Blofin is pleased to announce the listing of Arbitrum (ARB) on our perpetual markets. The perpetual trading of ARBUSDT is set to commence on March 23rd, with updates being implemented across both web and app interfaces. The details are as follows:
ARBUSDT Perpetual Swap:
Feature | Details |
Underlying | ARBUSDT Index |
Settlement Coin | USDT |
Face Value | 1 ARB |
Price Quotation | 1 ARB value calculated in USD equivalent |
Leverage | 1-75x |
Trading Hours | 24/7 |
Tick size of the ARBUSDT contract will be released upon listing. The price limit rules of ARBUSDT-Margined perpetual contract trading are the same as those of other currencies. Please refer to our trading guides for further details: https://blofin.zendesk.com/hc/en-us/sections/6200931036431-Trade-on-Blofin
Introduction
$ARB is the native token of Arbitrum project. Arbitrum is a layer-two blockchain for Ethereum using optimistic rollups as scaling technology. The Arbitrum blockchain uses rollups to combine multiple transactions into one, lowering on-chain transaction costs and boosting scalability. This allows Arbitrum to achieve a throughput of up to 40,000 transactions per second at a significantly lower gas cost than on the Ethereum mainnet.
Project name: Arbitrum
Ticker: ARB
Total Supply: 10,000,000,000
Circulating Supply: 1,275,000,000 (2023.03.24)
Contract: 0x912CE59144191C1204E64559FE8253a0e49E6548
Risk warning: Trading crypto futures involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take your level of experience into consideration, investment objectives, and seek independent financial advice if necessary.
Regards,
Blofin team
Twitter: https://twitter.com/Blofin_Official
Telegram: https://t.me/BlofinEnglish
Discord: https://discord.gg/sn3uu2BByU