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EVEDEX Surpasses 80,000 Traders on Arbitrum Network

EVEDEX's user base has grown to over 80,000 traders, showcasing the rising adoption of self-custodial trading on Arbitrum.

EVEDEX's user base has grown to over 80,000 traders, showcasing the rising adoption of self-custodial trading on Arbitrum. Arbitrum (ARB) is trading at $0.1637, down 1.0% since this brief published. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 18:00:06 UTC.

Why it matters

This milestone underscores the increasing demand for decentralized trading solutions and highlights Arbitrum's growing role as a preferred platform for DeFi applications.

Key takeaways
  • EVEDEX has reached over 80,000 traders on Arbitrum.
  • Arbitrum's TVL stands at $3.34B, indicating strong network activity.
  • Self-custodial trading is gaining traction in the DeFi space.

EVEDEX, a decentralized trading platform, has achieved a significant milestone by surpassing 80,000 traders on the Arbitrum network. This growth reflects the rising popularity of self-custodial trading solutions within the DeFi ecosystem.

Arbitrum, the layer-2 scaling solution for Ethereum, has seen its Total Value Locked (TVL) increase to $3.34 billion, according to DeFiLlama. This figure represents a 1.7% rise over the past seven days, indicating sustained activity and interest in the platform.

The growth of EVEDEX on Arbitrum is part of a broader trend of increasing adoption of decentralized trading platforms. These platforms offer users greater control over their assets and transactions, aligning with the core principles of DeFi.

The total cryptocurrency market cap remains stable at $2.69 trillion, with Bitcoin showing a modest 24-hour increase of 0.74%. The Fear & Greed Index currently stands at 34, indicating a 'Fear' sentiment in the market.

Arbitrum's native token, ARB, is trading at $0.165274, with a 24-hour increase of 0.53% and a 7-day decrease of 1.12%. The market cap of ARB is $1.14 billion, reflecting its position as a key player in the layer-2 scaling space.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Arbitrum (ARB) has moved from $0.1653 to $0.1637 — -0.98%.

$0.163$0.164$0.164$0.165$0.166 published · $0.165 now · $0.164 (-0.98%) Nov 1 16:16 UTC Nov 1 18:00 UTC
BeforeSince publishPublished · $0.1653

The chart plots ARB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 ARB ≈ ₦225.47 (about $0.1637), down 0.2% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#70
$0.1637 ▼ 0.18%
-0.98% since this brief published
7d -1.12%MCap $1.13BFull ARB data →
The market when this published · November 1, 2026
Total market cap$2.69T
Bitcoin 24h+0.74%
Ethereum 24h+0.89%
BTC dominance58.4%
Fear & Greed34 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.

Arbitrum TVL$3.34B+1.7% 7dDeFiLlama ↗
Ethereum DeFi TVL$44.22BDeFiLlama ↗
Bitcoin DeFi TVL$6.17BDeFiLlama ↗
Arbitrum DeFi TVL$1.44BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

EVEDEX Surpasses 80,000 Traders on Arbitrum Network — questions & answers

What is EVEDEX's current user base?

EVEDEX has surpassed 80,000 traders on the Arbitrum network.

How much has Arbitrum's TVL increased in the past week?

Arbitrum's TVL has increased by 1.7% over the past seven days.

What is the current market sentiment according to the Fear & Greed Index?

The Fear & Greed Index stands at 34, indicating a 'Fear' sentiment.

How much is 1 Arbitrum worth in naira today?

About ₦225.47 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1637. The naira price moves with both ARB's US-dollar price and the USDT/NGN rate; use our Arbitrum in naira page for any amount.

Has Arbitrum's price moved since this brief was published?

ARB is down 0.98% since this brief first published — trading at $0.1637 now versus $0.1653 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 1, 2026 ⛓ Timestamped at Bitcoin block #974,152 sha256:0d80a88e8038737b
Based on reporting by Coinfomania — this is an original TLT summary with live market data, not the original article.Coinfomania · Nov 1 16:16 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.