Arc activity explodes after launch. Circle launched mainnet for its Arc L2 blockchain on September 16, and it is already one of the most active blockchains in the space. According to DefiLlama, the network has already reached nearly $200M in DEX volumes. Its stablecoin market cap also stands at... some $645M, making it the 17th largest stablecoin network after two days.show more

@circle @arc Arc is moving fast early activity like this gives builders a lot more to work with THEARCASH $ARCASH is one I’m watching too, building an on-chain banking economy and persistent city around the growing Arc ecosystem.

@circle @arc Arc is an L2, come on? Educate your staff.

@circle @arc L2?????

@circle @arc L2 how??? Arc uses USDC as native gas fee Arc is an L1 project not L2 This may be worth revisiting for clarification.

@circle @arc us after hearing @arc is a l2

@circle @arc

@circle @arc Lol it's not L2 it's L1 😂🤣

@circle @arc The rapid rise of Arc since its mainnet launch is impressive. Nearly $200M in DEX volumes already speaks volumes about its potential in the blockchain space.

@circle @arc Building on Arc 🐂

@circle @arc Going death

@circle @arc watching this closely, interesting growth

@circle @arc Two days in and Arc is already putting up these numbers. The stablecoin activity is probably the part worth watching closely.

@circle @arc Arc’s early activity is notable, especially the rapid stablecoin growth. @DigiMaaya is watching whether this momentum translates into sustained onchain usage.

@circle @arc Arc’s launch fuels ArcticAnimals’ frosty herd debut

@circle @arc Nice growth

@circle @arc more details on the mainnet launch here

@circle @arc BingX is also running a 200,000 USDC campaign around Circle assets, so there’s quite a bit happening around the launch.

@circle @arc Arc is wasting no time.

@circle @arc All $645M of that stablecoin market cap arrived over a bridge. A network two days old has no record of what its exits look like under stress. We plan routes assuming the way back is the thin side. Volumes tell you people came in, not that they can leave.

@circle @arc $200M DEX volume proves Arc L2 is already capturing real liquidity.

how is the volume split across DEXes so far, and is there one pool pair dominating it? we see this pattern a lot with new L2s. One stablecoin pair does 90% of the volume in week one, then it either diversifies or it doesn't. that ratio tells you whether the activity is organic or just liquidity mining. for Mission it matters because the more real the volume is, the easier it is to set bounties around on-chain activity targets without the criteria being gamed.

@circle @arc The Arc ecosystem is filling out quickly. Happy to support the entry side at WheelX and make multichain liquidity easier to reach.

@circle @arc Arc chain is layer 1 lol

@circle @arc Arc is getting serious attention fast And that $200K USDC BingX campaign adds even more eyes to the launch.

@circle @arc 17th by stablecoin mcap on day two is a fast start

@circle @arc Arc has less volume than Polygon...let that sink in

@circle @arc two days in and arc is already putting up serious numbers

@circle @arc DEX volume on a payments chain tells you liquidity showed up, not that anyone paid for anything. The $645M of float is the number I would watch, and only if it is still there in a month. Day two liquidity is rented.

@circle @arc Arc died on the first day of launch 🤣

@circle @arc Arc is L1

@circle @arc Who’s the farmer lol What’s L2???