# $ARBI airdrop goes live 

By [Deepak Yadav ](https://paragraph.com/@deepak-yadav) · 2023-03-28

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**$ARBI airdrop goes live** 

The much-anticipated airdrop of the governance token of [Arbitrum](http://r.tradedog.io/lnk/AWAAABDk4NwAAcjkUgYAAB69R9UAAAAArakAAJvYABjqLABkIc83jL_SnAuLSk-gnaGeOMTBRwAYRVE/8/sagh3Sbf3NBgUEs1Tt4oew/aHR0cHM6Ly93d3cuY29pbmRlc2suY29tL3RlY2gvMjAyMy8wMy8yMy9hcmJpdHJ1bS11c2Vycy1jbGFpbS00Mm0tYXJiLXRva2Vucy1pbi1maXJzdC1ob3VyLW9mLWFpcmRyb3Av) took place on Mar 23, and the claiming process started on Mar 24 around 1 AM UTC. The platform allocated 11.62% of the token’s circulating supply to the early supporters of the platform and 1.13% to developers building on it. 

In the first hour, more than 42 million ARB tokens were claimed. Almost 23K unique wallets out of 625K eligible wallets took advantage of the airdrop. The token was introduced to its market via Uniswap, trading at $3.99 and launching on exchanges like Bybit with a launch price of $7.50 and witnessed an ATH of $11.80

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*Originally published on [Deepak Yadav ](https://paragraph.com/@deepak-yadav/arbi-airdrop-goes-live)*