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CoinOtag 2024-06-21 12:36:42

LayerZero Launch Sparks Massive Fee Surge on Arbitrum (ARB)

The launch of LayerZero on June 20 triggered a notable surge in fees on the Arbitrum (ARB) network. The initiative resulted in a groundbreaking revenue spike for Arbitrum, reaching $3.43 million in daily fees. Dune Analytics and DefiLlama data reveal a significant increase in gas fees, creating new records for Arbitrum’s revenue. Discover how LayerZero’s

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