One wallet did 67% of all DEX volume on Arc yesterday.
$96.1M. 8,302 trades. 54 tokens.
Net position on every one: ~$0.
It's trading with itself. The "volume" you see on Arc charts mostly isn't people.
Arc has a rug factory.
2,209 tokens in 7 days. Every address ends in …777.
Median lifespan: 4 minutes.
If you aped a "fresh launch" on Arc this week, check the last 3 characters of the address.
One wallet did 67% of all DEX volume on Arc yesterday.
$96.1M. 8,302 trades. 54 tokens.
Net position on every one: ~$0.
It's trading with itself. The "volume" you see on Arc charts mostly isn't people.
Wallet: 0x3f5d6d4a48540fed25d1aa9b63fe55adb25d7dbe
One of its txs has 121 swap events: buy, sell, buy, sell.
explorer.arc.io/tx/0xb31b184…
We strip this out of every chart on onarc.trade
Risk badges are live on onarc.
Open any token. Check the Risk column.
You get the reads traders look for before they buy:
• liquidity pulled
• creator holds the LP
• creator rugged before, and how many times
• wash volume
• one wallet over 50 percent
• top 10 holders
• percent burned
Pulled from chain. Sitting next to market cap. Then trade from the same screen.
Verify it yourself.
Example transaction:
0x2edfb9f1202bd86fccffe15e99a9245ddb316c73ffeb510b056c008d76d97cb2
V4 PoolManager:
0x8366a39cc670b4001a1121b8f6a443a643e40951
So roughly 21 cents buys a fresh price print on 310 pools at once.
This is not fake volume. By value it is close to zero.
What it manufactures is trade counts and last-price prints.
That matters because any Arc tool showing "number of trades", "recently active tokens", or drawing a candle from the last swap is reading this as real market activity.
It is also why some Arc charts show impossible wicks.
The address:
0xbf607513ce1e3890d2a9689c4e8eb4df14da9d8e
It sent only 3 transactions in the whole window.Each one contained exactly 310 swaps across 310 distinct pools, executed atomically.
Arc's V4 pools are native USDC paired, and native USDC is 18 decimals.
5,000,000,000 raw = 0.000000005 USDC per swap. Five nano-dollars.
The whole transaction moves 0.00000155 USDC exactly 310 x 5e-9.
Gas paid for it: 0.21 USDC.
Every one of those 310 swaps carries an identical amount:
amount0 = -5,000,000,000
amount0 = -5,000,000,000
amount0 = -5,000,000,000
310 different pools. Identical to the last digit.
Organic trading does not do that.
87% of Arc's swaps in a 54 second window came from one address.
I pulled 120 consecutive blocks straight from block receipts. 1,065 Uniswap V4 swaps total.
930 of them were one wallet.
The second-most-active wallet in that window made 4.