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Arbitrum Reports $5.8 Million in Revenue Over 30 Days

PGA and Fast Feed generated more than $200,000 in fees during their first two weeks, while perpetual trading volume reached $1.2 billion over 24 hours.

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Red bridge sculpture beside polished metallic token forms / TokenPost.ai
Red bridge sculpture beside polished metallic token forms / TokenPost.ai

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. The different measurement windows mean the figures should not be treated as a single performance measure.

The reported figures cover revenue, trading volume and fees across separate parts of the network’s activity.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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