Arbitrum's decentralized exchange (DEX) trading volume has increased more than sevenfold since 2022, according to Coinomedia. This growth is attributed to lower gas fees, faster transaction speeds, and the expansion of its ecosystem. Major DEX platforms such as GMX, Camelot, and SushiSwap have integrated with Arbitrum, enhancing its appeal.
The surge in volume is also supported by airdrops and user incentives, which have significantly boosted user engagement on the platform. These developments highlight Arbitrum's growing influence in the decentralized finance space as it continues to attract more users and trading activity.
Arbitrum DEX Trading Volume Increases Sevenfold Since 2022
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