Arbitrum Layer 2: Record Trading Volume on Uniswap.

Layer 2 rollups are the best way to scale Ethereum at this time. Arbitrum is the leading L2 network with an outstanding 61% market share. Gas continues to spike as #Ethereum Hits a New ATH, forcing more users to migrate to L2. The past 24H Volume on Arbitrum has been an impressive $44.96m. Here are the top 10 traded tokens:

Of all pairs, (ETH/FLUX) 1% pool had largest growth over the past 24 hours. TVL jumped from 10k to 66k today. The 24 hour trading volume grew from 2k to 71k. This is presumably in anticipation of L2 Deflationary Mint Protocol Launch on Nov 18, 2021 where users will be able to Mint ArbiFLUX.

Other close watchers on Arbitrum include $Link (Chainlink) and $DAI (MakerDao). You can stake these tokens on their respective platforms. Based on current market prices, here’s what a yearly return on $5,000 would be for each token:

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