Arbitrum Network Health
This dashboard offers a comprehensive analysis of the Arbitrum ecosystem, providing insights into network activity, bridge and trading dynamics, and $ARB token usage patterns for informed decision-making.
This dashboard analyzes the Arbitrum ecosystem and its native token, $ARB, using a comprehensive set of metrics spread across five tabs. The methodology behind each tab is outlined below:
Tab 1: Introduction
In the introduction tab, we provide an overview of Arbitrum and its token $ARB.
Tab 2: General Activity of the Network
Here we analyze the total number of transactions, average transaction fees, daily active users, total value locked (TVL) in the ecosystem, and platform-wise distribution of activity. These metrics provide a holistic view of the network's growth, adoption, and usage patterns across various platforms, such as DeFi, NFT, and DApps.
Tab 3: Bridge Activity
The bridge activity tab focuses on the volume and patterns of assets bridged to and from Arbitrum. Metrics include total volume bridged, number of airdrop claimers bridging out, number of non-airdrop allocated users entering the ecosystem, ratio of bridged tokens. This data helps to understand the flow of assets between Arbitrum and other networks, as well as the level of user engagement with the ecosystem.
Tab 4: Trading Activity
The trading activity tab delves into the swap metrics on sushiswap, with emphasis on total trading volume, trading volume for top Pairs and the number of active traders. These metrics offer insights into the market dynamics and the popularity of various tokens within the Arbitrum ecosystem.
Tab 5: About $ARB Token
To evaluate the usage patterns of the $ARB token, we analyze the percentage of users selling, bridging, and holding the token, as well as its distribution among different types of investors (e.g., whales, retail investors). Additionally, we examine correlations between the $ARB price and trading volume to understand the factors influencing its value.
By employing this methodology and presenting the data in a structured and organized manner, this dashboard aims to provide users with a comprehensive understanding of the Arbitrum ecosystem and its $ARB token, empowering them to make informed decisions based on the analyzed metrics.
Arbitrum is a Layer 2 scaling solution for Ethereum, designed to improve the network's scalability, throughput, and cost-efficiency. By leveraging optimistic rollups, Arbitrum increases the transaction capacity of the Ethereum blockchain without compromising its security. This allows developers to build and deploy smart contracts and decentralized applications (DApps) with lower gas fees and faster confirmation times, providing a seamless user experience.
The Arbitrum token ($ARB) is the native utility token of the Arbitrum ecosystem. It serves as a governance token, enabling holders to participate in the decision-making process and vote on proposals related to the network's development and upgrades. Additionally, $ARB is used for securing the network, as validators must stake the token to participate in the consensus mechanism.
With the recent airdrop of over 900 million $ARB tokens, the Arbitrum ecosystem has attracted significant attention from the broader crypto community. This dashboard aims to provide an in-depth analysis of the network's activity, including bridging, trading, and the usage patterns of the $ARB token, to help users better understand the evolving dynamics of the Arbitrum economy.
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