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Here comes Week 5 of DRIP Highlights!
Your 2 minute data digest on how DRIP is affecting @arbitrum 👇
1/ Overall Ecosystem Highlights
🔹 TVS has now crossed $20B, sitting at $20.7B, up ~4% WoW
🔹 Combined Market Cap of yield-bearing USD Eligible Assets (excluding USDai and USDe) have reached a new high of $514M (+$15M / +3% WoW)
🔹 DEX Liquidity of USD Eligible Assets have crossed $100M for the first time, with a new ATH of $112M (+$18M / +19% WoW)
🔹 Growth this week was lead by @USDai_Official's sUSDai, up +$18M (84% WoW)
USDC Borrows up 6% WoW to $569M across Lending Markets on Arbitrum
2/ Protocol Highlights
🔹 @MorphoLabs: New Market Size ATH of $412M (+$100M / +32%)
Most of the growth came from @USDC - Market Size up +$51M (+36%), most of which went into USDC loans
🔹 @0xfluid: New Market Size ATH of $376M (+13% WoW)
Driven primarily by USDC - Market Size up +$21M WoW, most of which was not borrowed
3/ Asset Highlights
🔹 thBILL Market Cap has reached an ATH of $100M (+$12M / +14% WoW)
🔹 syrupUSDC Market Cap has also reached a new ATH of $86M (+$16M / +24% WoW)
🔹 sUSDC Market Cap now sits at ~$52M (+$5M / 11% WoW)



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