Emperor Osmo๐Ÿงช
Emperor Osmo๐Ÿงช

@Flowslikeosmo

9 Tweets 1 reads Dec 14, 2022
1/ Markets Down?
@arbitrum does not care.
Let's take a look ๐Ÿงต๐Ÿ‘‡
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
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.
4/ Daily Transactions and users are at an all time high as a result.
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.
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.
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.
8/ It's fair to say Arbitrum is capturing the eyes of many.
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!

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