šø So, you wanna know the real deal about those VC coins, huh? š¤
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A bunch of Chinese influencers went on a rant saying they're useless and that projects like ARB only have 50 real users... š
But I dug up some data and guess what? š¤Æ The weekly transaction volume on Arbitrum's on-chain DEX reached 4 BILLION US DOLLARS šø with a 7-day increase of 33.85% š How's that possible if it's just a "useless" chain with a handful of users? š¤·āāļø
š Check out these numbers: DeFiLlama's got the data, and it shows:
š Ethereum's on-chain DEX had the highest transaction volume with 10.468 billion US dollars in the past 7 days, but with a 19.01% decrease š¬
š” Then there's Solana's on-chain DEX, with a transaction volume of 9.716 billion US dollars in the past 7 days, but it dropped by 31.85% š
šŖ Arbitrum's on-chain DEX, on the other hand, saw a huge 33.85% increase to 4.084 billion US dollars in the past 7 days š
š BSC's on-chain DEX had a transaction volume of 3.696 billion US dollars in the past 7 days, but it fell by 21.31% š
š„ And lastly, Base's on-chain DEX saw a transaction volume of 2.579 billion US dollars in the past 7 days, with a steep 41.67% drop š¬
What do you think, fam? š Are people getting played by those big-name Chinese influencers, or is there really something to these numbers? š¤