Arbitrum (ARB) — Onchain News & Whale Tracking

10% of fees from Robinhood Chain and other Arbitrum Layer 2 (L2) networks will be allocated to the Arbitrum ecosystem, while 8% will flow to the token holders' treasury.

Offchain Labs co-founder Steven Goldfeder stated that 10% of fees generated by Robinhood Chain and other Arbitrum Layer 2 (L2) networks will flow to the Arbitrum ecosystem. Of that total, 8% will go to a treasury controlled by ARB token holders, while 2% will be earmarked for development funding. This mechanism gives the ARB token holder treasury a steady revenue stream, with the relevant funds potentially used for ecosystem grants, token buybacks, or staking rewards in the future. Should Robinhood Chain’s trading volume continue to grow, it could further strengthen the Arbitrum ecosystem’s revenue-generating capacity.

Privacy public blockchain Secret Network will migrate to Arbitrum.

According to official announcements, privacy public blockchain Secret Network has announced its migration to the Arbitrum ecosystem, with the SCRT token to be converted into an ERC-20 token on Arbitrum. The migration is scheduled to take a snapshot on September 1, 2026. Native SCRT and staked SCRT will be automatically migrated, but sSCRT, SCRT held in contracts or liquidity pools, SCRT bridged to other chains, and IBC-bridged tokens are not covered in the migration and must be converted to native or staked status before September 1. Post-migration, SCRT will remain a governance token, with the team proposing to lower its inflation rate from 9% to 5%. Upon completion of the migration, SCRT Labs will cease maintenance of Secret Network and open-source all its code, and the proposal is subject to a community governance vote. Separately, data from Coingecko shows SCRT is currently trading at $0.03965, down 30.7% over the past 24 hours.

LG Electronics to Launch Advertising Business Blockchain on Arbitrum, ARB Surges Over 5% Within a Day

June 12 update: South Korea’s LG Electronics has selected Arbitrum as the underlying technology to launch a new blockchain network tailored exclusively for the advertising and media industry. The platform will handle ad placement, purchasing, selling, and management, plus track user interaction data related to ads. It will also serve as an advertising inventory sharing database to boost transparency and efficiency across the sector. This marks another major step in LG’s ongoing blockchain efforts. Previous projects from the company include enterprise-level Monachain, the Wallypto crypto wallet, and an operated NFT marketplace. The new chain—built by LG’s Blockchain Research Lab—already ran a pilot test with a Japanese advertising firm. It currently has no official name, and LG plans to assess its commercial potential later this year. Per HTX market data, ARB surged more than 5% in response to this announcement.

Arbitrum Foundation Proposal Seeks Around $43.5 Million Funding for Operations Through 2027

On May 29, the Arbitrum Foundation published a proposal seeking continued funding through 2027, totaling roughly $43.5 million. The request breaks down to $16 million in RWA and stablecoins, plus 1,740 ETH and 230 million ARB. For 2027 alone, the foundation projects total operating expenses will hit approximately $27.6 million and 2.449 billion ARB—with 54% allocated to technical maintenance, and the rest covering administrative management and ecosystem development. Notably, the proposed funding ask falls below the foundation’s pre-set budget ceiling; any gap between the request and total 2027 costs will be covered via its existing balance sheet. On-chain voting on the proposal is scheduled to take place on June 8.

Arbitrum DAO Vote Passes Proposal to "Approve Release of Frozen ETH"

On May 8, the Arbitrum DAO approved the "Unfreezing Frozen ETH" proposal with a 90.96% approval rate. The proposal calls for Arbitrum governance to greenlight the release of 30,765.67 ETH—frozen by the Arbitrum Security Council on April 21—and transfer the funds to a 3-of-4 multisig wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. This address will be used exclusively for recovery efforts involving the unfrozen ETH.

Aave Proposes Emergency Motion to Reverse Asset Freeze Notice on Arbitrum DAO

May 4 — Official sources confirm Aave LLC has filed an emergency motion to overturn an asset freeze notice issued to the Arbitrum DAO on May 1, 2026. The notice sought to freeze roughly $71 million in ETH tied to victims of the April 18, 2026 attack. Aave noted that mere theft does not convey legal ownership of stolen assets — a well-established legal principle. The recovered funds are earmarked for return to users who incurred losses in the April 18 attack; freezing these assets directly harms the very users the recovery effort is intended to protect. Aave has requested the court schedule an emergency hearing to temporarily lift the freeze order and continues collaborating with the Arbitrum community and DeFi United to compensate affected users.

