Moons Total Value Locked explodes and heads towards 1M on Camelot DEX just days after launching on Arbitrum One.
| |
Moon Total Value Locked (TVL) has absolutely exploded on Arbitrum One. Just a few days ago the Celer Bridge opened which allowed fast bridging between One and Nova. Since then ARB One liquidity has ballooned and we are now at $851K TVL for Moon/ETH on Camelot DEX. https://app.camelot.exchange/pools/0x5e27A422ec06A57567a843FD65A1BBB06aC19FC0 Back when we were trying to build liquidity on SushiSwap the highest we ever got was $990K before Reddit Sunset their Involvement in the project and our TVL never recovered. That means in just a few days since launching on One we are approaching a new TVL high for a single pool and soon might pass $1M in a single pool (for the first time ever). Our current defi TVL for Moons is as follows:
That means our total TVL across all defi pools is at $1.335M. Moons have never comfortably been over $1M TVL. That means we hit a new high for total TVL on all Defi pools. — For Comparison we were always #1 or #2 for TVL on Sushi because Nova is such an obscure chain. On Arbitrum One for all V3 Camelot pools we currently sit at #27, so we potentially still have a lot of room for our pool to grow. (especially since we almost hit $1M in 3 days) — If anyone is looking to buy/sell Moons on a defi pool they should be looking at Camelot (Arbitrum One) as that pool should have the least total slippage. submitted by /u/GabeSter |
