Total Protocols
Total Value Locked
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Arbitrum is a type of technology known as an optimistic rollup. It allows Ethereum smart contracts to scale by passing messages between smart contracts on the Ethereum main chain and those on the Arbitrum second layer chain.
With a total transaction count of over 1,208,720,601and 24-hour transactions exceeding 2,215,835Arbitrum demonstrates unparalleled efficiency.
Its Total Value Locked (TVL) till now is 3,027,639,188showcasing its dominance in DeFi space with a TVL dominance of 2.66 %. Additionally, while total transaction fees 50,315.30of which enhance accessibility for users globally.