Arbitrum has had a busy few weeks since early October.
@arbitrum ($ARB) is an Ethereum layer-2 network, and its tech also powers other chains such as Robinhood Chain.
Here are some key developments:
[Oct 6] Paxos-issued USDG went live on Arbitrum One, with Uniswap, GMX and Morpho among the first apps
[Oct 15] The Arbitrum Foundation opened a Stablecoin Growth Program with a 2M ARB prize pool for apps that adopt USDG
[Oct 21] Fhenix launched its privacy layer on Arbitrum, letting smart contracts work with encrypted data
[Oct 22]
@aeroxyz, the merged Aerodrome and Velodrome DEX, went live on Arbitrum and six other networks
[Oct 30] Arbitrum’s Security Council froze about 8,426 ETH and 74.56M ARB tied to the Binance exploit
[Nov 4] Robinhood Chain (
@RobinhoodCrypto), built on Arbitrum tech, passed $1.07B in total value locked
[Nov 5]
@binance asked the Arbitrum DAO to return the frozen funds; a vote process expected to take about seven weeks
ARB trades at $0.1674, up almost 7% over the past day and 3.7% on the week.