Arbitrum token jumps 23% in 24 hours as open interest rises

2026年9月4日02:20 (50d ago)

Arbitrum's token price rose 23% over the past 24 hours.
30% Open Interest growth accompanied positive funding rates and the token's advance.
Arbitrum's market capitalization exceeded $900 million for the first time since January.

Arbitrum's token price rose 23% over the past 24 hours and 61.6% since Aug. 31. The rally coincided with a 30% increase in open interest, representing the value of outstanding derivatives contracts, and positive funding rates, which indicate that bullish-position traders were paying bearish-position traders. Arbitrum's market capitalization also surpassed $900 million for the first time since January.