Arbitrum ecosystem expands with tokenized funds reaching $800M+ market cap, tokenized stocks launching, perps volume surging to $339B, and privacy-enabled payments going live.
DeFi & Yields ·
Tokenized funds on Arbitrum One have surpassed $800M in market capitalization, with growth driven by protocols including Spiko Finance, USDai, FTDA US, and WisdomTree. Separately, tokenized stocks launched via Bitget Wallet now trade on the network, including rTokens tied to equities like Apple and S&P 500 exposure, with 1,700 additional instruments available through request-for-quote mechanisms. These developments reflect expansion across multiple asset classes seeking onchain liquidity and DeFi composability.
Derivatives activity on the chain has accelerated notably: a single perpetuals protocol reached $339B in cumulative volume and $1.5B in 24-hour trading, ranking among the top three platforms for onchain derivatives. Separately, Robinhood Chain, a related network, logged 750M transactions and $60B in cumulative decentralized exchange volume. Payment infrastructure also grew, with privacy-enabled stablecoin transfers now available via Stabletrust Pay and euro-denominated payments enabled for users in Brazil.
The Arbitrum Foundation is promoting developer participation through Founder House Singapore, offering $300K in prizes and grants to builders launching products onchain. A public beta for a collectibles trading application also went live. What remains unclear is whether these metrics represent sustainable momentum or concentrated growth within a limited set of protocols, and the extent to which tokenized-asset trading volumes reflect institutional or retail participation.