DRIP Week 7 Highlights! From $300M to over $1B in just two months, Arbitrum’s DRIP USD assets are driving one of the strongest liquidity expansions in DeFi. Here’s the DRIP effect across @arbitrum 👇
1/ Overall Ecosystem 🔹 Combined Market Cap of USD Eligible Assets have reached new ATH of $569M (+$51M / +10% WoW) 🔹 Market Size of USD Eligible Assets on Lending Markets have also climbed to a new high of $266M (+$39M / +17% WoW) 🔹 USDC Lending Market Size on Arbitrum has reached a new milestone of $800M (+$23M / 3% WoW) 🔹 Bridged Net Flow in the last 7D reached +$455M, mostly from Hyperliquid and Arbitrum Bridge
2/ Top protocols 🔹 @MorphoLabs: New Market Size ATH of $485M (+$47M / +11%) USDC Loans have now crossed $200M for the first time (+$14M / +7% WoW) Arbitrum's market share among non-Ethereum networks has increased from <1% to ~9% since DRIP has started 🔹 @SiloFinance: New Market Size ATH of $113M (+$3M / +3% WoW) USDC Loans have also reached a new high of ~$30M, growing by +$1M (+5% WoW)
@Dune 3/ Top Assets 🔹 rsETH is now the 3rd largest ETH Eligible Asset on Arbitrum at $77M (+$26M / +51% WoW) 🔹 syrupUSDC Market Cap continues its uptrend, now sitting at $126M (+$17M / +16% WoW) Most of its recent growth can be seen on Morpho.
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