# Tokenlon (LON) — crypto price, market cap and strength versus Bitcoin > Tokenlon trades at $0.1715 with a market capitalisation of $22.2M (rank 780). Over 90 days it is -16.7% against Bitcoin and sits below its 200-day average. DEX as a theme is +11.3% against Bitcoin over 13 weeks. Price readings run through 2026-07-31. ## Agent research brief - What this coin is: Tokenlon (LON), a DEX token of $22.2M at market-cap rank 780. No protocol activity data is published for it. - What the tape says: -16.7% versus Bitcoin over 90 days; below its 200-day average. DEX as a theme is +11.3% against Bitcoin over 13 weeks. - What the evidence supports: 35.3/100 inside DEX on 50% evidence (0% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Tokenlon publishes no fee, revenue, TVL or user series at all. Theme: DEX (/mla/crypto/sector/dex). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk Tokenlon is -76.4% over one year, -36.8% over 90 days and +2.3% over 30 days. Annualised 30-day volatility is 43%. Its deepest fall from a high inside the last 90 days is 77%. It trades below its 200-day average, which is falling. - Price: $0.1715 - Market cap: $22.2M (rank 780) - Returns: 7d +0.5%; 30d +2.3%; 90d -37%; 180d -51%; 1y -76% - RS versus Bitcoin, 90d: -17% - 30-day volatility: 43% annualised; deepest 90-day fall 77% - 200-day average: $0.2603, trading below it ## Protocol economics No protocol fee, revenue, TVL, user, DEX-volume or transaction series is published for Tokenlon, so this page shows none rather than inventing one. That is the normal case in crypto: fewer than one coin in seven has any of it. ## Research score Tokenlon: 35.3/100 — Illiquid · research only; 8.0 + 15.0 + 10.0 + 2.3 = 35.3; evidence 50%; native evidence 0%; rank 31 of 33 rated DEX coins Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## DEX scorecard Tokenlon is one of 48 DEX coins here, 33 of which carry enough evidence to be rated and ranked. Tokenlon ranks 31 of those 33 on 50% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. PancakeSwap (CAKE): score 76.4; evidence 95%; Priority research · market gate closed - 2. Curve DAO (CRV): score 65.6; evidence 95%; Constructive watch · market gate closed - 3. DODO (DODO): score 57.1; evidence 50%; Tape-led · on-chain proof incomplete - 4. Hydration (HDX): score 57; evidence 95%; Illiquid · research only - 5. Velodrome Finance (VELO): score 56.5; evidence 50%; Illiquid · research only - 6. CoW Protocol (COW): score 56.5; evidence 48%; Illiquid · research only - 7. Frax (prev. FXS) (FRAX): score 55.2; evidence 50%; Illiquid · research only - 8. 1INCH (1INCH): score 55; evidence 55%; Tape-led · on-chain proof incomplete - 9. Magma Finance (MAGMA): score 54.4; evidence 50%; Illiquid · research only - 10. Aster (ASTER): score 51; evidence 12%; Illiquid · research only - 11. VVS Finance (VVS): score 50.6; evidence 42%; Illiquid · research only - 12. Bancor Network (BNT): score 50.2; evidence 50%; Illiquid · research only - 13. Uniswap (UNI): score 49.6; evidence 51%; Mixed · market gate closed - 14. Sushi (SUSHI): score 48.8; evidence 95%; Mixed · market gate closed - 15. Falcon Finance (FF): score 47.1; evidence 12%; Illiquid · research only - 16. Pendle (PENDLE): score 46.4; evidence 95%; Mixed · market gate closed - 17. Orca (ORCA): score 45.6; evidence 75%; Mixed · market gate closed - 18. Momentum (MMT): score 44.5; evidence 33%; Illiquid · research only - 19. Meteora (MET): score 43.6; evidence 65%; Illiquid · research only - 20. Synthetix (SNX): score 43.3; evidence 50%; Tape-led · on-chain proof incomplete - 21. 0x Protocol (ZRX): score 43.2; evidence 50%; Illiquid · research only - 22. HumidiFi (WET): score 43; evidence 50%; Tape-led · on-chain proof incomplete - 23. Raydium (RAY): score 42.1; evidence 95%; Lagging · market gate closed - 24. Gnosis (GNO): score 41.4; evidence 55%; Illiquid · research only - 25. dYdX (DYDX): score 41; evidence 55%; Tape-led · on-chain proof incomplete - 26. Kyber Network Crystal (KNC): score 37.9; evidence 50%; Illiquid · research only - 27. Baseline (B): score 36.9; evidence 55%; Tape-led · on-chain proof incomplete - 28. THORChain (RUNE): score 36.4; evidence 95%; Illiquid · research only - 29. WOO (WOO): score 36.4; evidence 50%; Illiquid · research only - 30. Cetus Protocol (CETUS): score 35.9; evidence 50%; Illiquid · research only - 31. Tokenlon (LON) [this coin]: score 35.3; evidence 50%; Illiquid · research only - 32. CoinEx (CET): score 30.9; evidence 55%; Illiquid · research only - 33. Osmosis (OSMO): score 26.9; evidence 95%; Illiquid · research only ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Tokenlon (LON)? Tokenlon is a DEX cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with no protocol activity data published for it. It is one of 48 DEX coins on this site. Readings are as of 2026-07-31. ### What is the market cap of Tokenlon? Tokenlon's market capitalisation is $22.2M, ranking it 780 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above. ### Is Tokenlon beating Bitcoin? Tokenlon is -16.7% against Bitcoin over 90 days, and its own theme, DEX, is +11.3% over 13 weeks. It trades below its 200-day average as of 2026-07-31. ### Does Tokenlon have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### What is Tokenlon's research score? 35.3/100 within DEX, ranked 31 of 33 rated DEX coins, on 50% evidence: 8.0 + 15.0 + 10.0 + 2.3 = 35.3. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action. ### How much Tokenlon history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Tokenlon actually publishes. No protocol fee, revenue, TVL or user series is published for this token, so none is shown.