Nomad ⨀ pfp
Nomad ⨀
@prbkr
Arbitrum still ranks among Ethereum’s busiest Layer 2 networks, holding over $2.4 billion in total value locked (per DeFiLlama). Major protocols like GMX, Uniswap, and Aave keep liquidity flowing, with daily DEX volumes often between $800 million and $1 billion, and occasionally topping $1.3 billion on peak trading days. Nearly 300,000 active addresses show the network’s user base remains solid, even as rivals like Base and zkSync gain traction. The $ARB token trades around $0.34, giving it a market cap of nearly $1.66 billion, although it’s still down more than 85% from its peak. @arbitrum 's developer grants, rising real-world asset flows (about $214 million now), and new tools like Rust and Stylus keep attracting projects and builders, helping offset some recent capital shifting to other chains. Overall, strong fundamentals and a deep DeFi ecosystem keep Arbitrum near the top of the L2 leaderboard.
0 reply
0 recast
0 reaction