Arbitrum 24-Hour DEX Trading Volume Surpasses Ethereum, Reaching $1.83 Billion

According to DeFillama data, in the past 24 hours, the Layer-2 scaling solution Arbitrum has surpassed Ethereum in decentralized exchange (DEX) trading volume. The latest data indicates that Arbitrum's 24-hour trading volume has reached $1.83 billion, showing a week-over-week growth of 32.58%. This significant surge positions Arbitrum at 33.40% of the total DEX trading volume, surpassing Ethereum and claiming the top spot. Ethereum, on the other hand, experienced a 4.77% decrease in 24-hour trading volume to $1.44 billion.