Arbitrum DEX Swap Volume Crosses $500B and Still Growing

• Arbitrum DEXs have processed over half a trillion in swaps, marking a major milestone in L2 adoption.
• Key contributors include Camelot, Uniswap, and PancakeSwap, showing strong ecosystem collaboration and network growth.

After being touted as the busiest Layer-2 for a long time, Arbitrum has finally hit a round number that has caught the eye of many: over $500 billion in swap volume has been processed by various DEXs on its network.

The massive volume reflects user enthusiasm, the abundant liquidity, and the strength of the various DeFi protocols that are rapidly developing on top of it. From Uniswap, Camelot, PancakeSwap, Ramses, to Fluid—all have contributed to building this ecosystem.

Over half a trillion dollars in swaps have been processed by DEX’s on Arbitrum!

A huge milestone that wouldn’t be possible without projects such as @CamelotDEX, @Uniswap, @0xfluid, @PancakeSwap, @RamsesExchange and many more.

DeFi Everywhere. Arbitrum Everywhere. pic.twitter.com/hoazSltQQL

— Arbitrum (@arbitrum) July 3, 2025

It is undeniable that the half-trillion-dollar figure gives Arbitrum a position that is increasingly difficult for other L2s to catch up to. Moreover, if you look at the data for the last 24 hours, the DEX swap volume on this network is still in the range of $180 million–$205 million.

Not only that, its derivatives activity is also stable, with daily volume reaching $546 million to $746 million. For an ecosystem that was once considered “just an Ethereum alternative,” this achievement is worthy of being called extraordinary.

Arbitrum Rethinks Speed and User Experience

On the other hand, CNF previously reported that Arbitrum has integrated Hive—a platform that enables real-time blockchain data access with natural language-based queries. The presence of Hive reinforces Arbitrum’s ambition to make Web3 smarter and more open to AI-based applications. This means that it’s not only developer-friendly, but also promises a more user-friendly experience.

Meanwhile, in early April, Arbitrum introduced “Operation Slowmo,” a rather unusual technical move: slowing down block times by up to 20 times. This move doesn’t slow down the system, but rather gives users some “breathing” room before making transactions. It’s a way to make the blockchain feel more human—in the sense that it’s not as rushed as it usually is.

And if we go back a bit to May, we also noted that Arbitrum has surpassed $1.5 billion in cumulative volume on Uniswap v4 alone. At that time, several things were driving the ecosystem: the launch of the Elumia game, the ApeChain initiative, and new investments in treasury tokenization. All of this confirms one thing—Arbitrum’s expansion is no longer just about speed and low fees, but also about functional diversity.

TVL Holds Steady, While Token Takes a Hit

Not only that, in terms of total value locked (TVL), Arbitrum also remains comfortable in the range of $2.4 billion to $2.5 billion. Wallet activity is also no less active—with more than one million unique wallets recorded as active on this network. This figure explains why major protocols still choose Arbitrum as a place to anchor.

However, amidst all this excitement, its native token, ARB, is not in a cheerful mood. At the time of writing, its price is around $0.3286, down 5.77% in the last 24 hours.

This correction largely follows the negative trend that has occurred in the main crypto market, so it is not really surprising. Although the token price is currently tumbling, the Arbitrum network clearly shows no signs of abating.