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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
In the thriving ecosystem of Arbitrum (ARB), projects like MAGIC and GMX each demonstrate unique advantages in different areas, collectively driving the diversified development of the ecosystem.
MAGIC, as the core of the TreasureDAO ecosystem, is opening up new frontiers in the Web3 gaming field. It not only provides strong infrastructure support for game developers but is also committed to achieving interoperability of cross-game assets, a groundbreaking concept that is attracting increasing attention. MAGIC has a wide range of application scenarios, covering in-game transactions, NFT markets, decentralized exchanges, and ecological governance. It is worth noting that MAGIC adopts a halving inflation model each year, with a total supply of 350 million tokens. As the popularity of blockchain games continues to rise, MAGIC's user base has exceeded 450,000, and its trading volume shows a steady growth trend, highlighting its important position in the Arbitrum gaming ecosystem.
At the same time, GMX has shown outstanding performance in the decentralized perpetual contract trading space. As a standout in the Arbitrum ecosystem, GMX's total value locked (TVL) has exceeded $465 million, accounting for 27.65% of the entire ecosystem, demonstrating strong market appeal and user trust.
In addition to the leading projects MAGIC and GMX, the Arbitrum ecosystem has also emerged with many excellent innovative projects. For example, the governance token GRAIL of Camelot DEX and the governance token RDNT of the cross-chain lending protocol Radiant Capital, both play a pivotal role in their respective niches, collectively constructing a diverse ecological landscape for Arbitrum.
This diversified development pattern not only reflects the vitality and potential of the Arbitrum ecosystem but also provides users with more diverse choices and opportunities. As various projects continue to innovate and optimize, Arbitrum is expected to occupy a more important position in the future blockchain competition.