# 05/22 Market overview：LON makes recent high at $0.97

Based on OKX market data, LON reached a new recent high at $0.97,a 0.9% rise in 24h, 4.6% rise in 7d. LON’s current overall supply is 114,712,424.15, with 76m LON staked which accounts for 66.4% of the total supply, with an APY of 28.58%.

<figure><img src="https://lh7-us.googleusercontent.com/c5T7mE_EVeBwKw6kpu71g_k7A9eCYN4HTNtVy_Zd56MMvjK1PHUP34nWJAt2YBtTTvnrbZ4BlMfA90VnHEXP7cqV1Vj12MwSmTZBLnK4vWV7eZQrGSDz9z14nqmzDFNIXups6ewDJ_ji_HxZUa_uzUo" alt=""><figcaption></figcaption></figure>

LON is the native utility and governance token of Tokenlon, holders can enjoy fee discounts as low as 0.01%.

Tokenlon now supports multichain trading on Ethereum mainnet, Polygon PoS, Optimism, and Arbitrum chains. Simply navigate to the Market page in the latest imToken wallet version, 2.15.0, to start.

Tokenlon now supports 140 tokens, with discounted fees for LON holders. Trading fees between stablecoins such as USDT, USDC, DAI etc is as low as 0.04%.

#### Tutorial

[How to use Tokenlon instant swap](https://support.tokenlon.im/hc/en-us/articles/360037732371)

[How to use limit order on Tokenlon](https://support.tokenlon.im/hc/en-us/articles/7463636612116)

#### Note

Digital assets are highly volatile and unpredictable, do your research before trading.

<br>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://tokenlon.gitbook.io/docs/docs.en/blog/whatsnew/market-update/2024/0522.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.