2 weeks since DRIP launched, and the impact across protocols and assets on @arbitrum is becoming even clearer. Here are the key highlights: 1. Overall Ecosystem 🔹 Stablecoin Market Cap +$500M (+5% WoW) led by: - Hyperliquid USDC (+$200M) - Arbitrum USDC (+$100M) - @USDai_Official (+$100M) 🔹 DeFi TVL +$180M (+5% WoW), now +$410M (+15%) since DRIP launch, driven by Lending 🔹 USD Eligible assets market cap are up +$85M (+15% WoW), +$291M (+190%) since DRIP launch 🔹 Lending Gross Protocol Fees continue trending up: - @eulerfinance +37% WoW - Fluid +23.5% WoW 2. Top Protocols 🔹 @morpholabs: Market Size flat WoW, with 100% of borrowing activity in USDC 🔹 @0xFluid: Market Size +6% WoW to ~$340M, with more than half of syrupUSDC supplied here 🔹 @SiloFinance: Market Size +13% WoW to ~$100M, with USDC and WETH driving 100% of borrowed liquidity 3. Top Assets 🔹 syrupUSDC leads all USD assets with $41M Market Size, followed by thBILL at $38M and USDai + sUSDai tied at $20M 🔹 All...
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