Modular Capital partner James Ho said on social media that Arbitrum’s annual revenue is more than $100 million, and the current net profit margin is 30-40%. After eip-4844/proto-danksharding, the profit margin will expand to 90- 95%. From this perspective, the annualized fee of ETH is 3-5 billion US dollars, and the Layer 2 market is developing towards an incredibly profitable direction. Optimism is similar, with an annualized fee of about $60 million (roughly half the run rate of ARB) but both chains are currently single sequencers, with neither OP/ARB tokens used to pay for gas nor a clear utility .
Arbitrum has achieved half of the spot dex volume of the ETH mainnet ($16 billion/month vs. $32 billion). The txns/active wallets are the same every day, and it's only a matter of time before L2 completely overtakes ETH in economic activity, with a single L2 costing over $1 billion faster than many think.
Arbitrum has achieved half of the spot dex volume of the ETH mainnet ($16 billion/month vs. $32 billion). The txns/active wallets are the same every day, and it's only a matter of time before L2 completely overtakes ETH in economic activity, with a single L2 costing over $1 billion faster than many think.