Arbitrum price
ARB
ARB

Arbitrum price

$0.54360
-$0.00550
(-1.01%)
Price change from 00:00 UTC until now
USDUSD
USD
1h
24h
1W
1M
1Y
2Y
How are you feeling about ARB today?
Share your sentiments here by giving a thumbs up if you’re feeling bullish or thumbs down if you’re feeling bearish.
Vote to view results
Market info
About
News
Related crypto
Socials
FAQ

Arbitrum market info

Market cap
Market cap is calculated by multiplying the circulating supply with its latest price. Market cap = Circulating supply × Last price
Circulating supply
The amount of this crypto that is publicly available in the market
Market cap ranking
The asset’s ranking in terms of market cap value
All-time high
The historically highest price an asset has reached during its trading history
Market cap
$1.97B
Circulating supply
3,617,088,312 ARB
Market cap ranking
37
24h high
$0.57330
24h low
$0.54350
All-time high
$2.4053

ARB calculator

USDUSD
ARBARB

Arbitrum price performance in USD

The current price of Arbitrum is $0.54360. Since 00:00 UTC, Arbitrum has decreased by -1.00%. It currently has a circulating supply of 3,617,088,312 ARB and a maximum supply of 10,000,000,000 ARB, giving it a fully diluted market cap of $1.97B. At present, Arbitrum holds the 37 position in market cap rankings. The Arbitrum/USD price is updated in real-time.
Today
-$0.00550
-1.01%
7 days
-$0.07420
-12.02%
30 days
$0.038600
+7.64%
3 months
-$0.17040
-23.87%

About Arbitrum (ARB)

4.0/5
CyberScope
4.4
10/08/2024
TokenInsight
3.5
08/06/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
Show more

Arbitrum has emerged as a leading Ethereum scaling solution, garnering significant attention even before its airdrop in March 2023. Its utility as a layer-two scaling solution for the Ethereum network has been pivotal in establishing its prominence within the broader cryptocurrency ecosystem.

What is Arbitrum?

Arbitrum is a Layer 2 blockchain protocol specifically developed to enhance the scalability of the Ethereum network. Arbitrum aims to increase transaction throughput on Ethereum by employing optimistic roll-ups while maintaining its security and decentralization. It provides a seamless migration path for developers to transition their applications from the Layer 1 Ethereum protocol to the Layer 2 Arbitrum protocol.

Offchain Labs created the protocol, and its Mainnet was launched in 2021. In March 2023, the Arbitrum Foundation introduced ARB as the native token of the Arbitrum ecosystem. This marked an important milestone in the project's evolution and further solidified its role in the crypto space.

The Arbitrum team

The Arbitrum team comprises Ed Felten, Steven Goldfeder, and Harry Kalodner, previously researchers at Princeton University. Ed Felten, a Professor of Computer Science, brings his expertise to the project, while Steven Goldfeder and Harry Kalodner hold Ph.D. degrees in Computer Science. Together, they form a skilled and knowledgeable team driving the development and innovation behind Arbitrum.

How does Arbitrum work?

The Arbitrum network utilizes optimistic roll-ups to scale the Ethereum network. While the Ethereum blockchain can handle only 15-30 transactions per second (TPS), roll-ups can increase transaction speed by up to 85 times.

Optimistic roll-ups aggregate transactions and process them off-chain in batches rather than individually on-chain. These transactions are then verified in batches and with reduced frequency on the blockchain.

To illustrate, think of optimistic roll-ups as grouping multiple transactions, similar to picking up all the items you need from a supermarket in one go rather than paying for each item separately.

In contrast, the traditional Ethereum network processes transactions one by one, like paying for each item individually at the store. Arbitrum's protocol, leveraging optimistic roll-ups, enables transactions to be rolled-up and processed in batches, thus enhancing scalability and efficiency.

Arbitrum’s native token: ARB

ARB is an ERC-20 token that functions as the governance token within the Arbitrum ecosystem. ARB Holders can vote on proposals put forth in the decentralized autonomous organization (DAO), either in favor or against them.

Tokenomics

ARB has a total supply of 10 billion tokens, with a circulating supply of 1.275 billion tokens. During the viral airdrop on March 23, 2023, the Arbitrum Foundation distributed 12.75% of the total ARB supply to users and DAOs.

Staking ARB tokens

ARB tokens can be staked on various decentralized exchanges (DEXs), allowing users to earn rewards from the fees generated by the liquidity pool. The longer the ARB tokens are staked or locked, the higher the potential rewards for the user.

Additionally, centralized exchanges (CEXs) like OKX provide staking services for ARB through their OKX Earn. Users can earn a flexible 1 percent annual percentage yield (APY) on their staked ARB tokens.

Arbitrum’s use cases

Arbitrum's use cases primarily revolve around its governance functionality. As the native governance token of the ecosystem, ARB is designed for voting on proposals and decisions within the Arbitrum network. Additionally, ARB can be staked to earn rewards and serve as a store of value for users within the ecosystem. It's important to note that ARB is not utilized as gas fees for transactions on the network

ARB Token distribution

The supply distribution of ARB is as follows:

  • Arbitrum DAO treasury: 42.78%
  • Offchain Labs teams and advisors: 26.94%
  • Investors: 17.53%
  • Airdrop to users: 11.62%
  • Airdrop to DAOs: 1.13%

Arbitrum’s future vision

Arbitrum's future vision is centered around achieving progressive decentralization. While the Arbitrum Foundation currently holds most of the decision-making power in the ecosystem, the goal is to transition towards a more decentralized governance model as the Arbitrum ecosystem expands and more web3 users engage with the network.

In the meantime, ARB token holders can actively participate in voting for improvement proposals, ensuring a level of community involvement.

Furthermore, Arbitrum has plans to launch a Layer 3 DApp shortly.

This layer-three solution, called Orbit, will allow developers to deploy programs using popular programming languages such as Rust and C++.

Show more
Show less

Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 6K new posts about Arbitrum, driven by 1.5K contributors, and total online engagement reached 2.5M social interactions. The sentiment score for Arbitrum currently stands at 92%. Compared to all cryptocurrencies, post volume for Arbitrum currently ranks at 933. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Arbitrum.
Powered by LunarCrush
Posts
5,976
Contributors
1,483
Interactions
2,459,404
Sentiment
92%
Volume rank
#933

X

Posts
5,438
Interactions
1,713,730
Sentiment
93%

ARB FAQ

Who are the founders of Arbitrum?

Offchain Labs, the creator of the Arbitrum protocol, was founded by Ed Felten, Steven Goldfeder, and Harry Kalodner. These founders bring extensive computer science and blockchain technology expertise accumulated through years of experience in the computer and tech industry. Their collective knowledge and innovative approach have been instrumental in the development and success of the Arbitrum project.

How does Arbitrum improve scalability?

Arbitrum improves scalability by implementing Optimistic Roll-ups, a technology that allows transactions to be processed off-chain. Transactions are bundled together and verified on-chain in batches, significantly increasing Ethereum's throughput. With Optimistic Roll-ups, Arbitrum has the potential to achieve transaction speeds of up to 4800 transactions per second (TPS), greatly enhancing the scalability of the Ethereum network.

How do I buy and store Arbitrum?

Easily buy ARB tokens on the OKX TR cryptocurrency platform. An available trading pair in the OKX TR spot trading terminal is ARB/USDT.

How much is Arbitrum worth today?
Currently, one Arbitrum is worth $0.54360. For answers and insight into Arbitrum's price action, you're in the right place. Explore the latest Arbitrum charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Arbitrum, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Arbitrum have been created as well.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
Show more

ARB calculator

USDUSD
ARBARB