Arbitrum
ARB Rank #93
Layer 2Ethereum Ecosystem
₹8.79
▼ 2.37%
24h
Market Cap
₹55,910,284,236
24h Volume
₹3,977,114
All-Time High
₹228.46
All-Time Low
₹6.76
Circ. Supply
6,362,841,042
of 10,000,000,000 max
Fully Diluted
₹87,870,000,000
Price Chart
24h Price Range
INR
₹8.67
₹9.06
Overview
About Arbitrum
Arbitrum is a leading layer-2 network built on top of Ethereum, designed to process transactions faster and cheaper while inheriting Ethereum's security. Its token, ARB, is used for governance over the network.
Arbitrum was developed by Offchain Labs, founded by Princeton researchers Ed Felten, Steven Goldfeder, and Harry Kalodner. Felten previously served as a chief technologist at the White House, and the team spent years on the academic research behind Arbitrum before launching its mainnet in 2021.
Arbitrum is an optimistic rollup: it executes transactions off the main Ethereum chain to keep costs low, then posts compressed transaction data back to Ethereum, assuming transactions are valid unless someone submits a fraud proof challenging them within a set window. This inherits Ethereum's security while offering far cheaper and faster transactions.
ARB is the governance token of the Arbitrum DAO, one of the largest DAOs by treasury size, giving holders a vote over protocol upgrades and fund allocation. Arbitrum has become the leading Ethereum layer-2 by activity, hosting a large share of DeFi trading volume that occurs outside Ethereum's base layer.
Key Facts
Market Rank#93
Max Supply10,000,000,000
Circulating6,362,841,042 ARB
SymbolARB
