Jul 19, 02:03 PM

Arbitrum's TVL Doubles to $10 Million, Hits $4.218 Billion ATH in DeFi

Arbitrum, a Layer 2 scaling solution for Ethereum, has seen significant growth and adoption recently. According to DefiLlama, Arbitrum's Total Value Locked (TVL) increased from 5 million to 10 million in just two weeks. The platform is recognized for its cost efficiency, enhanced security, and reduced carbon footprint. Arbitrum has also achieved another all-time high (ATH) with a TVL of $4.218 billion in decentralized finance (DeFi). Users are drawn to Arbitrum for its speed, cost efficiency, and reduced gas fees per transaction. The platform continues to be a popular choice for scaling Ethereum due to its advanced technology and seamless user experience.

#Arbitrum #Ethereum #DefiLlama #Total Value Locked

Written with ChatGPT (GPT-4o).

Sources

Arbitrum Intern@arbitrum_intern
2 years ago
Thread so long, didn't read Arbitrum Day hits different https://t.co/LIoIdZG2My
CryptoPires(💙🧡)🧱@s1pires
2 years ago
💙Another ATH for #Arbitrum🧡 TVL $4.218 in #Defi No other L2 comes close, Arbitrum tech speaks volume https://t.co/wK8tLOAKzG
Arbitrum Universe@ARB_Universe
2 years ago
⚡ @Arbitrum is garnering attention for its speed, cost efficiency, & enhanced accessibility ⚡ For users, the transition to using #Arbitrum is seamless ⛽ Arbitrum can drastically reduce the amount of gas required per transaction! 🔽 VISIT https://t.co/b2Vn9TeaWh…

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Arbitrum's TVL Doubles to $10 Million, Hits $4.218 Billion ATH in DeFi

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