What is Arbitrum?

Symbol: ARB · Market cap rank: #81

Short answer

Arbitrum (ARB) is a cryptocurrency currently ranked #81 by market capitalisation. It is classified as Layer-2 scaling solution.

Source: isthiscoinascam.com

Overview

Arbitrum is an Ethereum scaling solution that employs optimistic rollup technology. It aims to provide cost-efficient transactions for a significant number of users while maintaining an experience similar to that of the Ethereum network.

The platform supports various decentralized applications (dApps) such as GMX, Radiant, Uniswap V3, and Gains Network. Arbitrum operates as a layer 2 solution and has gained notable attention for its total value locked metrics, emphasizing its role in the Ethereum ecosystem.

Launched: 2021

Headquarters: George Town, Grand Cayman

Scam-risk analysis

Arbitrum is rated B on isthiscoinascam.com. Is Arbitrum a scam?

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