New York Federal Court Orders Arbitrum DAO to Freeze $71 million ETH Linked to North Korean Hackers, Potentially for Compensation to Terror Attack Victims

On May 3, the U.S. District Court for the Southern District of New York issued a restraining order against Arbitrum DAO, barring it from transferring approximately $71 million worth of ETH assets frozen following the KelpDAO hack. The plaintiff is seeking to use these assets to enforce an unpaid judgment related to North Korea’s history of terrorism, kidnappings, and other cases. Court filings show the plaintiff has applied to serve legal notice on Arbitrum DAO via alternative methods and classifies the entity as a liable "partnership organization." The court also noted Arbitrum DAO has a Security Council governed by ARB token holders, with authority to act in emergencies. If members decline to cooperate, they could face legal consequences including contempt of court. Market participants view the case as a potential landmark example of the U.S. judicial system directly impacting DAO governance structures, again underscoring compliance pressures on DeFi protocols within real-wo

Arbitrum DAO has commenced voting on the release of frozen Ethereum funds

Arbitrum DAO launched a vote on Monday, May 1, regarding the release of stolen ETH frozen by the protocol following the Kelp DAO hack. The proposal calls for establishing a multi-signature (multi-sig) address with signers including Aave Labs, KelpDAO, Certora, and EtherFi. This address will be used exclusively for recovery efforts once it receives the frozen ETH held by Arbitrum. As of now, the proposal holds a 100% approval rate. Voting is scheduled to conclude on May 8 at 2:54 a.m. Beijing Time.

Arbitrum Freezes $71 Million in Dispute: Can Decentralization Still Face “Human Intervention”?

On April 24, following the KelpDAO exploit, the Arbitrum Security Council stepped in to freeze over 30,000 ETH (roughly $71 million), successfully preventing the stolen funds from being fully withdrawn. The move has, however, ignited a heated debate over the "decentralization boundary." The operation was carried out by a 12-member security council elected by token holders, who used their special authority to move the attacker’s funds to a "null address"—effectively freezing the assets. Supporters argue the intervention bought critical time for the industry, blocked further money laundering, and served as a necessary "security-first" mechanism. Critics, though, note the incident reveals how even in a so-called decentralized network, key moments can be swayed by a small group. This challenges the core principle of "code is law" and raises concerns about potential future abuses. In response, Arbitrum stated the mechanism was designed to be transparent and community-approved, acti

Aave: The rsETH Reserve has been paused on the Ethereum mainnet, Arbitrum, and other networks to facilitate fund recovery

April 23 — Aave published an update on the rsETH incident: "The rsETH reserve has been suspended across Ethereum mainnet, Arbitrum, Base, Mantle, and Linea. This step aligns with the fund recovery plan aimed at reclaiming as much of the funds as possible. The community will be kept informed of progress as the follow-up process continues."

KelpDAO Attacker Transfers Part of Stolen Funds: Cross-Chain Swaps to Arbitrum, Converts to USDT, and Flows into the Tron Ecosystem

April 22 — PeckShield monitoring shows the KelpDAO attacker has begun transferring stolen assets: they’ve sent some stolen ETH from the Ethereum mainnet to Arbitrum via Across Protocol, swapped it for USDT, then routed it to the TRON DAO ecosystem via LayerZero. This trajectory indicates the attacker is diversifying and laundering funds through multi-chain bridges and stablecoin conversions; further tracking of the fund flow remains ongoing.

Analysis: Arbitrum Freezes KelpDAO Hacker's ETH in System-Level Transaction, Injected via ArbOS by Security Council

On April 21st, Dragonfly General Partner Haseeb Qureshi published an analysis of the Arbitrum Security Council’s freeze of 30,766 ETH belonging to the KelpDAO hacker. Key details from the analysis: - The transaction was an **ArbitrumUnsignedTxType** (EIP-2718 type 0x65/101) — a system-level transaction that regular EOAs cannot sign, and only the Arbitrum Security Council can inject via ArbOS. - This action did **not** involve chain rollbacks or historical state rewrites; it was a *state-level clawback*: the hacker’s private key still works for signing transactions, but the ETH in their address was moved by the chain itself. - The operation showcased the Security Council’s authority in the "catastrophic emergency" scenario outlined in Arbitrum’s progressive decentralization documentation.

