Arbitrum protocols on the network generated over $1.3 million in revenue last week, marking a significant milestone.
Perpetual decentralized exchanges (Perp DEXs) led the revenue growth, with GMX earning $497,000 and Ostium Labs and Gains Network also showing notable increases.
FDUSD expanded to Arbitrum, offering faster, low-cost stablecoin transactions and increased liquidity for users.
The revenue growth reflects the growing commercial potential of Arbitrum's DeFi ecosystem and the advancement of blockchain-based financial services.
Arbitrum is increasingly becoming a core DeFi destination due to its speed, efficiency, and mature dApp ecosystem.
The integration of FDUSD on Arbitrum improves stablecoin transfers and liquidity for traders, dApps, and protocols on the network.
Arbitrum's role in decentralized finance is solidifying, with the network evolving into a key player in the DeFi space.
The network's transaction speed, efficiency, and growing infrastructure make it an attractive option for cross-chain stablecoin transactions.