Arbitrum's rapidly growing Arbitrum rollup ecosystem has driven a 23% increase in protocol revenue last week, according to data from EntropyAdvisors's dune. The total revenue generated by the ecosystem reached $1.43 million, with Arbitrum itself contributing $550K, GMX $225K, Ostium $120K, Gains Network $85K, and Uniswap $82K. One notable standout was Ostium, which saw its revenue surge by 120%. This significant jump is likely attributed to the record $300 million in Arbitrum RWA (Rollup Weekly Activity) that has been observed recently. As the Arbitrum ecosystem continues to expand and attract more users and developers, we can expect to see even more growth in protocol revenues across the board. The impressive growth of Arbitrum and its associated protocols demonstrates the strong demand for scalable and efficient Ethereum layer 2 solutions. As more projects migrate to Arbitrum and its ecosystem continues to mature, we can anticipate further increases in revenue and overall activity within the ecosystem. Overall, the recent surge in protocol revenues on Arbitrum highlights the growing importance of layer 2 solutions in the DeFi space. As the ecosystem continues to evolve and attract more users and developers, we can expect to see even more exciting developments and growth in the coming weeks and months.
