Arbitrum Bridge ($ARB ) 24-hour TVL +99.38%, currently $3.571 billion.
First, what this figure means: TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, and fluctuations in token prices. It rose by $1.78 billion in 24 hours, but this figure alone doesn’t tell us whether that was due to new deposits or rising prices.
Meanwhile, the token is up 6.48%. The increase in locked value exceeded the token’s price gain, so it wasn’t driven by price alone. What’s your take in one sentence?
#ARB
First, what this figure means: TVL is the total dollar value of assets locked in a protocol. It changes with both deposits and withdrawals, and fluctuations in token prices. It rose by $1.78 billion in 24 hours, but this figure alone doesn’t tell us whether that was due to new deposits or rising prices.
Meanwhile, the token is up 6.48%. The increase in locked value exceeded the token’s price gain, so it wasn’t driven by price alone. What’s your take in one sentence?
#ARB