<ul data-eligibleForWebStory="true"><li>Even amid price downturns, Arbitrum is causing buzz in DeFi space with protocol performance.</li><li>Revenue from protocols on Arbitrum saw significant growth with GMX and Ostium leading.</li><li>Arbitrum's low market cap-to-TVL ratio hints at being undervalued considering its performance.</li><li>Despite recent price decline, Arbitrum's strong fundamentals indicate potential for future growth.</li><li>Analysts believe Arbitrum, with its revenue diversity and momentum, is an undervalued gem.</li></ul>

Arbitrum: DeFi’s Most Undervalued Powerhouse?

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