Arbitrum (ARB) Price Update
The current price of Arbitrum (ARB) is $0.3285**, with a 24-hour trading volume of **$169,498,008. Over the past day, ARB's price has decreased by 8.32%. Key metrics:
- Circulating Supply: 4.963 billion ARB
- Total Supply: 10 billion ARB
- Circulation Rate: 49.63%
- Market Cap: $1,630,423,780
Arbitrum Blockchain Explorers
For on-chain data verification:
What Is Arbitrum (ARB)?
Arbitrum is a Layer-2 scaling solution designed to enhance Ethereum's performance by reducing congestion and lowering transaction fees. Developed by Offchain Labs, it utilizes Optimistic Rollup technology with multi-round interactive fraud proofs.
Key Components:
- Arbitrum One: Primary Rollup network launched in 2021
- Arbitrum Nova: AnyTrust-based chain for ultra-low-cost transactions
- Nitro Upgrade (2022): Improved scalability by 7โ10x
ARB Tokenomics
Governance & Utility
- Purpose: $ARB is a governance token enabling voting on Arbitrum DAO proposals.
- Delegation: Holders may delegate voting rights to representatives.
Token Distribution
| Category | Allocation (%) | Tokens (Billions) |
|---|---|---|
| DAO Treasury | 42.78 | 4.278 |
| Team & Advisors | 26.94 | 2.694 |
| Investors | 17.53 | 1.753 |
| User Airdrop | 11.62 | 1.162 |
| DAO Airdrop | 1.13 | 0.113 |
How Arbitrum Works
Core Technology
- Optimistic Rollup: Bundles transactions off-chain and submits compressed data to Ethereum L1.
- Fraud Proofs: Challenges invalid transactions during a dispute window.
๐ Discover how Arbitrum compares to other Layer-2 solutions
Unique Features
- EVM Compatibility: Supports Ethereum smart contracts.
- Low Fees: Transactions cost fractions of L1 gas fees.
- Self-Custody: Users retain control of assets.
Arbitrum vs. Competitors
| Feature | Arbitrum | Optimism |
|---|---|---|
| Fraud Proof Type | Multi-round interactive | Single-round |
| EVM Compatibility | Full | Full |
| Launch Year | 2021 | 2021 |
Arbitrum Ecosystem
Social Channels
- Twitter: @Arbitrum
- Discord: Arbitrum Community
- Telegram: Official Group
Contract Addresses
- Ethereum:
0xB507...4ad1 - Arbitrum One:
0x912...6548
FAQ
What was Arbitrum's all-time high price?
ARB peaked at $11.46 on March 23, 2023.
Where can I buy Arbitrum (ARB)?
Major exchanges like Binance, OKX, and KuCoin support ARB trading.
Is Arbitrum a good long-term investment?
Crypto investments carry high risk. Evaluate Arbitrum's tokenomics, team, and market conditions before deciding.
๐ Learn about staking ARB tokens
Which platforms allow shorting ARB?
Margin trading is available on:
- KuCoin
- OKX
- Binance
Note: Shorting cryptocurrencies involves significant risk.