Uniswap Total Transaction Volume on the Arbitrum Network Surpasses $150 Billion
The trading volume of Ethereum Layer 2 protocol Arbitrum on decentralized exchange Uniswap has exceeded $150 billion. Uniswap Labs wrote in a social media post on Monday that Arbitrum is the first Layer 2 protocol to break the $150 billion total trading volume threshold on DEX. As of early May, Arbitrum's cumulative perpetual trading volume reached $150.2 billion.
Blockchain data tracker DeFiLlama shows that Arbitrum's total locked value (TVL) is $2.64 billion, making it the largest TVL Layer 2 and the fifth largest protocol after Layer 1 Solana, BSC, Tron, and Ethereum.
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