Arbitrum Security Council Freezes KelpDAO Hacker's 30,766 ETH

On April 21, the Arbitrum Security Council announced it had taken emergency action to recover 30,766 ETH from an Arbitrum One address tied to the KelpDAO exploit. With law enforcement support, the Council identified the attacker’s identity—prioritizing the security and integrity of the Arbitrum community while ensuring no impact to users or applications. After extensive technical investigation and review, the Council deployed a solution to move the funds to a secure intermediate frozen wallet without altering any other chain state or affecting users. As of 11:26 PM Eastern Time on April 20, the transfer was completed successfully. The original funds-holding address can no longer access the assets; only Arbitrum custodians may take further action to transfer the funds, a process to be coordinated with all relevant parties.

Morpho: Pause of MORPHO's OFT Cross-Chain Bridge on Arbitrum Pending Root Cause Analysis of rsETH Incident

On April 19th, Morpho announced that shortly after the KelpDAO and LayerZero incidents, it has proactively suspended the MORPHO token’s OFT cross-chain bridge on Arbitrum. Cross-chain functionality on Arbitrum will remain suspended until the root cause of the rsETH incident is fully understood.

Arbitrum 2025 Transparency Report: Institutional On-chain Acceleration, RWA Scale Surpasses $800 Million

On March 17, the Arbitrum Foundation released its 2025 Transparency Report, noting that 2025 has emerged as a pivotal year for traditional financial institutions to massively adopt on-chain infrastructure. The report shows the Foundation approved 189 ecosystem partnerships throughout the year, fueling growth in DeFi, infrastructure, and consumer applications. Several traditional finance (TradFi) firms have already launched products on Arbitrum: - Robinhood rolled out tokenized U.S. stocks and ETFs for European users, with nearly 2,000 tokenized assets live within six months; - Asset managers Franklin Templeton, WisdomTree, and Spiko expanded their tokenized financial product lines on the network. Key ecosystem metrics: - Real-World Asset (RWA) value topped $800 million; - Stablecoin supply jumped 80% year-over-year, peaking at nearly $10 billion; - Total on-chain transactions exceeded 2.1 billion; - Over 1,000 projects were developed on Arbitrum by year-end. The

Arbitrum, Plasma, and Avalanche Ranked Top Three in Cross-Chain Bridge Net Inflow over the Past 7 Days

Per DefiLlama data as of March 9, Arbitrum’s cross-chain bridge led all public chains with a 7-day net fund inflow of $6.1575 billion. Plasma and Avalanche followed, posting 7-day net inflows of $4.4233 billion and $2.9088 billion, respectively. In contrast, Ethereum, Mantle, and Hyperliquid recorded 7-day net outflows of $4.364 billion, $1.8356 billion, and $1.5224 billion, respectively.

Arbitrum Foundation Launches Mentorship Program, Offering Resources, Funding, and Strategic Support

On February 24, official sources confirm the Arbitrum Foundation has announced increased support for top application teams building on Arbitrum’s chains—including Arbitrum One and the Robinhood Chain. The foundation today launched applications for its mentorship program, a highly selective initiative supporting up to 15 teams. The application deadline is April 7, 2026, with the program set to kick off on April 13, 2026. Selected teams will receive hands-on guidance on product launches, development, and growth strategies, plus direct ecosystem distribution support and connections to curated investors. The program aims to turn standout developer teams into groundbreaking success stories on Arbitrum.

Xross Road Completes $1.5M Seed Round, with Investment from Arbitrum Gaming Ventures

On February 10, Japanese IP project Xross Road closed a $1.5 million seed funding round, with backers including Arbitrum Gaming Ventures, Decima, Taisu Ventures, BaboonVC and others. The raised capital will be used to build the next-gen IP creation and distribution ecosystem via Xross Road and its AI-powered manga platform HANASEE.

