Arbitrum released over 12% of its ARB supply through an AirDrop. Arbiturm continued to outperform its competitors, but ARB fell victim to a scam. Arbitrum [ARB] completed its latest AirDrop on 23 March, increasing the network’s newly launched token’s circulating supply. As per Delphi Digital’s Twitter thread, Arbitrum AirDropped over 12% of its supply, which […]
. GMX has processed over $93 billion in volume since its inception on Arbitrum and has recently hit all-time highs in TVL.’s data revealed that the graph moved sideways.
While GMX’s gaining spree stopped, the opposite was true for Arbitrum, as its TVL gained upward6/ Arbitrum’s closest competitor is Optimism, an L2 that also settles transactions to Ethereum.If we were to use Optimism as a benchmark for Arbitrum, we see Arbitrum leads in nearly all metrics:
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