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Users can convert eUSD to peUSD, which aims to be friendlier for high-frequency traders – a term that describes a wide range of automated trading firms, including market makers and other vital liquidity providers – that use decentralized finance protocols, said 0xP, Lybra’s pseudonymous head of commercial partnerships. Source
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In this “future internet of value,” Matter Labs says zkSync Era will be just one among many compatible blockchains. As it stands now, though, Era is the chain with the most liquidity, the largest number of builders, and the greatest number of platforms already on its network. New blockchains that
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Arbitrum, meanwhile, has surged by 33.2% in the past 12-days as activity on the layer 2 blockchain continues to mount. Total value locked (TVL) on Arbitrum-based platforms like GMX and Radiant has increased by 12.5% and 9.3% in the past seven days, according to DefiLlama, as traders demonstrate an appetite
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance crypto exchange has announced support for direct deposit and withdrawal of the USDC stablecoin via the Arbitrum network. Arbitrum USDC deposits and withdrawals Following the integration of USD Coin (USDC) on the Arbitrum One network, on
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While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Graph, a blockchain data indexing and query protocol, has started the final phase of its transition process to Arbitrum, a layer-2 scaling solution operating on Ethereum. The Graph, an indexing and query protocol for blockchain data,
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Every time a user performs a transaction on The Graph like delegating and indexing, there is a cost to it. “With this transfer to Artbitrum, those costs are lower. So we expect that there will likely be more indexers that spin up on the network [and] more delegators that get
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On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the analytics company analyzed the impact of the airdrop on the chain’s
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Businesses that have an account with Circle can now access Arbitrum USDC and “readily swap USDC across supported chains - avoiding the costs and delays associated with bridging,” said Circle’s official Twitter account. Several key applications will support Arbitrum USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe
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The software bug “created network stress caused by the large backlog of transactions which hadn’t been posted on-chain,” wrote Arbitrum Foundation’s community lead, who goes by the username “eli_defi,” on Discord. “A solution has already been deployed earlier today, and everything has been operating as it should.” Source
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