Circle's Arc Mainnet Sees $410 Million in First-Day DEX Volume

Circle's new Layer 1 blockchain, Arc, recorded $410.82 million in decentralized exchange (DEX) volume on its mainnet launch day, September 16. Approximately 82% of this volume was driven by meme coin launchpad activity, with 97,025 tokens issued, including 83,751 via Arguspad. While Arc is designed for financial services like payments and RWA, early activity mirrors trends seen on other financial-focused chains like Robinhood Chain.