DRIP Week 8 Highlights!
Two months in and we're still seeing Lending Protocols and Assets continue to grow and hitting new milestones on @arbitrum!
Study the DRIP effect ✍️

1/ Program Overview
🔹 Combined Market Size of @arbitrum Lending Protocols has now reclaimed its high of ~$3.4B
🔹 Total ETH Loans have reached a new ATH of ~140K ETH
🔹 Market Cap of yield-bearing USD Eligible Assets briefly crossed $600M this week, marking a new ATH

2/ Protocol Highlights
🔹 Total Borrowed Market Size on @eulerfinance made a new ATH of ~$78M this week - a 2.5x increase since the launch of DRIP
🔹 Most of this growth can be attributed to USDC, which now makes up over 90% of Euler's Borrowed Market Size

3/ Asset Highlights
🔹 New Market Cap ATHs:
- @renzo's ezETH: $60M, +$24M / +66% WoW
- @Theo_Network's thBILL: $126M, +$29M / +30% WoW
- @KelpDAO's rsETH at $100M, +$8M / +7% WoW
🔹 GHO circulating supply on Arbitrum has also made a new ATH of ~$8M

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