FAQs
The ARB token is the native governance token associated with Arbitrum, an Ethereum Layer-2 scaling solution. It plays a pivotal role in the decentralised governance of the Arbitrum ecosystem through a structure known as the Arbitrum DAO.
What is the native token of arbitrum blockchain? ›
The ARB token is the native governance token associated with Arbitrum, an Ethereum Layer-2 scaling solution. It plays a pivotal role in the decentralised governance of the Arbitrum ecosystem through a structure known as the Arbitrum DAO.
What is the max supply of arbitrum tokens? ›
Arbitrum (ARB) Tokenomics
There is a total and max supply of 10 billion ARB tokens, with a market cap of over $1.5 billion and a 24-hour trading volume of over $680 million. The current circulating supply is more than 1.2 billion ARB tokens.
Will arbitrum launch a token? ›
Community Power with $ARB
Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23. According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO).
What token does arbitrum use for gas? ›
Why do I need ETH to use the Arbitrum network? ETH is the currency used to pay gas fees on Arbitrum, and all Arbitrum transactions are powered by ETH. You can bridge ETH (and other tokens) from Ethereum to Arbitrum through Arbitrum's bridge.
What tokens are available on arbitrum? ›
Arbitrum Tokens
| Name | Price | Circ. Supply |
|---|
| Tether USDT | $ 1.00 | USDT 115.40B |
| USDC USDC | $ 1.00 | USDC 33.82B |
| Wrapped Bitcoin WBTC | $ 59,850 | WBTC 154.71K |
| ChainLink LINK | $ 10.20 | LINK 608.10M |
46 more rowsArbitrum ARB -1.53% operates as a Layer 2 scaling network on the Ethereum blockchain, aiming to improve scalability and security for decentralized applications through off-chain transaction processing.
How much is 1 arbitrum token worth? ›
Price of ARB today
The live price of Arbitrum is $ 0.582959 per (ARB / USD) with a current market cap of $ 1.95B USD. 24-hour trading volume is $ 172.89M USD. ARB to USD price is updated in real-time. Arbitrum is -0.07% in the last 24 hours with a circulating supply of 3.34B.
Is there a gas limit for arbitrum? ›
Chain parameters
| Param | Description | Arbitrum One |
|---|
| Gas speed limit | Target gas/sec, over which the congestion mechanism activates | 7,000,000 gas/sec |
| Gas price floor | Minimum gas price | 0.01 gwei |
| Block gas limit | Maximum amount of gas that all the transactions inside a block are allowed to consume | 32,000,000 |
3 more rowsAug 1, 2024
Arbitrum price prediction 2025
The Arbitrum price prediction for 2025 is currently between $ 0.554555 on the lower end and $ 2.63 on the high end. Compared to today's price, Arbitrum could gain 375.76% by 2025 if ARB reaches the upper price target.
Arbitrum unlocks 1.1 billion tokens with more on the way
The tokens, worth around $2.1 billion at the time of the unlock, were distributed to team members and advisors of Offchain Labs — the company behind Arbitrum — as well as to early investors in the company.
What is the future of arbitrum? ›
Our real-time ARB to USD price update shows the current Arbitrum price as $0.508146 USD. Our most recent Arbitrum price forecast indicates that its value will increase by 14.39% and reach $0.581250 by August 09, 2024.
How to get free Arbitrum token? ›
If you are eligible, you can claim your ARB tokens by following these steps: Connect your Ethereum wallet to the Arbitrum airdrop website. Click on "Check Eligibility". If you are eligible, you will see a message that says "You are eligible for the Arbitrum airdrop".
What is the native token of arbitrum? ›
Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain. Arbitrum's native token is called ARB and is used for governance.
What are the cons of arbitrum? ›
3. Dependency on Ethereum Mainnet: The finality of Arbitrum depends on Ethereum's security; any problems with Ethereum may affect Arbitrum's functionality. 4. Security Risks: As with any blockchain technology, security is a top priority.
What is the circulating supply of arbitrum tokens? ›
Arbitrum Price Data
The token has a circulating supply of 3.3B tokens out of a total supply of 10B tokens.
What is native token in blockchain? ›
Native tokens are the tokens created on a blockchain. Examples of native tokens include ether (ETH), bitcoin (BTC), stellar (XLM), and solana (SOL). Non-native tokens are created on layers that support blockchain operations or for applications created using that blockchain.
Can I buy arbitrum token? ›
Fortunately in United States, you can buy Arbitrum on Coinbase's centralized exchange. Coinbase is the most trusted place for people and businesses to buy, sell, and manage Arbitrum. It's quick and easy.
Is arbitrum an ERC-20 token? ›
ARB is the native ERC-20 Governance token for the Arbitrum Blockchain, which is Designed to enhance scaling solutions for Ethereum. Holders of $ARB tokens can transfer value, vote on Governance Decisions, and Participate in the Arbitrum ecosystem.
