▪ CrossFi Literally: Cross Finance The technology is named because of the interaction of classic banking services with blockchain advances.
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🟩 Arbitrum Key Performances According to data from DefiLlama, Arbitrum has a TVL of $1.4 billion US dollars. It is the fifth largest of any L1 or L2 and records a market share of 3% of TVL across all chains. Arbitrum’s market share has increased significantly over the past year, up from 1% among all chains a year ago. This increase is partially due to the growth of applications in the Arbitrum ecosystem, such as the GMX perpetual exchange.
🟩 Arbitrum Key Performances In the last quarter of 2022, Arbitrum recorded an average of 614.279 Monthly Active Addresses (MAA), a growth of 81.3% over the previous quarter, and an increase of 728.7% from a year earlier. Overall, despite the risk of network centralization, Arbitrum has a fairly strong foundation and is expected to continue its growth this year.