Arc USDC/USDC pool posts 489% annualized fees on mainnet launch
- —The 1% fee pool held roughly $206,000 in TVL with about $277,000 in 24-hour volume
- —Cumulative fees of about $2,766 translated into the 489% annualized figure
- —Arbitrage bots cycled ERC-20 USDC into native USDC and back, generating the volume
- —Arc uses USDC as its native asset and gas token, with no wrapped WUSDC
Why it matters: The case shows how Arc's native USDC design and Uniswap v4's currency identification create arbitrage routes and one-off yield spikes that should fade as spreads narrow.
Source: TokenPost