GMX and Treatment Lead Share in Arbitrum Ecological Agreement based on Nansen Data

03/17/2023 06:24 • Crypto & Markets • 75 views

According to Nansen data, in the Arbitrum ecological agreement, GMX ranks first with a total transaction and contract log share of 22%, while Treatment ranks second with a 19% share. Sushiswap and Uniswap are ranked from 3 to 5 bits by Hope.

Data: Arbitrum ranks first in terms of the share of total transaction and contract logs in the ecosystem by GMX

Analysis based on this information:

Recently, based on Nansen data, the Arbitrum ecological agreement reports that GMX ranks first among the top participants with a total transaction and contract log share of 22%. This is an astonishing statistic for a relatively new platform that is starting to be quite popular among crypto traders. According to the Nansen report, GMX is followed closely by Treatment, which holds the second position, enjoying a share of approximately 19%.

It is remarkable how these two platforms are leading the ecological agreement, primarily because the agreement has brought together many platforms to enhance collaboration for easy access to the users. GMX is a crypto-currency exchange platform that uses fiat money and allows trades of BTC, ETH, and USDT. Treatment is designed to provide a decentralized bridge between servers that enables the exchange of data between different systems securely. It also offers decentralized storage facilities for easy storage and retrieval of documents.

On the other hand, Sushiswap, another relatively new platform for decentralized exchanges, comes in third position with a share of approximately 14%. Sushiswap has grown steadily in popularity in the decentralized market, enabling users to trade ERC20 tokens on its platform. It also provides avid liquidity providers with a range of integrating profit strategies, such as revenue shares, staking, and referral bonuses.

Uniswap follows closely with a 12% share, a platform that has become increasingly popular for only being in existence for three years. With most people seeking innovative ways to invest their money, Uniswap has provided a platform where users can trade Ethereum based tokens. It offers a straightforward platform with no intermediaries trading fees and no order book hence increasing its popularity among traders.

In conclusion, from the Nansen data report, GMX and Treatment were leading platforms in the Arbitrum ecological agreement, attaining the first and second positions, with 22% and 19% shares, respectively. Sushiswap and Uniswap are ranked third and fifth, with approximately 14% and 12% shares, respectively, indicating that the decentralized finance ecosystem is growing and evolving with diverse platforms catering to the needs of different investors.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/6453.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.