Arbitrum company info

What does Arbitrum do?
Arbitrum (CRYPTO:ARB) is a high-performance cryptocurrency optimised for scalability and privacy. It is built on a next-generation blockchain protocol that uses state-of-the-art cryptography and distributed consensus to ensure secure, low-cost and borderless transactions. Founded in 2018, Arbitrum is the brainchild of a team of experts in blockchain technology, cryptography, economics and finance. Arbitrum uses a novel consensus mechanism called ‘Proof-of-Stake & Validation’ (PoSV) to securely validate transactions and maintain the network. This consensus mechanism is designed to provide fast and secure transactions while also offering a high degree of privacy. Additionally, Arbitrum is designed to reduce energy consumption by utilizing a ‘proof-of-stake’ principle. This means that miners are rewarded for verifying transactions without having to expend energy resources. This makes Arbitrum a more sustainable and economical cryptocurrency.
Arbitrum company media
Company Snapshot

How many people does Arbitrum employ?

people
Employees
11-50

What is the market cap for Arbitrum?

bag
Market Cap
$2.62B

Where is the head office for Arbitrum?

location pin
Head Office
Cayman Islands

What year was Arbitrum founded?

founded flag
Year Founded
2018
What does Arbitrum specialise in?
/Arbitrum Ecosystem /DAO /DApp /Ethereum Ecosystem /Layer 2 /Modular Blockchain /Pantera Capital Portfolio /Polychain Capital Portfolio /Rollups /Scaling

What are the products and/or services of Arbitrum?

Overview of Arbitrum offerings
Decentralized exchanges (DEXs): Arbitrum supports a variety of DEXs, such as Uniswap, SushiSwap, and Curve. These DEXs allow users to trade cryptocurrencies without the need for a central intermediary.
Games: Arbitrum also supports a number of games, such as Gods Unchained and Illuvium. These games allow users to play and earn crypto rewards.
Lending protocols: Arbitrum also supports a variety of lending protocols, such as Aave and Compound. These protocols allow users to lend and borrow cryptocurrencies.
NFT marketplaces: Arbitrum also supports a number of NFT marketplaces, such as OpenSea and Rarible. These marketplaces allow users to buy, sell, and trade NFTs.
Other services: Arbitrum also supports a variety of other services, such as oracles and bridges. These services provide additional functionality to the Arbitrum ecosystem.
Yield aggregators: Arbitrum also supports yield aggregators, such as Yearn.finance and Convex Finance. These aggregators optimize the yields that users can earn on their crypto assets.