1 min read
Circle’s Arc Blockchain Reaches $494 Million in DeFi TVL After 10 Days
Arc’s total value locked rose 44.52% in one week, while decentralized exchange volume reached $55 million over 24 hours.
Circle’s Arc blockchain reached $494 million in decentralized finance total value locked 10 days after its mainnet launch, highlighting rapid early growth for the network.
Arc’s TVL rose 44.52% over the past week, the fastest weekly increase among leading blockchains. TVL measures the value held in decentralized finance applications on a network.
Trading activity also increased, with decentralized exchange volume reaching $55 million over the 24 hours covered by the figures.
The results place Arc among the fastest-growing blockchain networks by weekly TVL.
