CoinEx Launches ARB Spot and Futures Trading with Arbitrum Ecosystem Competition

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The launch of Arbitrum’s native token, ARB, marked a pivotal moment in the Ethereum scaling landscape. On March 24, 2023, the Arbitrum Foundation officially rolled out the ARB token, initiating decentralized governance for both Arbitrum One and Arbitrum Nova networks through a newly formed DAO. This milestone included a significant community airdrop—1.162 billion ARB tokens distributed across approximately 625,000 wallets, averaging 1,859 ARB per recipient.

With the token live, major exchanges like CoinEx swiftly listed ARB for trading. Within hours of availability, ARB reached an intraday high of $1.527 on CoinEx. By March 28, ARB had secured a market capitalization exceeding $11.2 billion. Meanwhile, Arbitrum's Total Value Locked (TVL) stood at $2.17 billion according to DefiLlama, reinforcing its position as a leading Layer 2 ecosystem.

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Understanding Arbitrum and the Role of ARB

Arbitrum is a Layer 2 scaling solution designed to enhance Ethereum’s performance by enabling faster transactions and significantly lower fees—all while maintaining Ethereum-level security. It achieves this through its flagship technology, Arbitrum Rollup, which bundles transactions off-chain and posts compressed data back to Ethereum (Layer 1). Fraud proofs are then verified via an interactive "arbitration game" mechanism, ensuring trustless execution.

In addition to Rollup, Arbitrum offers Arbitrum AnyTrust, an alternative chain variant ideal for dApps prioritizing high throughput over full decentralization, further broadening its developer appeal.

The ARB token serves as the governance asset of the Arbitrum ecosystem. It does not function as gas for network operations—users still pay transaction fees in ETH—but it empowers holders to participate in key decision-making processes through the Arbitrum DAO. This includes voting on protocol upgrades, treasury allocations, and strategic directions for both Arbitrum One and Nova chains.

As such, owning ARB grants stakeholders a direct voice in shaping the future of one of Ethereum’s most robust Layer 2 ecosystems—a compelling value proposition beyond mere speculation.

CoinEx Supports ARB with Full Trading Suite

Recognizing the growing importance of Arbitrum in the crypto ecosystem, CoinEx announced full support for ARB on March 24, 2023. The exchange enabled deposits and withdrawals of ARB and launched the ARB/USDT spot trading pair, allowing users immediate access to market participation.

Additionally, CoinEx introduced ARBUSDT perpetual contracts, offering up to 20x leverage for traders seeking enhanced exposure. This move aligns with CoinEx’s ongoing commitment to providing early access to high-potential assets within emerging blockchain ecosystems.

Why Trade ARB on CoinEx?

For traders monitoring Layer 2 developments, having seamless access to ARB on a reliable platform enhances strategic flexibility.

Arbitrum Ecosystem Trading Competition: Win 5,000 USDT

To celebrate the integration of ARB and spotlight other promising projects within the Arbitrum ecosystem, CoinEx launched a time-limited trading leaderboard event.

Event Overview

How to Participate

  1. Visit the CoinEx activity page and click "Register Now"
  2. Trade any of the listed pairs during the event window
  3. Your total trading volume (buy + sell) determines your rank
  4. Top performers split the prize pool based on volume contribution

This competition not only incentivizes engagement but also encourages exploration of innovative DeFi protocols built on Arbitrum.

👉 Boost your trading strategy with real-time analytics and join the next big ecosystem race.

The Expanding Arbitrum Ecosystem

Since its mainnet launch, Arbitrum has rapidly evolved into one of the most active Layer 2 networks. Its ecosystem now spans critical sectors including:

DeFi remains at the core of Arbitrum’s growth. With top-tier protocols like Curve and GMX establishing strong footholds, user adoption continues to climb. Moreover, new incentive programs and grant initiatives from the Arbitrum Foundation are fueling further innovation.

Traders and investors can track native Arbitrum projects directly on CoinEx through the "Arbitrum Native" tag in the market section—offering real-time insights into ecosystem performance.

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To align with search intent around Arbitrum and ARB trading:

These terms have been naturally integrated throughout this article to improve visibility for queries such as “how to trade ARB,” “what is Arbitrum DAO,” and “best platforms for L2 tokens.”

Frequently Asked Questions (FAQ)

What is the purpose of the ARB token?

ARB is the governance token for the Arbitrum network. It allows holders to vote on proposals within the Arbitrum DAO, influencing decisions about protocol upgrades, treasury use, and ecosystem development.

Can I use ARB to pay gas fees on Arbitrum?

No. Gas fees on Arbitrum are paid in ETH, not ARB. The ARB token is solely used for governance and does not serve as a utility token for transaction costs.

Is Arbitrum better than other Ethereum Layer 2 solutions?

Arbitrum stands out due to its mature ecosystem, strong security model using optimistic rollups, and widespread adoption by major DeFi protocols. While alternatives like Optimism and zkSync offer different technical approaches, Arbitrum leads in TVL and developer activity.

How do I claim ARB if I’m eligible?

Eligible users can claim their ARB airdrop directly via the official Arbitrum website by connecting their wallet. However, this article focuses on trading post-airdrop; ensure you verify eligibility through trusted sources.

Does CoinEx support leverage trading for ARB?

Yes. CoinEx offers ARBUSDT perpetual contracts with up to 20x leverage, giving traders flexible options for bullish or bearish positions.

Are there risks involved in trading new ecosystem tokens?

Yes. Tokens associated with emerging ecosystems often experience high volatility. Always conduct thorough research and consider risk management strategies before entering positions.

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Final Thoughts

The introduction of ARB represents more than just another token launch—it signifies a shift toward decentralized governance for one of Ethereum’s most influential Layer 2 networks. With platforms like CoinEx offering early access to spot and futures trading, combined with targeted promotions highlighting the broader ecosystem, users now have powerful tools to engage with Arbitrum’s growth story.

As Layer 2 adoption accelerates and DeFi innovation flourishes on scalable networks, staying informed—and strategically positioned—will be key to capturing long-term value.

Whether you're a trader eyeing short-term opportunities or an investor focused on ecosystem fundamentals, the expansion of Arbitrum presents compelling use cases worth watching closely.