ETH is finally showing strength against BTC and others. I think it’s time to pay more attention to the ETH ecosystem, especially ETH Layer 2s.
@arbitrum is the first chain launched on Ethereum Layer 2 and has attracted significant attention for a long time after its launch.
Recently, #Robinhood chose Arbitrum One for their tokenized US on-chain stock.
Combined with stablecoin supply and the rapidly growing #RWA sector on the chain, I believe Arbitrum is ready for the next leg!
– The TVL on Arbitrum is holding at $4.38B, ranked #7 among chains and #2 among Layer 2s.
– Daily active addresses on the chain are around 400K, with 2-2.5M transactions per day.
– Arbitrum is still struggling with DEX trading volume since December 2024. At the moment, Arbitrum is only executing $500-800M in daily volume.
– #Uniswap, #GMX, and #Aave are still dominating Arbitrum with fees around ~$300K/day, making up 40.5% of application revenue.
📌 Lastly, here are some top projects by TVL on the chain:
🥇 @aave | Lending | $1.65B TVL
The king of EVM lending, owns 37.6% of Arbitrum’s TVL.
🥈 @GMX_IO | Perp DEX | $462.6M TVL
OG perps protocol on Arbitrum. Still one of the best-native trading venues.
🥉 @Uniswap | AMM DEX | $312.9M TVL
Uniswap dominates AMM volume across EVM. #1 DEX on Arbitrum by volume.
4️⃣ @compoundfinance | Lending | $237.8M TVL
Cross-chain lending veteran with $50M+ in annualized fees.
5️⃣ @0xfluid| DeFi Infra | $171M TVL
A liquidity layer that combines lending, trading, and borrowing into one seamless UX.
6️⃣ @Spiko_finance | RWA | $163.6M TVL
The biggest RWA play on Arbitrum. Regulated in France and investing in US/EU T-Bills.
→ As ETH regains momentum, I expect Arbitrum to quietly lead a new wave of activity, not through memecoins, but through real use cases like RWAs, stables, and modular #DeFi infra.
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