ArbitrumARB
Ethereum Layer2 scaling solution$0.3148
-0.44%
Arbitrum
@ArbitrumFollowers1.17 M
Following225
Influence Index2.63 K
Details
24h High$0.3244
24h Turnover$1.59M
All-Time High(ATH)$4.00
All-Time Low (ATL)$0.1054
Market Cap / Fully Diluted Valuation
+55.09%Fully Diluted Valuation (FDV)
$1.73B24h Low$0.3095
Market Cap
$3.14BCirculating Supply
5.50B ARBTotal Supply
10.00B ARBMax Supply
10.00B ARBMarket SentimentPositive
Supported Exchanges
+44
+44Related News
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Ethereum L2 that uses Bitcoin as the gas tokenAbout Arbitrum
Arbitrum, created by the Offchain Labs team, is an Ethereum Layer2 scaling solution based on Optimistic Rollup technology. It leverages the ability to communicate between L1 and L2, allowing any form of Ethereum asset to be transferred between Layer 1 and Layer 2 without the need for trust. Even though Arbitrum transactions are still settled on Ethereum, only raw transaction data is submitted to Ethereum, with execution and contract storage occurring off-chain. This makes the gas fee required on Arbitrum much smaller than on the mainnet, and contracts are fully compatible with no gas limit.
Team Members
Steven GoldfederCo-Founder and CEO
Harry KalodnerCo-Founder and CTO
Edward Felten Co-Founder & Chief Scientist
kiet (kit) fongHead of Gaming Partnerships Asia Pacific
Marcin PawelGrowth Lead
Ira AuerbachHead of Tandem
Patrick McCorryResearcher
Preston Van LoonCore Developer
Investors
Lightspeed Venture
Pantera Capital
Polychain
Ribbit Capital
Redpoint Ventures
Alameda Research
Mark Cuban
Coinbase Ventures
Compound VCR
Raphael OuzanJ
Jake SeidFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Series B | $120.00M | $1.20B | 2021-08-30 |  Lightspeed Venture* Pantera Capital+ 5 |
Series A | $20.00M | -- | 2021-03-31 | -- |
-- | -- | -- | 2019-09-04 |  Coinbase Ventures |
Seed | $3.70M | $50.00M | 2019-04-02 | Pantera Capital* Compound VC+ 2 |
Subsidiary Organizations
Tandem
Tandem is the venture capital arm of Offchain Labs and will invest in the team through funding and deep collaboration with the Offchain Labs team.
Arbitrum Gaming Ventures
Arbitrum Gaming Ventures is a venture capital firm based in San Francisco, California. The firm seeks to invest in emerging technologies, gaming, artificial intelligence, and blockchain.