Blockchain.com Expands DeFi Universe with Arbitrum Integration

In the dynamic landscape of decentralized finance (DeFi), Blockchain.com is taking a significant step forward by adding support for Arbitrum on its DeFi Wallet App. This move is a step towards offering a more diverse range of assets and chains in your Blockchain.com DeFi Wallet.

Unlocking Potential

Arbitrum, renowned as the leading Layer 2 (L2) solution on Ethereum, brings a host of benefits.

Arbitrum's attributes, such as low transaction fees, rapid confirmation times (4 blocks per second*), and compatibility with the Ethereum Virtual Machine (EVM), have positioned it as the preferred choice for both developers and users in the DeFi realm. Notably, Arbitrum operates using Ethereum as its native asset, ensuring seamless integration with the broader Ethereum ecosystem.

Objectives of Supporting Arbitrum

• Network Expansion: By incorporating Arbitrum, including Layer 2 solutions, we are broadening supported networks in the DeFi Wallet.
• Access to Arbitrum-Based DeFi: Users will gain seamless access to Arbitrum-based DeFi projects and assets, unlocking new avenues for decentralized financial opportunities.

Benefits of Arbitrum:

• Expanding our DeFi Wallet: This is just the next step in the evolution of the Blockchain.com DeFi Wallet. Expect more chains, and improved app features.
• Swap Cross Chain: Swap from and to Arbitrum using the Blockchain.com DEX Aggregator. Learn more.
• Diverse DeFi Project Access: Connecting through Wallet Connect allows users to explore a broader range of DeFi projects, increasing opportunities for portfolio diversification.
• New Asset Options: Access a more extensive array of assets on Arbitrum, enabling you to explore a variety of digital assets.
• Cost-Efficient Transactions: Enjoy lower transaction fees and faster confirmation times compared to some other blockchains.

We’re excited to launch Arbitrum as the next chain in the Blockchain.com DeFi Wallet. This marks a pivotal moment in the journey towards a more inclusive, versatile, and user-centric DeFi ecosystem.

The Blockchain.com DEX Aggregator is not available in the US. 

*Arbitrum Average Block Time Chart