Arbitrum price today, ARB to USD live price, marketcap and chart

Arbitrum uses optimistic rollups to stand out from other scaling solutions for Ethereum. It claims to offer several advantages over other optimistic rollup solutions, such as:

Compatibility: Arbitrum supports unmodified EVM contracts and transactions, meaning that any existing Ethereum DApp can run on Arbitrum without any code changes.

Scalability: Arbitrum can handle thousands of transactions per second with low fees and fast finality, while maintaining the security guarantees of Ethereum.

Flexibility: Arbitrum allows developers to deploy programs written in popular programming languages like Rust, C++, and more using Stylus, its upcoming EVM+ equivalence feature.

Decentralization: Arbitrum does not rely on any centralized operator or sequencer to order transactions. Instead, it uses a decentralized network of validators who stake ARB tokens and earn fees for securing the network.

Arbitrum also has a vibrant ecosystem of DApps, wallets, tools and partners that make it one of the leading scaling solutions for Ethereum.

Some of the protocols that are available on the network include: GMX (GMX), Treasure (MAGIC), Camelot (GRAIL), Radiant Capital (RDNT), Vela Exchange (VELA), ZyberSwap (ZYB), Dopex (DPX), PlutusDAO (PLS), TridentDAO (PSI), Jones DAO (JONES) and more.

The growth of the Arbitrum ecosystem can be seen from its total value locked (TVL) metric. According to DeFiLlama, Arbitrum’s TVL reached a peak of $3.2 billion in November 2021 and currently stands at around $1.85 billion as of this writing. This makes it the highest TVL among all other Layer 2 ecosystems.