Tokenlon
LON Rank #811Price chart
What is Tokenlon?
Protocol and transition
Tokenlon operates a decentralized trading protocol. LON’s original economic model began in April 2021. It used trade mining, repurchases and staking incentives. Under TIP42, staking and trade-mining rewards ceased on January 19, 2026. The protocol confirmed this change after its final mining phase. Fee revenue is redirected toward the community treasury. The new framework emphasizes tokenholder decisions over resource allocation.
LON 2.0 design
TIP42 sets out four participation paths: burn, mint, vote and earn. Burning LON for treasury assets is a proposed exit mechanism. Its ratios, windows and limits require governance decisions. Depositing assets to mint LON is another proposed mechanism. Those tokens would be subject to vesting. Voting covers protocol parameters and treasury strategies. Contribution rewards can support liquidity, development and community work. These mechanisms form the LON 2.0 design rather than unconditional existing redemption rights. The published rollout schedules governance infrastructure and a portal through 2026.
Where to trade LON
3 exchanges · top 10
Live spot quotes from connected exchanges
LON funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.