Vitalik Questions L2 Scaling Path, Arbitrum, Optimism, and Base Respond Collectively on "Dehomogenization" Direction

On February 4, Ethereum co-founder Vitalik Buterin recently said the original idea of Layer 2 as Ethereum’s primary scaling solution is “no longer tenable,” calling for Layer 2 networks to evolve toward a more specialized direction. The statement quickly drew responses from major L2 teams including Arbitrum, Optimism, Base, and others. Vitalik noted many Layer 2 solutions still rely on multi-sig bridges and haven’t fully inherited Ethereum’s security. Meanwhile, with higher Gas limits and progress in native Rollup solutions, Ethereum’s mainnet throughput is rising—so Layer 2’s positioning needs to be reconsidered. Optimism Foundation co-founder Karl Floersch expressed support for building a modular Layer 2 covering the “entire decentralization spectrum,” but acknowledged current challenges: long withdrawal periods, immature Stage 2 proof mechanisms, and insufficient cross-chain tools. Arbitrum dev team Offchain Labs co-founder Steven Goldfeder emphasized scaling remains Layer

Arbitrum Co-Founder Backtracks? Post States "Arbitrum is not Ethereum" in Response to Vitalik's Roadmap Controversy

**Key Update: Off Chain Labs Co-Founder Clarifies Arbitrum-Ethereum Relationship Amid Vitalik’s Recent Comments** On February 4th, Steven Goldfeder—co-founder of Off Chain Labs (the team behind layer-2 network Arbitrum)—took to social media to outline core points about Arbitrum’s ties to Ethereum: 1. **Arbitrum ≠ Ethereum**: He stressed Arbitrum and Ethereum are close allies with a five-year symbiotic relationship, not the same entity. 2. **L1-L2 Alignment**: Goldfeder pushed back on the idea that a scaled layer-1 (L1) conflicts with a thriving layer-2 (L2) ecosystem, noting no L2 team he’s aware of opposes L1 scaling. Off Chain Labs actively supports Ethereum’s L1 development, he added, by acquiring and continuously funding Prysm to ensure it has sufficient resources for ongoing work. 3. **L2’s Institutional Edge**: While agreeing with Vitalik’s take that “The Rollup story evolves with time,” Goldfeder argued Ethereum’s best bet for winning large institutions remains L2s. “E

Security Alert: Arbitrum DAO Official X Account Compromised, Please Do Not Interact

On February 3, Arbitrum released an official security advisory noting that the X account @arbitrumdao_gov has been compromised. Please do not click any links from this account or interact with its content until further notice. The team is working to regain access to the account and will share updates as they become available.

BlockSec: FutureSwap Suffers Reentrancy Attack on Arbitrum Chain, Losing Approximately $74,000

January 14th — Per BlockSec Phalcon monitoring, the FutureSwap smart contract on Arbitrum was exploited again, resulting in an estimated loss of roughly $74,000. The attack leveraged a reentrancy bug in a two-step process: First, 3 days earlier, the attacker exploited the vulnerability during a liquidity provision to mint an excessive amount of LP tokens. Then, after waiting 3 days, they burned those illegally minted LP tokens to redeem the underlying collateral, siphoning protocol funds and profiting.

Arbitrum Activates ArbOS Dia Upgrade, Introduces Support for Fusaka EIP

On January 12, official sources confirm Arbitrum has activated its ArbOS Dia upgrade. Arbitrum officials note this is a major tech stack update, adding support for the Fusaka EIP and boosting overall user experience.

Fusion: Arbitrum Network USDC Fusion Optimizer Treasury Hacked, $336,000 Lost

January 7th Security Update: Fusion Discloses Hack of Arbitrum Network USDC Fusion Optimizer Treasury On January 6th, the IPOR team was notified of a vulnerability that resulted in a $336,000 USDC loss. The exploit targeted a specific outdated version of the Fusion Vault—this was the only vault susceptible to the attack vector due to its unique configuration. The loss accounts for less than 1% of Fusion’s total insured funds. Fusion is collaborating with the Security Alliance to track and recover the stolen funds. The IPOR DAO will cover the shortfall from its treasury, and all affected depositors will be fully reimbursed.

Binance: Arbitrum Network Alpha Transaction Contest Rewards Have Been Distributed Starting Today at 11:00

On December 27, official sources confirmed that rewards for the Arbitrum Network Alpha Transaction Race (covering VSN and LAVA) began distribution at 11:00 AM UTC+8 that day. Users who claim their rewards after the first 48 hours will receive an additional 5 Alpha points—either VSN or LAVA, based on which meets the eligibility criteria.

