Arbitrum just hit a new milestone in perpetuals trading. September recorded $65.1B in Arbitrum perps volume, making it the network’s strongest month on record. Q3 reached $132B, the second-highest quarterly total in Arbitrum’s history. the concentration is notable. Variational generated 86% of that Q3 volume, making it the main driver behind Arbitrum’s derivatives growth. Variational’s own activity has also expanded rapidly, with $65.8B in 30-day perp volume and more than $1.1B in open interest currently tracked by DeFiLlama. Arbitrum is becoming a much larger venue for onchain derivatives. $132B in quarterly perps volume is a number worth tracking. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Bullish $BTC $XRP