Arbitrum Reports $5.8 Million in Revenue Over 30 Days
Photo: TokenPost
Arbitrum reported $5.8 million in revenue over 30 days, while perpetual trading volume reached $1.2 billion over a 24-hour period. Two newer fee products, PGA and Fast Feed, generated more than $200,000 in fees during their first two weeks. The figures cover different periods and measure separate parts of Arbitrum’s activity. Arbitrum is an Ethereum layer-2 network that aims to increase transaction speeds and reduce costs. Its reported activity includes decentralized finance and real-world assets. The revenue figure covers 30 days, while the perpetual trading-volume figure covers 24 hours.
Also reported by Coinfomania.
Source: TokenPost
