Circle's Arc blockchain TVL reaches $494 million 10 days after mainnet launch

  • Circle's Arc blockchain reached $494 million in decentralized-finance total value locked.
  • Arc's TVL increased 44.52% during the past week.
  • The milestone came 10 days after Arc's mainnet launch.

Circle's Arc blockchain reached $494 million in decentralized-finance total value locked (TVL) 10 days after its mainnet launch, according to the new report. TVL rose 44.52% over the past week, exceeding the previously reported $472 million level. The metric tracks assets deposited in decentralized-finance applications and is commonly used to gauge activity and capital across a blockchain ecosystem.

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