Exchange Arbitrum
If you're looking to swap Arbitrum, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is Arbitrum, or some fresh information about ARB’s price movements. And, of course, we provide you with multiple Arbitrum exchange options so that you can choose the offer with the best rates and lowest Arbitrum fees, as well as other parameters that suit you.
Arbitrum price chart
Here you can see the current price of Arbitrum, as well as Arbitrum price history.
Arbitrum price stats
To help you make a decision about exchanging your Arbitrum, we gathered some cold hard numbers: Arbitrum price chart and other stats, such as Arbitrum market cap.
24H HIGH $0.34465430661745
MARKET CAP $3 388 513 779.090796
CIRCULATING SUPPLY 9 999 998 977.63022 ARB
24H LOW $0.32522552270044
ARB PRICE $0.33885141255222
24H VOLUME $3 673 448.94030638
What is Arbitrum?
What is Arbitrum (ARB)?
Arbitrum (ARB) is a Layer 2 scaling solution for Ethereum that enhances network speed and reduces transaction costs without compromising on security. Developed by Offchain Labs, a New York-based blockchain company founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, Arbitrum officially launched its mainnet in August 2021. It gained significant traction for providing a reliable and scalable environment for decentralized applications.
Arbitrum project milestones
- August 2021 – Launch of Arbitrum One: The first mainnet version went live, allowing developers to deploy Ethereum-compatible dApps on a faster and cheaper network.
- March 2023 – Airdrop and ARB token launch: Arbitrum introduced its native governance token, ARB, and distributed it through a widely publicized airdrop.
- April 2023 – Launch of Arbitrum DAO: A decentralized autonomous organization was formed, empowering the ARB community to vote on protocol upgrades and treasury management.
- Mid-2023 – Nitro upgrade: A major technical update that improved throughput, reduced fees, and enhanced cross-chain communication.
- Q1 2024 – Arbitrum Orbit introduction: Enabled developers to launch their own customizable Layer 3 chains using Arbitrum's technology.
Stay updated with the latest Arbitrum (ARB) news, as any update may significantly affect the ARB price. As developments continue, the Arbitrum (ARB) swap remains a popular topic for those optimizing their crypto portfolio.
Tokenomics of ARB
ARB is an ERC-20 token deployed on the Ethereum blockchain and used to govern the Arbitrum ecosystem through the Arbitrum DAO. It was introduced as a utility and governance token to facilitate decentralized decision-making and incentivize community participation.
ARB operates on the Ethereum network as a Layer 2 token, allowing low-cost transfers and voting rights on governance proposals. Its use spans governance, community grants, and incentivizing activity within the ecosystem. The total supply of ARB is fixed at 10 billion tokens. A portion is allocated to the DAO treasury, early users, team members, and ecosystem growth initiatives. ARB is actively traded on every major Arbitrum (ARB) exchange, offering users ample liquidity and exchange rate options.
Key features of Arbitrum (ARB)
Arbitrum has earned its place in the blockchain world by solving Ethereum’s congestion and high fee issues with a unique rollup-based approach. Its architecture and growing developer adoption make it one of the top Layer 2 solutions available.
- Optimistic rollup technology: Processes transactions off-chain before settling them on Ethereum, ensuring faster throughput and lower costs.
- Ethereum compatibility: Seamlessly runs Ethereum smart contracts without requiring code modifications.
- Decentralized governance: The ARB token enables holders to participate in decision-making via Arbitrum DAO.
- Arbitrum Nitro upgrade: Boosted network efficiency and scalability, significantly lowering costs and increasing transaction speed.
These features combine to make Arbitrum a go-to environment for developers and users looking for a seamless and affordable Ethereum experience.
Use cases for Arbitrum (ARB):
- Governance voting: Token holders vote on protocol proposals and treasury spending.
- DeFi platform usage: Powers lower-cost transactions for lending, trading, and liquidity provision.
- dApp development and deployment: Developers utilize Arbitrum for scalable decentralized application deployment.
- Incentive programs: ARB is used to reward ecosystem participants and bootstrap new projects.
The average fees on the Arbitrum Network
The Arbitrum Network offers users exceptionally low transaction fees, with the average cost per transaction ranging between $0.01 and $0.10 USD. This affordability is one of the core reasons behind its popularity on every Arbitrum (ARB) exchange for both individual users and dApp developers.
The ARB token wallets
To manage, store, and interact with ARB tokens securely, users can use the following wallets:
- MetaMask: A leading Ethereum-compatible wallet that supports ARB and enables direct dApp access.
- Trust Wallet: A user-friendly mobile wallet that allows seamless storage and management of ARB tokens.
- Ledger Nano: A secure hardware wallet that supports ARB via Ethereum apps and third-party interfaces.
- Coinbase Wallet: Provides non-custodial ARB storage with easy access to the Arbitrum ecosystem.
- Rabby Wallet: A browser extension wallet optimized for Ethereum Layer 2 networks, including Arbitrum.
If you’re looking for a simple and fast way to swap your tokens, now is the perfect time to explore the Arbitrum (ARB) swap options on SwapSpace. Whether you're checking the Arbitrum (ARB) price chart, using the Arbitrum (ARB) converter to calculate current values, or browsing live Arbitrum (ARB) prices, SwapSpace makes it easy. Not sure how to swap Arbitrum (ARB)? Just use the Arbitrum (ARB) currency converter to compare your exchange rate and make your change with no hassle. Join the growing community of Arbitrum (ARB) crypto users and experience smooth trading on SwapSpace today.
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A simple way to exchange Arbitrum here at SwapSpace
Choose a pair
To help you make a decision about exchanging your ARB, we gathered some cold hard numbers: ARB price chart and other stats, such as ARB market cap.
Select the best rate
You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.
Transfer funds
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.
Frequently asked questions
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