DeFi· ★★★· neutral·

Arc Hits $551M TVL but DEX Volume Slumps 30% Week-Over-Week

  • —Arc TVL stands at $551.32 million, stablecoins at $513.39 million, 98.39% in USDC
  • —Weekly DEX volume dropped 30.4% to $316.37 million; perps volume just $1.98 million
  • —Morpho Blue and Aave V4 hold about 90% of chain TVL
  • —24-hour fees hit $159,783, but app revenue was only $8,712
Why it matters: It shows that institutional backing and stablecoin growth do not guarantee trading activity or fee revenue for a network.
Source: NullTX