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
31,28METH
TVB
5,49METH
24h txn volume
98,06KETH
Avg. Gas price
0,0099Gwei