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RWAs on @arbitrum are the definition of Up Only
RWAs on @arbitrum are the definition of Up Only
Every USDG metric on @arbitrum is now available on arbdata[.]com
Track supply by protocol, DEX trading, lending markets, bridge flows, and top holders of USDG, all in one place.
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Join us Thursday at 1 pm ET for a conversation with folks from the ecosystem about growing $USDG on Arbitrum.
@ajwarner90 - @Offchain
@0xkarankaria - @Paxos
@MartindRijke - @maplefinance
@Jonezee - @GMX_IO
@Derekmw23 - @Uniswap
@AliTslm - @EntropyAdvisors
Live here on X and Youtube.
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Every USDG metric on @arbitrum is now available on arbdata[.]com
Track supply by protocol, DEX trading, lending markets, bridge flows, and top holders of USDG, all in one place.
Show more
Variational’s Treasury has crossed $11M - their first $6M took them ~7 months to earn.
The next $5M took just 2 months.
Daily inflows have climbed from ~$30k to $100k+ in just the last 2-3 months.
Data:
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2 USDG Morpho vaults on @arbitrum have passed $40M in deposits.
$35M of that is already borrowed against syrupUSDG, mostly to loop, at a 2.7% borrow rate.
Are you a protocol that sinks stablecoins?
Come sink those stablecoins on Arbitrum, and you will be rewarded.
It's really that simple.
Introducing the Arbitrum Stablecoin Growth Program.
Apps with $1M in stablecoin balances that make $USDG their primary stablecoin on Arbitrum can apply for the Arbitrum Stablecoin Growth Program that includes:
> Performance-based incentives
> Ecosystem support and perks
> 2M ARB prize pool for the first 10 teams to hit $10M of $USDG TVL
Apply today and learn more below. 👇🧵
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GMX now holds $12M+ in USDG deposits on @Arbitrum, and the main driver is their GLV USDG Vault.
DRIP incentives are live for the vault depositors, distributed via @merkl_xyz.
For more details, check them out at:
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Did you know the top gas-consuming contract on @arbitrum belongs to @variational_io?
It accounts for over 5% of all gas consumed in the past 30 days - $35K+ across ~470k transactions.
More data at:
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Ethena tokenized the funding rate. @GMX_IO just tokenized the house.
GLV[USDG] is a USD denominated LP token earning 63% of all fees across GMX's underlying perps markets.
The yield source? Traders paying for leverage. One Morpho listing away from a looping paradigm shift.
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The focus is revenue.
Accelerate.
JUST IN: Arbitrum generated a record $5M+ in revenue in September
> Monthly revenue is up ~5x
> Priority Gas Auctions (launched just one week ago as a new revenue stream) already generated $120K+
> 1.5B new transactions across the Arbitrum Platform so far this year
Arbitrum Autumn is in full motion 🍂
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Perps open interest on @RobinhoodCrypto Chain is approaching $500M, with RWAs making up ~70%.
@Lighter_xyz has driven most of that growth, accounting for 93% of perps open interest on the chain.
Data:
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Perps open interest on @RobinhoodCrypto Chain is approaching $500M, with RWAs making up ~70%.
@Lighter_xyz has driven most of that growth, accounting for 93% of perps open interest on the chain.
Data:
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Last week @variational_io recorded a new Volume ATH.
This week, Open Interest has crossed $2B for the first time - up ~2x since July.
Data:
Last week @variational_io recorded a new Volume ATH.
This week, Open Interest has crossed $2B for the first time - up ~2x since July.
Data:
UPDATE: Priority fees have generated $50k of revenue in less than 2 days, which doesn't include base fees that typically generate around $15-20k per day.
Yeah, Arbitrum looking pretty good here.
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Priority fees and Fast Feed are live on @Arbitrum, and they already make up 59% of all fees paid on the chain.
In the 1st day, users paid 9.45 ETH ($25K) in tips to get their transactions ordered first.
We built a dashboard to track PGA from day one. Breakdown below 👇
🧵/5
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UPDATE: Priority fees have generated $50k of revenue in less than 2 days, which doesn't include base fees that typically generate around $15-20k per day.
Yeah, Arbitrum looking pretty good here.
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