About Arbitrum
ARB is the utility token of Arbitrum, an Ethereum layer-2 network. ARB functions as the governance token of the Arbitrum DAO, as holders may create and vote on governance proposals.
Buy Arbitrum
Trading Insights
Buyer Ratio
Traders
1.1K
-34.06%
Buyers
827
-35.34%
Sellers
374
-32.85%
Searched
2.2K
Market Stats
Market Cap
£1.86B
6.26%
FDV
£3.61B
Circ. Supply
5.2B ARB
Max Supply
10B ARB
Total Supply
10B ARB
Diluted Valuation
£3.61B
Performance
Popularity
#45
Dominance
0.07%
Volume (24H)
£274.94M
-42.2%
Volume (7D)
£1.82B
Volume (30D)
£12.49B
All time high
£1.79
Price Change (1Y)
-39.46%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Arbitrum has increased by 0.32% in the last hour and increased by 6.30% in the past 24 hours. Arbitrum’s price has also risen by 18.70% in the past week. The current price is £0.36 per ARB with a 24-hour trading volume of £274.94M. Currently, Arbitrum is valued at 79.83% below its all time high of £1.79. This all-time high was the highest price paid for Arbitrum since its launch.
The current circulating supply of Arbitrum is 5,150,239,630 ARB which means that Arbitrum has as total market cap of £1,860,842,795.59.
Market details
ARB vs markets
↘ 62.72%
ARB vs BTC
↘ 65.03%
ARB vs ETH
↘ 42.24%
Tags
scaling
dao
dapp
layer-2
+3
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0x912CE59144191C1204E64559FE8253a0e49E6548 | |
Ethereum | 0xB50721BCf8d664c30412Cfbc6cf7a15145234ad1 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.36 | ↗ 6.30% |
1 Day | £0.34 | ↗ 6.30% |
1 Week | £0.30 | ↗ 18.70% |
1 Month | £0.23 | ↗ 57.49% |
1 Year | £0.62 | ↘ 39.46% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Arbitrum is an Ethereum layer-two scaling solution that strives to enhance the speed and lower the cost of transaction processing of Ethereum. It seeks to achieve this via optimistic rollups which move most of the protocol's computation and storage load off-chain. The native token of Arbitrum is ARB, which is used for governance. The developers behind Arbitrum, Offchain Labs, have transitioned to a decentralized autonomous organization (DAO) structure, known as the Arbitrum DAO. ARB holders can vote on proposals that influence the features, protocol upgrades, funds allocation, and election of a Security Council.
Arbitrum operates using optimistic rollups, a technology that aims to increase the scalability of Ethereum. It supports unmodified Ethereum Virtual Machine (EVM) contracts and transactions, meaning existing Ethereum decentralized applications (DApps) can run on Arbitrum without any code changes. Arbitrum aims to handle a high number of transactions per second, thereby seeking to lower fees and increase the speed at which transactions are finalized. It also allows developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus, its upcoming EVM+ equivalence feature. Arbitrum does not rely on any centralized operator or sequencer to order transactions. Instead, it uses a decentralized network of validators who stake ARB tokens and are compensated for securing the network.
Arbitrum - through its optimistic rollups - aims to provide a more scalable and cost-efficient platform than Etherium layer one for developers to build and deploy Ethereum-compatible DApps. This positions it as a potential solution for developers who aim to overcome the scalability and cost issues associated with Ethereum. Additionally, with its upcoming EVM+ equivalence feature, Stylus, Arbitrum seeks to enable developers to deploy programs written in popular programming languages like Rust, C++, and more. The ARB token, used for governance, allows holders to vote on proposals that affect the features, protocol upgrades, funds allocation, and election of a Security Council, thereby influencing the future direction of the Arbitrum ecosystem.
Arbitrum was developed by Offchain Labs, a New York-based development company founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, former Princeton University researchers with extensive experience in computer science, cryptography, and blockchain. In 2021, Offchain Labs raised funds in its latest Series B funding round, led by Lightspeed Venture Partners, valuing the company at a certain amount. The Arbitrum DAO was announced as a shift towards a decentralized governance structure, with the ARB token serving as the governance token. In March 2023, Arbitrum announced an airdrop of ARB tokens to early users and DAOs building on Arbitrum. The token generation event took place on March 23, 2023. Arbitrum has a roadmap for 2023.
We update our Arbitrum to GBP currency in real-time. Get the live price of Arbitrum on Coinbase.
The current market cap of Arbitrum is £1.86B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Arbitrum is £1.79. This all-time high is highest price paid for Arbitrum since it was launched.
Over the last 24 hours, the trading volume of Arbitrum is £274.94M.
Assets that have a similar market cap to Arbitrum include Kaspa, vechain, Polygon Ecosystem Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Arbitrum is 5.2 billion.
Arbitrum ranks 89 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 97% of Coinbase users are buying Arbitrum. In other words, 97% of Coinbase customers have increased their net position in Arbitrum over the past 24 hours through trading.
Yes, Arbitrum is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Arbitrum guide.
Arbitrum news
Trending articles
Social stats
Popularity in posts
#76
Contributors
1,770
Posts
5,450
% About Arbitrum
0.301%
Hold times
0 days
X (Twitter)
34.31% bullish
Sentiment
4.6 ★
Highlights
1,770 unique individuals are talking about Arbitrum and it is ranked #76 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Arbitrum has an average sentiment score of 91 out of 5. Finally, Arbitrum is becoming less newsworthy, with 0 news articles published about Arbitrum.
On Twitter, people are mostly neutral about Arbitrum. There were 35.54% of tweets with bullish sentiment compared to 3.59% of tweets with a bearish sentiment about Arbitrum. 64.46% of tweets were neutral about Arbitrum. These sentiments are based on 5436 tweets.
On Reddit, Arbitrum was mentioned in 5 Reddit posts and there were 3 comments about Arbitrum. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.