Arbitrum is booming, with a large number of on-chain ecosystems like Radiant Capital, GMX, and Gains Network attracting substantial liquidity into the ecosystem with the anticipation of Arbitrum's airdrop.

MixTrust is a one-stop DeFi service platform deployed on the Arbitrum one chain, facilitating a more convenient and intelligent user participation in the DeFi ecosystem. As a platform, its empowerment and value locking rely on the value accumulation of the public chain's DeFi ecosystem, while also serving as a DeFi portal to bring in a large amount of liquid assets for the Arbitrum ecosystem.

The new generation of DID + biometric technology essentially transforms KYC into biometric identification while binding it to on-chain identities. This means better protection of user privacy, rather than collecting user information directly on various web2 platforms.

MixID, as a new type of DID, differentiates itself from traditional DID primarily through biometric anti-fraud measures. Additionally, the DID released by MixTrust in its role as a DeFi service platform portal indicates that this will be one of MixTrust's strategies to bring users into the DeFi space.

MXT also rides on the popularity of the Hong Kong concept and the AI sector. Currently, its market value is relatively low, showing significant potential for growth. The platform is built on artificial intelligence technology!

We can see that most projects on Arbitrum have experienced a massive increase in TVL due to expectations from the ARB listing, starting with GMX:

GMX is a decentralized perpetual contract trading platform, with a current trading volume exceeding 110 billion US dollars and fees exceeding 170 million US dollars.

Next is GNS: a perpetual contract trading platform similar to GMX, which offers not only cryptocurrencies but also leveraged trading for foreign exchange, stocks, commodities, and indices, with a trading volume of 32 billion US dollars and 23 million US dollars in fee revenue.

Finally, Magic, the leading on-chain game on Arbitrum, has also reached a market capitalization of 380 million US dollars.

Why deploy on Arbitrum?

As one of the four major L2s, Arbitrum stands out in the rollups track, with an on-chain TVL reaching 3.8 billion, up more than 20% from yesterday, holding 55% of the market share in the L2 space.

The trading volume has exceeded the ETH mainnet for several consecutive days, solidifying Arbitrum as the leader in the L2 track. The clear data shows that a large number of high TVL applications are mainly based on DeFi protocols, including well-known names like AAVE and GMX. More intuitively, DeFi users are predominantly on Arbitrum, making it the leading L2 for high-frequency trading among DeFi users.