Bancor 2024: A Year of Sustainable Growth with Carbon DeFi & the Arb Fast Lane

Bancor 2024: A Year of Sustainable Growth with Carbon DeFi & the Arb Fast Lane

Jen Albert

Jen Albert

Jan 20, 2025

Jan 20, 2025

Bancor 2024: A Year of Sustainable Growth with Carbon DeFi & the Arb Fast Lane arbitrage blockchain crypto defi decentralized finance trading liquidity onchain
Bancor 2024: A Year of Sustainable Growth with Carbon DeFi & the Arb Fast Lane arbitrage blockchain crypto defi decentralized finance trading liquidity onchain
Bancor 2024: A Year of Sustainable Growth with Carbon DeFi & the Arb Fast Lane arbitrage blockchain crypto defi decentralized finance trading liquidity onchain





Bancor 2024: At a Glance


Deployments

Carbon DeFi expanded from its Ethereum deployment in 2023 to 11 in 2024 — a remarkable 11x growth.

Arb Fast Lane scaled from its initial deployment on Ethereum to 10 deployments, achieving 10x growth.


Trading Volume

Carbon DeFi’s trading volume increased by over 20x compared to 2023.

Arb Fast Lane recorded even greater growth— over 1,000x compared to 2023.


Trades Executed

The number of trades on Carbon DeFi increased by over 1,000x.

Arb Fast Lane similarly achieved massive growth, with trades increasing by 150 times.



Growth Highlights


Carbon DeFi

New strategies created increased by over 14x.

Unique pairs grew by over 5x their 2023 levels.

Q4 was particularly strong, with 120% month-over-month growth on Ethereum.


Arb Fast Lane

Trades: Executed trades grew by over 150x from 2023.

Ecosystem Expansion: The number of chains grew 9x.

DEX platform integrations surged from 6 in 2023 to 90 in 2024, a 15x increase.


Summary and Vision Forward


Bancor’s 2024 was a year of transformative growth, driven by its strategic pivot to a B2B-focused approach. These achievements highlight the strength of Bancor’s sustainable and scalable business model, laying a solid foundation for future success.

Looking ahead, Bancor plans to build on this momentum in 2025, further expanding its impact and continuing to deliver exceptional value to blockchain ecosystems, token projects, and DeFi users worldwide.


For more on Bancor

Website | Blog | X/Twitter | Analytics | YouTube | Governance

For more on Carbon DeFi

Website | X/Twitter | Licensed Deployments | Analytics | Telegram

For more on the Arb Fast Lane

Website | Analytics

Carbon DeFi and the Arb Fast Lane are products of Bancor and governed by the Bancor DAO.


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Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs

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Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs

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Carbon DeFi is a product of Bancor and isn't affiliated with Carbon - the cross-chain protocol built by Switcheo Labs

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