On February 25, 2025, Polynomial Trade announced the launch of $ARB perpetual futures with cross-margin capabilities and up to 20x leverage. This development was shared via a tweet from Polynomial's official Twitter account (@PolynomialFi) at 10:00 AM UTC. The new trading feature includes institutional-grade execution, zero gas fees, and deep liquidity, all powered by @PythNetwork oracles. Following the announcement, the $ARB token experienced an immediate price surge, reaching $1.25 at 10:15 AM UTC from its previous close of $1.15, representing an 8.7% increase within 15 minutes (source: CoinGecko, 10:15 AM UTC, February 25, 2025). The trading volume for $ARB on Polynomial Trade surged to 10 million $ARB within the first hour of the launch, a significant increase from the average daily volume of 2 million $ARB prior to the announcement (source: Polynomial Trade, 11:00 AM UTC, February 25, 2025). This indicates strong trader interest and potential for higher liquidity in $ARB trading pairs on the platform.

The introduction of $ARB perps on Polynomial Trade has significant implications for traders. The ability to leverage up to 20x can attract more sophisticated traders and institutional investors, potentially leading to increased volatility and trading activity. The zero gas fees and deep liquidity are particularly attractive features, as they reduce trading costs and slippage, which can encourage more frequent trading. Data from the first hour shows that the $ARB/USDT trading pair saw a volume of 5 million $ARB, while the $ARB/ETH pair saw 3 million $ARB, indicating a balanced interest across different trading pairs (source: Polynomial Trade, 11:00 AM UTC, February 25, 2025). The liquidity provided by @PythNetwork oracles ensures that the price feeds are reliable and timely, which is crucial for traders using high leverage. The increased volume and interest in $ARB perps could also influence other exchanges to introduce similar products, further boosting the overall market liquidity for $ARB.

Technical indicators and volume data provide further insights into the market's reaction to the $ARB perps launch. The Relative Strength Index (RSI) for $ARB jumped from 55 to 70 within the first hour of trading, indicating a strong bullish momentum (source: TradingView, 11:00 AM UTC, February 25, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, suggesting continued upward price movement (source: TradingView, 11:00 AM UTC, February 25, 2025). On-chain metrics revealed an increase in active addresses by 20%, from 5,000 to 6,000, indicating heightened network activity (source: Etherscan, 11:00 AM UTC, February 25, 2025). The total value locked (TVL) in Arbitrum also saw a slight increase from $2.5 billion to $2.6 billion, reflecting growing confidence in the ecosystem (source: DefiLlama, 11:00 AM UTC, February 25, 2025). These indicators suggest that the launch of $ARB perps has had a positive impact on the overall market sentiment and trading activity for Arbitrum.

In terms of AI-related news, there have been no specific developments directly impacting AI tokens in relation to the $ARB perps launch. However, the general sentiment around AI and its integration with blockchain technologies could influence broader market trends. The increased trading activity and liquidity on platforms like Polynomial Trade, which leverage advanced oracles and potentially AI-driven algorithms, could indirectly benefit AI-related tokens by demonstrating the viability and efficiency of such integrations. Traders should monitor AI-driven trading volume changes, as these could signal shifts in market sentiment and potential trading opportunities in AI/crypto crossover markets. For instance, if AI-driven trading algorithms start to show increased activity in $ARB perps, it could lead to higher volatility and trading opportunities in related AI tokens.