Arbitrum: USDG scale on GMX increases to nearly $17 million

TechFlow news, November 6: According to Arbitrum, the USDG scale on GMX increased from about $1.5 million in early October to nearly $17 million, growing approximately 10-fold in less than a month.

Arbitrum said the growth resulted from USDG integration into GM pools and the GMX Dollar Vault, covering trading in BTC, ETH, and SOL markets. The accompanying chart data is attributed to Entropy Advisors.

Source: TechFlow