- Arbitrum is the first Optimistic Rollup Layer 2 scaling solution for the Ethereum blockchain
- It is designed to enhance the speed of smart contract transactions and minimize transaction costs while inheriting its security.
- The Arbitrum Beta Mainnet was launched in May 2021, followed by the full mainnet launch in August 2021.
- The Arbitrum protocol, along with its native token $ARB, is a creation of Offchain Labs.
- ARB has raised ~ $143.7 million in three fundraising rounds backed by Lightspeed Venture Partners, PanteraCapital, Ribbit Capital, Polychain Capital, and others
Arbitrum Ecosystem Highlights (31 Jan 2024)
- 1000+ NFTs (TreasureDAO, EulerBeats, Blitmap, DeGods, etc.)
- 10+ Bridges
- 200+ DApps(GMX, SushiSwap, Curve, Treasure, Synapse)
- 50+ DEXes
- 30+ GameFi Projects
To know more about Arbitrum and its ecosystem, access our TradeDog In-Depth Report in which you will find detailed information and analytical aspects including:
- Project Overview
- Technology Used
- Recent Updates
- Tokenomics
- On-Chain Analysis
- Competitor Analysis
- SWOT Analysis
- Market Opportunity
- ARB’s Market Potential
- Technical Analysis
- Project team
- Future Roadmap
- Conclusion
