• Arbitrum’s weekly derivatives transaction volume reached an all-time high in the last week.
• ARB’s value increased in the last month, but investors’ profits continued to drop.

The weekly transaction volume of the derivatives protocols housed within leading Layer 2 network (L2) Arbitrum [ARB] climbed to an all-time high of $18 billion in the last week, data from DefiLlama showed.

According to the data provider, this marked a 17% uptick in derivatives volume on Arbitrum within a seven-day period, surpassing the $9 billion that Ethereum [ETH] recorded during the same window period.