Arbitrum

Total value locked, currently 1,454,345,728.85 USD, reflects how much capital is actively deployed in applications on the network and changed by roughly 21 percent over the trailing 30 days, making it a useful indicator of ecosystem activity over time. Active addresses, recorded at 114,671 for the most recent full day and 526,453 over the trailing seven days, provide a direct read on genuine user engagement rather than token price alone. The circulating supply stands at 66.78 percent of the 10,000,000,000 maximum, with 49.74 percent of the total supply still pending issuance, so watching how that dilution overhang changes can inform understanding of how future token releases affect the relationship between market cap and fully diluted valuation. The price relative to the 200-day average, currently 0.923896, and the fact that the token sits 96.22 percent below its all-time high after 958 days, are reference points worth tracking alongside fee and revenue trends to see whether network usage and token valuation move in concert or diverge.

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