Maker tweeted that DAI/USDC is now the most liquid trading pair on Uniswap V3, with a TVL of $1.658 billion. Much of this liquidity comes from Arrakis Finance, which has accumulated $1.648 billion in DAI/USDC LPs TVL from Uniswap V3, or about 99%.
Additionally, about 99.9% of all DAI/USDC liquidity from Arrakis Finance is available in the Maker protocol. Through this leveraging strategy, 1.61 billion DAI has been minted, which is now one of the largest stablecoin revenue strategies in DeFi.
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