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
137.21METH
TVB
4.98METH
24h txn volume
202.49KETH
Avg. Gas price
0.01Gwei