Arbitrum

L2 · Ethereum

The Ethereum L2 whose points-and-anti-sybil airdrop became the industry template

Participation

Not currently open

Token

Live · $ARB

Potential

Total funding

$120M

Major VCs

Last verified

2026-08-03

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

—

Check the official website and X account for currently available actions.

Check the official site

Funding & investors

Round

Series B

Lead

Lightspeed

Investors

Redpoint · Pantera Capital · Lightspeed · Polychain Capital · Ribbit Capital

Overview

Arbitrum is Ethereum's largest Optimistic Rollup L2. The March 2023 ARB airdrop distributed roughly 1.16 billion ARB to 625,000 wallets, and its points-based anti-sybil design became the template for later projects. No new program to farm ARB currently exists.

Analysis

Arbitrum keeps expanding its ecosystem through Robinhood Chain and RWA/stablecoin payment integrations. Yet ARB's price has fallen over 96% from its $2.39 ATH, with market cap at $537.1M and FDV at $812.0M. TGE completed on March 23, 2023, and the original airdrop claim window has long closed. There is currently nothing to join. Audits have been done by Trail of Bits and OpenZeppelin, and no fund-draining hack has been confirmed.

Token & distribution status

Market tracker$ARB

View on CoinGecko

Price: $0.2005
24h change: -9.71%
Market cap: $1.4B
24h volume: $326M

Token: Live
Ticker: $ARB
TGE: Not announced
Allocation: Published

Allocation

On March 23, 2023, the main ARB airdrop distributed tokens to 625,000 wallets, split into an individual portion of 11.62% (625 to 10,250 ARB per wallet) and a DAO portion of 1.13%. No equivalent season-2 distribution has since been confirmed. The original claim window is closed and no longer available.

Tokenomics

100%Allocation

DAO Treasury holds: 42.78%
team/advisors: 26.94%
investors: 17.53%
with: 11.62%

Total supply is 10 billion ARB. DAO Treasury holds 42.78%, team/advisors 26.94%, investors 17.53%, with 11.62% for the individual airdrop and 1.13% for the DAO airdrop. Unlocks run for about 48 months from March 23, 2023, with team/investor tokens vesting monthly after a 1-year cliff, completing around March 23, 2027.

Security & risks

Verified security information

Trail of Bits audited on July 10, 2026 and OpenZeppelin on December 19, 2025. An audit list is published officially but full coverage is unconfirmed. Sequencer outages occurred on September 14, 2021 and December 15, 2023, but no fund-loss hack has been confirmed.

Key risks

ARB has fallen over 96% from its $2.39 ATH, with market cap still shrinking
Continued sell pressure is expected from team/investor unlocks through March 2027
The sequencer has suffered multiple past outages, leaving a centralization risk
No official program currently rewards new users for participating