ARB
Arbitrum · L2 / Orbit ecosystem
Key facts
- Circulating 6.89B, 69%
- Locked or unvested 3.11B, 31%
- Max 10.00B
Market data: CoinGecko, Oct 24, 2026. Scores reviewed Oct 23, 2026.
Assessment
None of Arbitrum's revenue reaches ARB: sequencer surplus, Timeboost proceeds and the Expansion Program's Orbit share accrue to the DAO treasury, about $12-15M a year, and the 2024 staking design never shipped. Supply is the strong side: zero issuance, with any new minting capped at 2% a year and allowed only by on-chain holder vote. Team, advisors, investors and the Foundation received 52% with no public sale, and monthly cliffs of 92.65M ARB run to Mar 2027. The value engine stays at zero until a binding vote routes treasury revenue to holders, and the 9-of-12 Security Council can still upgrade the chain instantly with no exit window.
How value reaches holders
Nothing reaches ARB: 100% of Arbitrum One sequencer surplus, Timeboost proceeds and the Arbitrum Expansion Program's 10% of Orbit-chain net revenue (8% to the DAO treasury, 2% to the Developer Guild, formalized Jul 2026) accrue to the ARB-governed treasury. No fee share, buyback or burn; the 2024-approved staking design never shipped. DAO income runs ~$12-15M/yr (Arbitrum Foundation H1 2026: $6.19M); Timeboost took $9.5K in Sep 2026
Score anatomy
Demand
9 / 45: the stronger of two routes, plus adoptionWhy would anyone hold it: does value reach the token, and is the network or product used today?
Approved or designed but inert, indirect sinks only, or flows into a treasury or endowment
$5-25M/yr
Not gas (Arbitrum gas is ETH); ~$4M of ARB posted at third-party lenders, 0.3% of market cap.
Trading onlyhigh confidenceHow this is scored
Arbitrum holds $3.75B stablecoins (-29% YoY) and $1.46B TVL, second L2 after Base, but fees fell 60% to $7.9M TTM; losing share
Established: a meaningful, steady share of its categorymedium confidenceHow this is scored
Two routes, the stronger counts
Soundness
19 / 40Can a long-term holder trust the rules: supply, float, distribution and control?
Zero issuance; the DAO can mint up to 2%/yr only by on-chain holder vote. The 9-of-12 holder-elected Security Council's emergency upgrade power is scored under security, not as a mint path.
Under 1%/yr net without a hard cap, a hard cap with halvings issuing 1-3%/yr, or zero issuance where binding on-chain token governance could vote to mint moremedium confidenceHow this is scored
Float 69% (6.89B of 10B); 92.65M ARB monthly cliffs end Mar 2027 (~0.6% of float a month over 12 months), and the DAO treasury holds the rest unscheduled.
0.5-1.5% per month, or large foundation or treasury holdings without a schedulehigh confidenceHow this is scored
Team and advisors 26.94%, investors 17.53%, Foundation 7.5%: 52%, just over the line; user airdrop 11.6% + DAOs 1.1%; the 35% DAO treasury moves by on-chain vote; no public sale
Insiders received over 50%, or one organization directs over 30% todaymedium confidenceHow this is scored
L2BEAT Stage 1: the 9-of-12 Security Council can upgrade instantly (no exit window) while DAO upgrades pass ~17 days of timelocks; Stylus activations were paused Oct 2, 2026 over a proof-soundness guard
Attack cost $10-100M, an unexploited soundness bug in the last 24 months, or upgrades by a security council or governance with under a 7-day exit windowhigh confidenceHow this is scored
Durability
8 / 15Is it big, proven and reachable by institutions?
$1.2B market cap (band 4), $201.9M/day median volume (band 4), no flags.
Major: $1-10B market cap and $50M/day+How this is scored
Launched Mar 23, 2023: 3.6 years old.
3-5 years, or a rollback, coordinated chain-wide halt or restart, or a $50M+ exploit in the last 5 yearshigh confidenceHow this is scored
Valour Arbitrum ETP in Europe; no US spot filing found.
OTC trust, non-US product, or a pending US filinghigh confidenceHow this is scored
What would move it up
To reach T3 Mixed, 2 gates are still open:
- Score 36needs 40(open)
- Value engine 0needs 2(open)
- Adoption 3gate 2(met)
- Supply 4gate 1(met)
Tier outlook
Could move up ↑low likelihood
- Engine rises only if a binding on-chain vote routes sequencer, Timeboost or Expansion Program revenue to ARB holders or stakers
- Revenue rises a band if DAO income passes $25M/yr as Orbit and Robinhood Chain revenue scales
- Security rises if the Security Council's instant upgrade path gains a 7-day exit window (L2BEAT Stage 2)
- Overhang improves once the 92.65M ARB monthly cliffs end in Mar 2027
Compare with
How the ranking works and how ARB compares: see the full ranking. This entry as JSON:
GET https://tokens.10102.io/api/v1/tokenomics?symbol=ARB