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Arbitrum ARB |
BUY
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$0.1114963 |
-4.87% (24h) |
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Marketcap |
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$673,529,321 |
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Volume 24h |
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$86,186,851 |
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Description
Arbitrum (ARB) is currently the leading Layer 2 scaling solution for Ethereum by total value locked, utilizing "Optimistic Rollup" technology to enhance network performance. It provides a seamless environment for developers and users to interact with DeFi and NFT projects with near-instant speed and a fraction of the gas costs. The ARB token is the governance asset that allows holders to vote on key protocol changes and participate in the decentralized autonomous organization (DAO). Arbitrum has established itself as the primary hub for Ethereum’s decentralized economy, hosting the majority of its most popular and innovative protocols.