On June 20, 2024, the daily net profit of the Arbitrum Rollup protocol was $3.29 million, according to Dune. The indicator jumped sharply against the backdrop of rising commissions, which, in turn, is due to the paid stamp LayerZero (ZRO).
As you can see in the graph below, the difference with the value of the previous day, June 19, is several thousand percent:
Change in revenue and net profit of the Arbitrum Rollup protocol. Source: Dune Analytics.
The previous revenue jump occurred in December 2023. The growth of the indicator was due to a sharp increase in network activity against the backdrop of the launch of an analogue of “inscriptions”. As a result, this led to a failure in the Arbitrum One network.
The high net profit on June 20 is the result of increased fees on the blockchain mentioned above. The average value of the indicator reached $0.89. Before this, commissions did not exceed $0.1.
Changes in the average commission in different networks. Source: Dune Analytics.
The increase in average commission, in turn, is due to the hallmark of ZRO tokens. The LayerZero Foundation has set a fee of $0.1 for it, which can be deposited in USDT, USDC and Ethereum on various networks, including Arbitrum
Source: Cryptocurrency
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