Arbitrum (ARB) Latest Price Trends
As of writing, the ARB token is priced at $1.15, showing a 24-hour change of -9.00%.
๐ Track ARB's real-time price movements
Arbitrum Launches ARB Token with March 23 Airdrop
On March 16, Arbitrum announced the launch of its DAO governance and ARB governance token for both Arbitrum One and Arbitrum Nova networks. The airdrop will distribute tokens constituting 11.6% of the total supply to community members, with the snapshot taken on February 6, 2023.
What is Arbitrum?
Arbitrum is a Layer 2 scaling solution created by Offchain Labs to address Ethereum's congestion and high fees. It ranks as the fifth-largest chain in DeFi by TVL and is the most active L2 solution according to L2Beat.
ARB Tokenomics and Airdrop Allocation
The ARB token has an initial total supply of 10 billion tokens with a maximum annual inflation of 2%. The distribution breakdown includes:
- 42.78% to Arbitrum DAO Treasury
- 26.94% to Offchain Labs team/advisors
- 17.53% to investors
- 11.62% to community airdrops
- 1.13% to ecosystem DAOs
How to Check ARB Airdrop Eligibility
Arbitrum uses a points system (max 15 points) based on activity across its networks:
Arbitrum One Qualification Criteria:
- Bridge funds to Arbitrum One
- Conduct transactions across multiple months
- High-volume trading (>25 txns or $10k+ volume)
- Provide significant liquidity (>$25k)
Arbitrum Nova Qualification:
- Bridge funds to Nova
- Complete 3+ transactions
Users can check eligibility at gov.arbitrum.foundation.
Anti-Sybil Measures
These actions may disqualify you:
- All transactions within 48 hours (-1 point)
- Wallet balance <0.005 ETH with minimal contract interactions (-1 point)
- Addresses flagged in Hop Protocol's Sybil detection
Where to Buy ARB Tokens?
Major exchanges listing ARB include:
Exchange | Trading Start (UTC+8) |
---|---|
Binance | March 24 01:00 |
OKX | March 23 21:20 |
Bybit | March 23 21:00 |
๐ Trade ARB with 50x leverage on premium platforms
ARB Investment Strategies
Contract trading advantages:
- 50x leverage available
- Profit from both rising and falling markets
- Lower capital requirements than spot trading
FAQ Section
Q: When was the ARB airdrop snapshot taken?
A: The snapshot occurred on February 6, 2023 at Arbitrum One block 58,642,080.
Q: How many ARB tokens will I receive?
A: Awards range from 1,200 ARB (3 points) to 10,200 ARB (12+ points).
Q: Can I still qualify if I'm new to Arbitrum?
A: The snapshot has passed, but you can trade ARB on exchanges post-airdrop.
Q: What's ARB's long-term potential?
A: As Arbitrum's governance token, its value depends on L2 adoption and DAO participation.
Q: How does Arbitrum compare to Optimism?
A: Both are leading Ethereum L2s, with Arbitrum currently having higher TVL and different technical approaches.