What is Arbitrum?

Symbol: ARB · Market cap rank: #101

Short answer

Arbitrum (ARB) is a cryptocurrency currently ranked #101 by market capitalisation. It is classified as L2.

Source: isthiscoinascam.com

Overview

Arbitrum is an Ethereum scaling solution that utilizes optimistic rollup technology to enhance transaction efficiency. It operates as a Layer 2 solution, enabling lower-cost transactions for users within an ecosystem that closely resembles Ethereum.

The network supports several decentralized applications, including GMX, Radiant, Uniswap V3, and Gains Network. While it boasts significant total value locked, specific governance models and supply caps are not detailed in the available information.

Headquarters: Unknown

Scam-risk analysis

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

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