One of the most overlooked indicators of ecosystem health is developer robustness. This refers to how active + diverse the building scene is. Even with the rise of new stacks/superchains, @arbitrum continues to lead where it matters: 🔸 987 protocols launched → #3 overall after BSC 🔸 398 sub-ecosystems 🔸 10,505 repos + 1,213 weekly commits, topping the L2 landscape These metrics point to Arbitrum’s long-term staying power as a steady-state ecosystem. When development remains this strong, quality dApps follow and Arbitrum’s blue-chip stack shows it: 💠 Lending: @aave @MorphoLabs @0xfluid @eulerfinance @Dolomite_io (~$3.02B → 55.7 % of DeFi TVL) 💠 Spot DEX: @Uniswap @CurveFinance (~$850M liquidity) 💠 Yield tokenisation: @pendle_fi (~$450M) 💠 Perp DEX: OG P2E @GMX_IO (~$442M) 💠 Innovative (value discovery) YBS layer: @USDai_Official ( $USDai / $sUSDai with ~$582M TVL) It's clear that strong development dynamics propagates an ecosystem flywheel that further compounds ecosystem wide growth: Robust builders → robust apps → resilient ecosystem. It’s the simplest, yet most powerful playbook for sustainable growth imo.

h/t @DefiLlama & @artemis for the data references