Arbitrum, a popular Layer 2 solution, offers fast and low-cost transactions and solves scalability issues for Ethereum. Here are the top Arbitrum coins you should know about:
1) GMX (GMX): GMX is a decentralized exchange that offers leverage trading with up to 50x leverage. It has the highest TVL on Arbitrum and uses Chainlink oracles for price predictions.
2) Uniswap (UNI): Uniswap launched on Arbitrum and is one of the eight chains it operates on. It addresses high gas fees and scalability issues. It has the second-highest TVL on Arbitrum and is testing its new V4, which will significantly reduce gas fees.
3) Radiant Capital (RDNT): Radiant is a cross-chain lending protocol available on Arbitrum and the BSC chain. It ranks third in TVL on Arbitrum and offers flexible asset withdrawal. It has a unique dLP utility and a liquidation procedure.
In conclusion, GMX, Uniswap, and Radiant Capital are the top Arbitrum coins in Q3-2023. Keep an eye on these projects for potential opportunities in the crypto space.
Disclaimer: This article is for educational and informational purposes only. It is not financial advice, and investing in cryptocurrencies carries risks. Do your own research and exercise caution when making investment decisions.
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