Crypto Reinnassance on Arbitrum: New DeFi Protocols are Super Impressive
The crypto market has had a rough year, with many assets seeing significant declines in value. However, while the overall market may be struggling, one bright spot has been the DeFi sector on Arbitrum.
Arbitrum TVL has continued to rise and is currently over $1b, making it the 5th protocol by TVL — just shy of Polygon in 4th place.