Arbitrum Bridge ($ARB ) 24-hour TVL: +99.38%, now at $3.571 billion.
First, what does this metric mean? TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, as well as fluctuations in asset prices. It rose by $1.78 billion in 24 hours, but that figure alone doesn’t tell us whether the increase came from new deposits or rising prices.
The token rose by 6.48% over the same period, while TVL grew by more than the token price—so it wasn’t just driven by the token’s price. What reasons do you see to be bullish or bearish?
#ARB
Just my personal observations, not investment advice.
First, what does this metric mean? TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, as well as fluctuations in asset prices. It rose by $1.78 billion in 24 hours, but that figure alone doesn’t tell us whether the increase came from new deposits or rising prices.
The token rose by 6.48% over the same period, while TVL grew by more than the token price—so it wasn’t just driven by the token’s price. What reasons do you see to be bullish or bearish?
#ARB
Just my personal observations, not investment advice.