Arrows

Arrows are a form of Ammunition fired from a Bow. While they require resources to craft and use, the resources required to build the basic wooden and flaming arrows are more than abundant. Arrows are particularly powerful early game, where even a Copper Bow with simple wooden arrows will deal double the damage a sword can. Wooden arrows should be upgraded to flaming arrows, as it does not require a lot of resources, and greatly increases their usefulness.

Bows consume arrows from the Inventory in order from top-left to bottom-right.

Arrow Types
Wooden Arrows are the most basic arrows available, requiring merely one Stone Block and one Wood to craft 5 arrows. Early game, they are somewhat powerful.

Flaming Arrows are "lit" Wooden Arrows, created with Torches. For realism's sake, they do not require any tools, and can be crafted anywhere. They emit light when fired or dropped as an item. The late-game bow Molten Fury lights all fired Wooden Arrows into Flaming Arrows.

Unholy Arrow are very strong arrows that can pierce through enemies multiple times. Because of this, their effective damage output is much higher than a normal arrow, especially against a boss. After defeating the Eater of Worlds on a given world, they can be purchased from an Arms Dealer NPC for at night.

Jester's Arrows can only be found in Chests, and are consumed after use. Because of this, it is hard to stockpile them. They are most effective against swarms of monsters, or bosses like the Eater of Worlds. Jester's Arrows leave a trail of sparkles behind them, greatly lighting up the area.

Hellfire Arrows are found in the underworld or crafted using Hellstone. They are consumed after use, since they explode upon impact with anything, making them non-retrievable. After defeating the Wall of Flesh on a world, they can also be purchased from the Demolitionist NPC. The cost is per arrow.

Holy Arrows are made by using 35 Wooden Arrows, 6 Pixie Dust, and 1 Unicorn Horn. Despite only dealing 6 extra damage, they can deal up to 24 damage with the 2-3 fallen stars summoned at the location where the arrow hit. These fallen stars seem to deal around the same damage as the arrow itself.

Cursed Arrows are created by using 15 Wooden Arrows and 1 Cursed Flame. They are the most powerful arrows in the game, dealing 14 extra damage. In addition, they inflict the Cursed Inferno debuff, dealing additional damage over time.

Re-use
It is possible to re-use many arrows, especially Wooden and Flaming Arrows which have a high drop rate after being fired. Arrows have a chance to break, regardless of what they hit (arrows break as much against Slimes as they do against Bricks).

Wooden Arrows fired from the Molten Fury are considered to be Flaming Arrows and have a chance to be recoverable as such.

Jester's Arrows and Hellfire Arrows are always consumed, and cannot be re-used.

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