Arbitrum is a Layer 2 scaling solution for Ethereum launched by Offchain Labs in 2021. Leveraging Arbitrum Rollups, it enhances Ethereum’s scalability by processing transactions on Layer 2 before posting the data back to the Ethereum blockchain. The chain aims to alleviate on-chain congestion, improve transaction throughput and lower Gas fees on Ethereum.
Total txns
Total txn volume
23.18METH
TVB
5.30METH
24h txn volume
224.6KETH
Avg. Gas price
0.0309Gwei