Daily Brypto Reps-Maxxing - Day 18
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So I found the news that Arbitrum is starting a Kaito campaign quite interesting...
I have very positive + nostalgic feelings towards Arbitrum...
Primarily due to the $ARB airdrop... and just those halcyon $GMX/Blueberry/Dopex days of yesteryear in general :)
And I know many others feel the same, so is very cool they'll be incentivizing discussion of the chain via this campaign...
Also is another big W for Kaito, I must say...
But yeah, thought it would be a good opportunity to take a look at what is going on with Arbitrum these days!
Checking in with our beloved @DefiLlama, we can see that Arbitrum...
-Is currently the 7th biggest chain (and 2nd largest L2 after Base)
-Has $3.6B TVL
-Has seen TVL growth of +18.40% over the last month (vs +26.73% for ETH Mainnet and +13.77% for Solana, for comparison)
And the 12 largest protocols on Arbitrum currently are:
1. Aave
2. GMX
3. Uniswap
4. Compound
5. Fluid
6. Stables Labs USDX
7. Franklin Templeton (RWA)
8. Spiko (RWA)
9. Dolomite
10. Ostium (who I wrote about recently on this series)
11. Camelot
12. Pendle
I had not checked on the above list for awhile so was quite surprised to see the two RWA projects on it...
But yeah, Arbitrum is giving out 400,000 $ARB tokens (around $160,000 USD currently) over 3 months for the campaign, so will be interesting to watch the results...
And if you are Yap-maxxing hardcore is probably a great candidate for doing so ๐ช
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But yeah once again ya'll I am trying to do an extra little daily diary thing as the bull market heats up!
We are at $3.5T total crypto market cap right now and I firmly believe we'll hit $10T by the end of 2027, and I want to be as locked-in as possible for it :)
Please RT if you enjoy!
And hit me up with anything/everything I should check out next!