Offchain Labs announces increased holdings of the ARB token, further deepening its commitment to Arbitrum's growth and development

On December 24, Offchain Labs announced its commitment to advancing the Arbitrum ecosystem with tangible steps, noting that growing its direct ARB token holdings aligns with the firm’s long-term interests. The company has boosted its ARB holdings via an established buyback program—these moves deepen its overall investment in building out and developing the Arbitrum ecosystem. Offchain Labs also reaffirms its strong support for the Arbitrum DAO’s strategic priorities: empowering developers, fostering community growth, and advancing technological innovation.

Binance Alpha has now officially integrated the Arbitrum network

On November 27, according to an official announcement, Binance Alpha has now officially integrated the Arbitrum network. New chain active trading users will have the opportunity to receive the Arbitrum chain trading competition mainnet and its chain token exclusive airdrop. The specific rules will be announced separately.

Notional: Withdrawal on the mainnet and Arbitrum will be suspended, and detailed user withdrawal plans will be announced later.

On November 6th, the fixed-rate lending protocol Notional Finance announced a significant update for V3 users. The total bad debt resulting from the Balancer vulnerability on the mainnet amounts to 641.4 ETH, and on Arbitrum, it is 80.2 ETH. Users with positions in the affected Balancer/Aura leverage pools will lose 100% of their position value. Both Ethereum borrowers and liquidity providers on the mainnet and Arbitrum will experience significant depletion of their account values, including those who borrowed against ETH as collateral. The account values of other users will remain unaffected. Notional V3 will cease its operations on the mainnet and Arbitrum. Due to the substantial scale of bad debt, Notional V3 is unable to continue operating normally. Detailed user withdrawal plans will be announced shortly. Users holding cross-currency lending positions on the Notional platform will be automatically migrated to the Aave platform. As Notional V3 is gradually shutting down, users wil

Binance will cease to support the RDNTOLD token deposit on the Arbitrum One network

On November 6th, Binance will stop providing support for the deposit service of the Radiant Capital OLD (RDNTOLD) token on the Arbitrum One network at 11:00 on November 6, 2025. After this time, the Radiant Capital OLD (RDNTOLD) tokens deposited through the Arbitrum One network will not be credited to users' accounts, which may lead to the loss of assets.

The Arbitrum Foundation has announced the three winning projects of its Open House India Hackathon.

On September 24th, the Arbitrum Foundation declared the winning projects at the Arbitrum Open House India IRL Hacker House which was held in Bangalore. The first award was given to the AMA project Orbital AMM Protocol. The second award went to the cross-chain privacy pool Shinobi.Cash. And the third award was presented to the blockchain-native insurance protocol GuardChain.ai. The winning teams will present their projects at the Demo Day on October 6th. Selected teams will have the chance to enter an accelerator program that focuses on market deployment, fundraising preparedness, and deep integration with the Arbitrum ecosystem.

Circle has bridged 2 million USDC from Arbitrum to HyperEVM

On September 15th, based on on-chain data, Circle has just transferred 2 million USDC from Arbitrum to HyperEVM for cross-chain transfer.

ArbitrumDAO has approved a total of 80 million ARB tokens for an incentive program to drive DeFi growth

On September 3rd, ArbitrumDAO made an announcement regarding the first season of its $40 million DeFi Revival Incentive Program (DRIP). This program allocates up to 24 million ARB with the aim of accelerating the growth of decentralized finance on the Arbitrum network. The first season of DRIP focuses on a leverage loop strategy involving yield-bearing ETH and stablecoins. Incentives will be directed towards leading lending protocols such as Aave, Morpho, Fluid, Euler, Dolomite, and Silo. Users can obtain ARB rewards by borrowing selected ETH and stablecoin collateral, including weETH, wstETH, sUSDC, and syrupUSDC. The first season of DRIP emphasizes a leverage loop strategy for yield-bearing ETH and stablecoins and channels the incentive mechanism towards leading lending protocols. Users will receive ARB rewards through borrowing selected ETH and stablecoin collateral. DRIP is divided into four seasons, with a total budget of 80 million ARB tokens.

Arbitrum, Ethereum, and xDai Ranked Top Three in Cross-Chain Bridge Net Funds Inflow Over the Past Week

On September 2nd, based on DefiLlama data, in the past week, the net inflow of funds to the Arbitrum cross-chain bridge reached $2.499 billion, ranking first among all public chains. Ethereum and Xdai came next, with net inflows of $2.11 billion and $84.1 million respectively. Polygon, Solana, and Base witnessed net outflows of $86.35 million, $74.61 million, and $67.44 million respectively.

