LON

Tokenlon, originated in 2017, aiming to offer in-wallet decentralized exchange, with the vision of Tokenlon becoming an infrastructure of decentralized payment services that provides real-time payment and settlement between different networks and different currencies.Today, the cryptocurrency payment scenario has not yet arrived, but decentralized exchanges (DEX) have gradually begun to be accepted by the market. As liquidity is an important part of the financial market, the success of DEX will directly affect whether open finance can revolutionize traditional finance and cryptocurrency becoming a more inclusive value store and payment tool. Tokenlon 4.0 is based on an improved off-chain Request for Quotation (RFQ) architecture built on the 0x DEX protocol. With on-chain settlement, Tokenlon provides users with a trading experience that does not require trust, has neither slippage, nor front running. Since its launch in July 2019, Tokenlon 4.0 has 120,000 users that traded a total volume of over $4B. Thanks to its design, the on-chain settlement success rate is 99.6%, far ahead of other DEX protocols. As the original vision persists, we are continuing to improve Tokenlon to make it a payment and settlement infrastructure for open finance.