Summary
- It was announced that the weekly revenue of the Arbitrum (ARB) protocol increased by 23% compared to the previous week, recording $1.43 million.
- The main factor cited was the growth of the Ostium RWA (real-world asset) DEX based on Arbitrum. Ostium’s weekly revenue reportedly surged by 120%.
- As of 3:21 p.m., the price of Arbitrum (ARB) on the Binance USDT market is $0.3106, down 1.80% from 24 hours ago.
Weekly revenue for the Arbitrum (ARB) protocol increased by 23% compared to the previous week.
According to Dune Analytics data on the 25th (local time), Arbitrum generated $1.43 million in revenue last week, reflecting a 23% increase week-over-week.
The main reason for this revenue growth is attributed to the rise of Ostium, a real-world asset (RWA) futures decentralized exchange (DEX) based on Arbitrum. This week, Ostium's weekly revenue surged by 120% to $225,000. WuBlockchain stated, "The increase in Ostium's revenue is seen as a result of the Arbitrum-based RWA market reaching an all-time high of $300 million in size."
As of 3:21 p.m., Arbitrum is trading at $0.3106, down 1.80% from 24 hours ago on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
