Arc mainnet has been live for five days: some launchpad revenues are still under $1

On the fifth day since the mainnet launched, Arc has several meme launchpads with 24-hour protocol revenue still under $1—UBI.fun, Sashimi.fun, and CircleWarp are all in this ballpark, and many others are simply 0.

The numbers from DefiLlama are pretty jarring: Solon leads with only around $500, while ARK Launch and Tolly are at a little over $100. On-chain DEX volume has dropped from a peak of about $131 million on September 17 to about $41 million on the 20th. As for Circle’s stablecoin bridge to L1, since September 16 the first batch of validators are labeled with names like BlackRock and Visa, but on the launchpad side, none of that has been replicated the way Robinhood Chain exploded. With ARC genesis minting 10 billion tokens and 60% allocated to the ecosystem, market expectations for airdrops are more about payment/FX partnership collaborators—not degen fuel to hype you into a pump.

Mainnet going live ≠ the launchpad having transactions. Before you rush into the revenue rankings, first make sure it’s actually profitable.