Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the past day, according to DeFillama data.
During the reporting period, DEXs on Arbitrum saw their volume soar to $1.843 billion, surpassing Ethereum’s $1.444 billion and Solana’s $683.59 million.
Arbitrum DEX Weekly Volume (Source: DeFillama)
This surge aligns with Arbitrum’s continuous weekly growth, rising by 32.58% to $6.804 billion, a new all-time high, though still trailing Ethereum’s $9.581 billion. However, it surpasses Solana’s $5.039 billion and notably exceeds Binance Smart Chain’s daily volume by nearly fourfold.
The rising DEX volume also coincided with high-network activity on the layer2 network. During the past day, Arbitrum’s daily transaction per second stood at 14.05, while Ethereum mainnet’s was 12.92, according to L2beat data.
Uniswap dominates
The increased trading volume can be attributed to heightened activity on Arb
We współpracy z: https://cryptoslate.com/arbitrum-dexs-daily-transaction-volume-eclipse-ethereum-solana/