Arbitrum Foundation performed a regular transfer 9 hours ago, moving 10 million ARB to Coinbase Prime. In the past 2 years, they have sold 350 million ARB.

On August 30th, according to on-chain data analyst Yujin Monitoring, a multi-signature wallet of the Arbitrum Foundation transferred 10 million ARB tokens (approximately $4.99 million) to Coinbase Prime 9 hours ago. It is reported that this wallet unlocks and claims around 15 million ARB tokens each month from the unlocking vesting contract of the Arbitrum Foundation. Out of these, 10 million are transferred to Coinbase Prime. The wallet has been unlocking ARB tokens since July 2023 and has thus far unlocked a total of 414 million ARB tokens. Out of the claimed tokens, 350 million have been transferred to Coinbase Prime. Based on the price at the time of transfer to the trading platform, the value is $318 million, with an average price of $0.91.

Arbitrum Multi-Sig Address Deposited 13.105M ARB to Coinbase Prime, Approximately $6.91M

On August 26th, as per Ashes Monitor, a multi-signature wallet under the control of Arbitrum deposited 13.105 million ARB (approximately $6.91 million) into Coinbase Prime 45 minutes ago.

Morpho Officially Launches on the Arbitrum Network

On August 12th, the lending protocol Morpho officially launched on the Arbitrum network.

Pendle has launched the funding rate trading platform Boros, which debuted on Arbitrum.

On August 6th, Pendle launched the funding rate trading platform Boros on the Arbitrum network. This platform enables users to trade the on-chain funding rate yield of BTC and ETH. Currently, Boros supports trading the funding rates of BTCUSDT and ETHUSDT on the Binance platform and is planned to gradually expand to more assets (such as SOLUSDT, BNBUSDT), more platforms (such as Hyperliquid, Bybit), and more expiry time products in the future. The platform initially focuses on the funding rate market of Binance's BTCUSDT and ETHUSDT perpetual contracts, with the following limits: a maximum open interest of $10 million in nominal value per trading pair; an initial leverage limit of 1.2x. Users can hedge or speculate on future funding rate changes by buying and selling Yield Units (YU), similar to Pendle's YT mechanism. Boros aims to become the core platform in the Pendle ecosystem dedicated to yield trading and plans to integrate RWA yield products like bonds and stocks later to build

Arbitrum, Avalanche, and Unichain ranked in the top three for cross-chain bridge net inflows in the past week

On July 21st, according to data from DefiLlama, in the past week, the cross-chain bridge of Arbitrum witnessed a net inflow of funds amounting to $168 million, ranking first among all public chains. Closely following are Avalanche and Unichain, with net inflows of $85.69 million and $63.51 million respectively. Ethereum, Noble, and Base saw net outflows of $168 million, $47.62 million, and $38.43 million respectively.

Shield Wall: The GMX attacker has transferred 2000 ETH to a new address on Arbitrum

On July 9th, based on PeckShield's monitoring, the tagged address of the GMX attacker has transferred 2000 ETH (approximately $5.3 million) to a new address 0x99Cd...2DAe on Arbitrum. Additionally, the attacker also exchanged approximately 9 million USDC for around 9 million DAI on Ethereum.

GMX: GMX V1 trading on Arbitrum and Avalanche as well as GLP minting and redeeming have been temporarily paused, V2 and GMX token are unaffected

On July 9th, GMX announced that the GLP pool of GMX V1 on Arbitrum had been attacked, with approximately $40 million worth of tokens being transferred to an unknown wallet. The immediate priority is to trace the root cause of this event and make progress in asset recovery. The GMX team has temporarily suspended the transaction functionality of GMX V1 on both Arbitrum and Avalanche, as well as the minting and redemption of GLP, in order to prevent further attacks and protect users from additional losses. It should be noted that this attack does not affect GMX V2, its markets, or liquidity pools, nor does it have an impact on the GMX token itself. Based on the information currently available, the exploit is limited to GMX V1 and its GLP pool.

