Arbitrum's daily revenue surged to a record $3.43 million on June 20, driven by the mandatory donations for the LayerZero airdrop. This significant increase in transactions led to network congestion and higher gas fees. As a result, Arbitrum's net profit reached $3.29 million, marking a new high for a single day. The revenue spike represents a dramatic increase from just $20,000 the previous day, highlighting the impact of the LayerZero token claims on the network's financial performance. The daily revenue increased by over 16,000%.
Arbitrum's daily revenue skyrocketed to over $3 million on June 20 amid surge in transactions related to the LayerZero airdrop https://t.co/bQ8w2Fi7Yy
Daily revenue on Arbitrum surged by over 16,000% after the launch of LayerZero https://t.co/7ttE0G5Hin
[DUNE] Amid #LayerZero token claims, #Arbitrum saw its revenue surge to $3.4 million on June 20, up from just $20,000 the previous day $ARB https://t.co/VenFOtp2oT
Arbitrum's daily revenue soared to record $3.4 million amid LayerZero token claims https://t.co/nXlQIBRUEC
UPDATE: ARBITRUM ROLLUP REVENUE HIT A RECORD $3.43M ON JUNE 20, NET PROFIT SOARED TO $3.29M DUE TO LAYERZERO AIRDROP DONATION REQUIREMENT
Due to the mandatory donations for the LayerZero airdrop, which caused Arbitrum congestion and pushed up the network gas fee, on June 20, Arbitrum rollup revenue reached $3.43 million and net profit was $3.29 million, setting a record high for a single day. After the LayerZero…