Arbitrum One Generated More Than $400,000 in Priority-Fee Revenue This Week

Arbitrum One generated more than $400,000 in priority-fee revenue this week, while transactions across Arbitrum exceeded 35 million during the same week, as Arbitrum launched a mentorship initiative for early-stage decentralized finance projects.

Arbitrum One is an Ethereum layer-2 network designed to speed up transactions and reduce fees.

The transaction count covers Arbitrum broadly, while the revenue figure is for Arbitrum One.

Arbitrum’s Mentorship Program aims to support early-stage decentralized finance (DeFi) projects with product development, go-to-market strategies and fundraising.

Simon Yoon

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to [email protected].