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About Arbitrum
Arbitrum's governance is driven by two main governing bodies: the Security Council and the Arbitrum DAO.
- The Security Council is a 12-member council elected by the Arbitrum DAO members. This council focuses on maintaining the security and performance of the Arbitrum ecosystem by applying emergency actions when necessary.
- The Arbitrum DAO is the global community of ARB token holders and their chosen delegates. This DAO is responsible for governing Arbitrum and its Security Council. The DAO can modify the Security Council's powers or even eliminate it entirely through constitutional proposals.
ARB token holders can participate in the governance process by voting on proposals directly or by delegating their voting power to delegates who represent their interests. This decentralized governance system ensures that decisions made within the Arbitrum ecosystem align with the community's best interests, rather than relying solely on a centralized group of decision-makers.
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Learn About Arbitrum
What Happened After Arbitrum Airdrop Changed Everything
Arbitrum (ARB) is the native governance token of the largest Ethereum rollup network. The March 23, 2023 Arbitrum airdrop sent over 1.16 billion ARB to roughly 625,000 wallets, setting the template every later rollup copied for points-based eligibility and DAO governance. Three years on, ARB trades around $0.125 with a market cap near $770 million, down 95% from its $2.39 all-time high. But the network the airdrop seeded has $1.65 billion in TVL, 2.1 billion cumulative transactions, and partnerships with Robinhood, BlackRock, and Franklin Templeton. The same Security Council that token holders elected through the airdrop froze 30,766 ETH tied to the April KelpDAO exploit, then handed half its seats to a new cohort taking office May 21. This retrospective covers what the airdrop built, what it didn't, and how the next governance phase will be tested by STEP 2.0 RWA allocations and ongoing legal exposure around the frozen KelpDAO ETH.
Archie DuttonMay 16, 2026BORA Isn't What You Think and That's Actually the Point
METABORA GAMES launched a gamer engagement platform with mission-based play content, downloadable mini games, and in-game incentives on March 31. Silence. Deathly silence. That non-reaction speaks volumes about one of cryptocurrency's most stubborn branding problems. Search "bora bora currency" on Google and you'll find resort prices instead of developer blogs.
Crypto News NavigatorApr 5, 2026Building on Fraxtal Versus Every Other Ethereum L2 in 2026
Fraxtal's goal was a $100 billion TVL by the end of 2026. Realistically, it's closer to $17.6 million. That's a difference of approximately 99.98%. And while it begs the question any developer looking at this L2 should be asking, does Fraxtal offer enough unique tooling to build on over Arbitrum, Optimism, or Base? The answer varies if what you're building cares more about native stablecoin infrastructure than raw numbers of users.
Archie DuttonMar 28, 2026- Arbitrum Wallet Setup Takes 90 Seconds If You Know ThisMar 26, 2026
- Uniswap Wallet Just Became the Easiest DeFi Entry PointMar 19, 2026
- Avalanche Just Processed 2M Daily Transactions and Nobody Talked About ItMar 16, 2026
- 2026 Global Crypto Adoption Index: India Leads as Sub-Saharan Africa SurgesMar 12, 2026
- Starknet Just Proved Validity Rollups Work at ScaleMar 9, 2026
- Tracking Proton's Payment Volume Against Traditional Crypto RailsMar 7, 2026
Often Discussed Alongside Arbitrum
Tokens that appear with Arbitrum in our academy articles.
Arbitrum Market Data
The live Arbitrum price today is $0.11 USD with a 24-hour trading volume of $1,397,017.29 USD. We update our ARB to USD price in real-time. Arbitrum is up 0.39% in the last 24 hours.
The current market cap is $675,227,019.38 USD, ranking #79 by market capitalization. The circulating supply is 6,255,821,492 ARB.