2/ Volatility has been a gift. The number of daily active contracts has exploded over the last month.
More volatility has yielded more users
More Dapps = More users = More Contracts
More volatility has yielded more users
More Dapps = More users = More Contracts
3/ Arbitrum now boasts the second largest protocol by fees.
GMX overtook Uniswap in fees in the last day.
GMX is 40% of Aribtrum's TVL but over 80% of the fees generated.
GMX overtook Uniswap in fees in the last day.
GMX is 40% of Aribtrum's TVL but over 80% of the fees generated.
4/ Daily Transactions and users are at an all time high as a result.
All metrics at an inflection curve.
All metrics at an inflection curve.
5/ Interestingly, the user base is largely comprised of smaller users.
Not whales, as one would expect from such an explosion in fees.
Not whales, as one would expect from such an explosion in fees.
6/ Arbitrum is now the 5th largest protocol by TVL
The total value locked (TVL) on Arbitrum has increased by over $400 million over the past months.
The total value locked (TVL) on Arbitrum has increased by over $400 million over the past months.
7/ Arbitrum has taken the largest market share compared to Polygon, Avalanche, Ethereum.
A 436.36 % growth in the number of active addresses since April.
A 436.36 % growth in the number of active addresses since April.
8/ It's fair to say Arbitrum is capturing the eyes of many.
As the volume has continued to surge since its last upgrade.
As the volume has continued to surge since its last upgrade.
9/ Arbitrum, remains a bright spot in the market.
Users, transactions and applications are all going vertical
Rumors of an possible token have only fueled the excitement,
If this is a bear market, Imagine what a bull market looks like!
Users, transactions and applications are all going vertical
Rumors of an possible token have only fueled the excitement,
If this is a bear market, Imagine what a bull market looks like!
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