond with signed prices off chain. If the user accepts, the signed order settles on chain through Tokenlon's contracts. Because the price is quoted rather than derived from a pool curve, large orders can avoid the slippage a thin pool would impose, and the user sees the price before committing.
Aggregation of on-chain liquidity Tokenlon also routes into on-chain automated market makers where those offer a better result. The protocol compares sources and picks the venue, so a single interface covers both models.
Onchain settlement contracts Settlement, allowances and order validation are handled by the Tokenlon contract suite, which is open source, written in Solidity, tested with Foundry, and built on OpenZeppelin components. A market maker server kit is published separately so that market makers can run the off-chain quoting side.
Fee capture and redistribution Net protocol fees are used to buy LON on the open market. Bought back tokens go to the community treasury and to the staking reward pool.
The token exists on Ethereum at 0x0000000000095413afc295d19edeb1ad7b71c952 and on Arbitrum at 0x55678cd083fcdc2947a0df635c93c838c89454a3.
Tokenlon's defining choice is that it treats professional market making as a first class liquidity source rather than as something to be replaced by pools. That yields firm, quoted pricing and, because quotes are signed off chain, no failed transaction from a price that moved between simulation and execution in the way pool routed trades can. The value accrual design is also unusually direct for a decentralized exchange token: fees buy the token on the open market and a fixed proportion flows to stakers, rather than the token serving only as a governance badge.
Uniswap and Curve are pool based automated market makers where price is a function of reserves. Tokenlon's core path is quoted pricing from market makers, closer in spirit to how over the counter desks work, with pool liquidity used as an additional source rather than the foundation. 1inch and similar aggregators route across many venues, which overlaps with Tokenlon's aggregation feature, but Tokenlon also operates its own market maker network rather than only routing into others. The 0x Protocol popularized signed off-chain orders settled on chain, and Tokenlon's settlement model sits in that lineage while running its own product and token around it.
Tokenlon is a set of smart contracts rather than a blockchain, so its security is contract security plus the security of Ethereum itself. The contracts are open source and publicly auditable, use audited OpenZeppelin building blocks, and ship with a test suite covering both isolated unit tests and integration tests run against forked mainnet state. Because settlement is on chain and quotes are signed, a market maker cannot settle a price the user did not agree to, though the user still relies on market makers to quote competitively.
The most important thing to understand about Tokenlon in 2026 is its development posture, and it is worth stating plainly rather than implying. The protocol is not abandoned and it is not archived: the website is live, the repositories are public and unarchived, and commits continue. But the cadence is maintenance level rather than active expansion. Public repository activity shows the core contract repository last receiving commits in January 2026, the market maker server kit in May 2026 and the subgraph in August 2026, with no new major protocol version announced publicly. That is a stable, quietly maintained protocol, not one in an active build phase.
Other considerations:
Tokenlon is one of the longer running examples of a request for quote decentralized exchange, and it demonstrated that professional market making and on-chain settlement can be combined without giving up self-custody. Its buyback and staking design is also a concrete, working example of a token that captures protocol revenue directly. For anyone comparing exchange architectures, it is a useful reference point precisely because it took a different path from the pool based majority.
LON is available on centralized exchanges and on decentralized exchanges on Ethereum and Arbitrum, including Tokenlon itself. Availability, pairs and eligibility vary by jurisdiction and by platform.
LON has commonly been available on venues such as:
Pairs are typically quoted against USDT where supported.
Confirm the network and the exact contract address before any deposit or withdrawal, since LON exists on more than one chain.
Useful comparisons on Coinrithm:
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Read the complete paper trading guideThe current price of Tokenlon Network Token is $0.1822
The daily trading volume is $1,102.82
The market capitalization of Tokenlon Network Token is $22,491,471.
The fully diluted valuation (FDV) of Tokenlon Network Token is $36,440,000, calculated assuming the maximum supply of 200,000,000 LON is in circulation.
Circulating: 123,443,858. Total: 140,451,029. Max: 200,000,000.
LON/USDTTether USDT0.1822 USDT
