Four Major Crypto Exchanges Announce Plans to List Arbitrum’s Upcoming Crypto Asset ARB

At least four major crypto exchanges have revealed their plans to list ARB, the upcoming crypto asset from Arbitrum.
The exchanges, MEXC, Huobi, Bybit, and Bitrue, will all list ARB on March 23rd, which is also the date of the token’s airdrop.
📣 #Bybit is excited to announce the upcoming listing of $ARB on our Spot trading platform! @arbitrum
🗓 Mar 23, 2023.
Find out more here: https://t.co/WO6PzlrsBt
Join the special giveaway here: https://t.co/ixutTq6h6b#TheCryptoArk #BybitSpot pic.twitter.com/MhXEXk54vO— Bybit (@Bybit_Official) March 17, 2023
In a blog post this week, Arbitrum developers announced the airdrop. They shared the protocol’s upcoming plans to become a self-executing DAO. To determine which users will receive the crypto assets, the developers created a unique points system that considers various metrics.
Arbitrum is currently ranked fourth among all chains regarding total value locked (TVL), with $1.77 billion, following Ethereum, Tron, and BNB Smart Chain, according to DeFi Llama, a decentralized finance tracker.
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The TVL of a blockchain is the total capital held within its smart contracts, calculated by multiplying the amount of collateral locked into the network by the current value of the assets.
The addition of ARB to the aforementioned exchanges could result in an increase in trading volume and liquidity for the token, as well as attract more users to the Arbitrum network.