ICYMI: In addition to Arbitrum One, @RobinhoodApp is also bu | Token Terminal on Binance Square

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ICYMI: In addition to Arbitrum One, @RobinhoodApp is also building directly on the @ethereum L1 via USDG.

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⛓️🌐 What is meant by a blockchain's GDP? ▪️ The GDP metric measures the USD value of what end users pay in Fees to interact with a chain’s applications in a given period of time. The GDP metric excludes gas fees paid to the underlying chain. ▪️ An onchain transaction by an application’s end user is classified as a Fee whenever the application is entitled to apply a take rate (0-100%) on it. The GDP metric takes into account the total Fee paid by the end user. ▪️ Example: a borrower on Aave pays $100 in interest on their loan; the Fee equals $100. ▪️ The GDP metric is intentionally based on Fees, and not Revenue, so that the end user payments of widely used applications that have a 0% take rate, such as Uniswap & Morpho, are taken into account.

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Stablecoins amount to 1.1% of the US dollar supply. Many stablecoin startups will contribute to this ratio getting closer to 100%.

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🔁📈 Daily trading volume on @AxiomExchange is up by ~200% over the past week.

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ICYMI: @Ripple's RLUSD on @ethereum surpassed $400m in supply.

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... @friendtech comeback? 😅

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