Arc Mainnet Launches with Record-Breaking Memecoin Activity

The Arc mainnet launched on September 16 and saw an impressive $410.8 million in DEX volume and 7,763,670 transactions on its first day. The majority of this activity came from memecoin launchpads, which accounted for $336.3 million or roughly 82% of the total trading volume.

A single launchpad called arguspad.io dominated the scene, contributing close to half of the chain's volume with $202.35 million in trades. This is more than double the amount seen on pump.fun's best day on record.

When excluding the launchpads, Arc still managed a respectable $74.6 million in non-launchpad volume, which is tied to the network's core features such as USDC-denominated settlement and tokenized collateral.