What is Arbitrum?
ARBArbitrum is a family of layer-2 networks that settle on Ethereum (optimistic rollups), making transactions cheaper.
The tokenARB is the governance token of the Arbitrum DAO, which steers the networks and their treasury.
Supply and what is still to come
How many coins exist, how many can, who holds the part not yet circulating and what the schedule releases.
- Circulating supply
- 6.899 billion ARB
- Total supply
- 10.00 billion ARBin existence, locked or not
- Maximum supply
- 10.00 billion ARBall 10 billion ARB were created at launch
- Issued or unlocked
- 69.0%circulating, of the maximum supply
- Unlocks, next 30 days
- 108.0 million ARBfrom the disclosed schedule our unlock calendar follows
- Unlocks, next 12 months
- 544.8 million ARBschedule ends 17 Apr 2027
A year in the market
Measured on the daily closes of our own US dollar price index.
- Return, past year
- −44.3%daily closes
- Volatility, past year
- 95%annualised, daily log returns
- Deepest fall from a peak, past year
- −76.3%daily closes
- Below its all-time high
- −92.4%high of $2.26 on 11 Jan 2024
- Correlation with bitcoin
- 0.61daily returns, past year; 1 is lockstep
- Beta to bitcoin
- 1.30its usual move for a 1% move in bitcoin
Points to check
What our data shows that a holder should know. Each point is a measurement, not a rating.
- Supply still to come
45% more than today's circulating supply can still enter circulation (3.101 billion ARB), so the fully diluted value is 1.45x the market cap.
- Scheduled unlocks
544.8 million ARB unlock over the next 12 months, 7.9% of today's circulating supply.
- Supply we cannot count
We do not run an Arbitrum node: the supply is the project's or network's published figure, read every hour and labelled as such.
- Price swings
Its daily moves were 2.1x as large as bitcoin's over the past year (volatility 95% against 44%).
- Distance from the high
It trades 92% below its all-time high daily close of $2.26 (11 Jan 2024).
Questions
What is Arbitrum?
Arbitrum is a family of layer-2 networks that settle on Ethereum (optimistic rollups), making transactions cheaper.
What is ARB used for?
ARB is the governance token of the Arbitrum DAO, which steers the networks and their treasury.
Is Arbitrum's supply capped?
Yes: at most 10.00 billion ARB. 69.0% are issued or unlocked so far.
Where is Arbitrum traded?
On 10 of the 11 exchanges we read: 9 list spot pairs against the dollar or a dollar stablecoin and 10 list perpetual futures. The token finder lists every pair.
Supply from our own nodes or the project’s published figures, prices from our own indexes, listings from the exchanges’ own instrument lists. Last update