USDG Growth on Arbitrum Driven by Morpho and GMX
- —USDG growth on Arbitrum is attributed to Morpho and GMX activity
- —GMX's official account retweeted the post about USDG growth
- —Uniswap is also mentioned as contributing to the activity
- —Reported trading volumes on Arbitrum remain minimal
Why it matters: Sustained USDG growth could deepen liquidity and user activity across Arbitrum's DeFi ecosystem if the trend continues.
Source: Coinfomania