We’re happy to announce we now list Arbitrum
📈 Spot trading of ARB/USDT live
What is Arbitrum?
Arbitrum is a layer 2 Ethereum scaling solution that allows users to do everything they need to on Ethereum such as using dApps (decentralized applications) and deploying smart contracts, but transactions are cheaper and faster. This is primarily thanks to Arbitrum’s optimistic rollup that leverages Ethereum’s security while also saving on gas fees and transfer times.
By moving the computational load off the Ethereum blockchain and onto the Arbitrum rollup chain, Arbitrum still benefits from compatibility with Ethereum. This means developers are building high-utility protocols and projects on Arbitrum such as perp DEXs, lending solutions and yield farms.
The ARB Token
ARB is Arbitrum’s native token used for governance. Abritrum held a highly-anticipated airdrop for early users interacting with the protocol which raised awareness and built a strong online community for the project.
Here’s a quick glance at ARB’s key market stats:
- Current market cap: $1,501,981,209.
- Circulating supply: 1,275,000,000 ARB.
- Max supply: 1 billion ARB coins
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