Arbitrum Adds $64.2 Million in Weekly Stablecoin DEX Volume

Arbitrum recorded a $64.2 million increase in stablecoin decentralized exchange (DEX) volume over a week, more than three times the roughly $19.2 million combined gain across the next seven networks. The comparison tracks weekly growth, not each network’s total DEX volume.

Arc had the next-largest increase at $11.8 million, followed by Ink at $4.2 million and Tempo at $2.7 million. OP Mainnet, zkSync and Gnosis each gained less than $200,000, while Boba’s increase was under $20,000.

Arbitrum’s stablecoin market capitalization stood at $4.51 billion across 18 assets on Oct. 10, a separate measure from weekly DEX volume.

NullMask, a privacy protocol, is live on Arbitrum. Its tools let users send and swap crypto, make deposits and withdrawals, and check balances without making transaction details public.