Robinhood has minted 213 US stock tokens on Arbitrum, spending only $5 in Gas

On July 2nd, the online brokerage platform Robinhood recently batch-issued 213 US stock tokenized assets on the Arbitrum chain at a cost of approximately only $5, laying the groundwork for its upcoming decentralized blue-chip stock trading service for European users. According to the data of the blockchain explorer Arbscan, the platform's deployment address paid only 0.00233 ETH (currently about $5) to complete the tokenization minting of stocks such as Nvidia, Microsoft, and Apple, with an average deployment cost as low as 3 cents per stock token.

Robinhood has deployed 213 stock tokens on Arbitrum or is in related testing.

On July 2nd, as shared by Robinhood CEO Vlad Tenev, the on-chain transaction of the OpenAI stock token (o) was carried out. The Robinhood Deployer: 0xcB…f556 has minted 2,309 o stock tokens on Arbitrum. Moreover, according to @tomwanhh's data, the Robinhood Deployer: 0xcB…f556 has deployed a total of 213 tokens on Arbitrum or is conducting relevant tests, with a total cost of only 0.00233 ETH (approximately $5), averaging $0.03 per transaction. Previously, Robinhood EU announced the launch of the world's first batch of stock tokens for unlisted companies, including tokens for OpenAI and SpaceX.

Robinhood is launching an Arbitrum-based tokenized stock product and is currently building an RWA-specific Layer 2 network.

On Monday, June 30th, the digital brokerage firm Robinhood announced that it will expand its crypto business reach through a series of new measures. These include developing its own blockchain network based on Arbitrum and launching tokenized stock trading. Today, the company launched its tokenized stock product on the Ethereum Layer 2 network Arbitrum for European users. It covers more than 200 US stocks and ETFs and supports 24/7 trading on weekdays. Robinhood stated in a press release that this action will upgrade its European crypto app to a "crypto-powered all-in-one investment platform." Robinhood also confirmed that it is constructing a Layer 2 blockchain network optimized for tokenized assets. This new chain based on the Arbitrum technology stack is intended to support 24/7 trading, self-custody, and cross-chain transfer of tokenized assets. Although the specific launch date has not been disclosed, sources familiar with the matter suggest that it may be launched by the end of t

Arbitrum, Solana, and Unichain ranked as the top three chains for cross-chain bridge net inflow over the past week.

On June 16th. According to data from DefiLlama, the net inflow of funds to the Arbitrum cross-chain bridge was $656 million in the past week. Subsequently, Solana and Unichain had net inflows of $81.11 million and $79.98 million respectively. Ethereum, Bera, and Avalanche witnessed net outflows of $390 million, $78.98 million, and $32.41 million respectively.

James Wynn sold 126,000 HYPE tokens and withdrew all funds back to Arbitrum

On June 2nd, as monitored by LookOnChain, James Wynn has just unbonded 126,116 HYPE tokens (valued at $4.12 million) and sold them at an average price of $32.7, withdrawing all the funds back to Arbitrum. James Wynn initially purchased these HYPE tokens on May 9th and May 12th at an average price of $24.4, realizing a profit of $1.05 million.

Base, Arbitrum, and Mantle ranked in the top three for cross-chain bridge net inflows in the past week

On May 31, as per DefiLlama data, during the past week, the net inflow of funds to the Base cross-chain bridge reached $47.92 million. Subsequently, on Arbitrum and Mantle, the net inflows were $23.23 million and $14.97 million respectively. Ethereum, Bera, and Sei witnessed net outflows of $716 million, $73.86 million, and $22.26 million respectively.

Arbitrum has announced the launch of a Gas Fee Sponsorship Program called "ArbiFuel".

On May 31, the Arbitrum team officially announced the launch of a Gas Fee Sponsorship Program named "ArbiFuel" to assist early-stage teams in delivering more quickly, testing freely, and without the worry of Gas fees. Initially, ArbiFuel will last for three months, starting from May 30, 2025, and ending on August 30, 2025, and it will be open to eligible Arbitrum development teams.

Arbitrum: Will Distribute 400,000 ARB Rewards for Kaito AI Leaderboard

On May 27th, according to an official announcement by Arbitrum, Arbitrum has collaborated with the artificial intelligence Web3 information platform Kaito AI to launch a leaderboard. This leaderboard will distribute 400,000 ARB tokens as rewards within a 3-month period.

Data: Arbitrum, Sei, and Optimism Among Top Three in Cross-chain Bridge Net Inflow Over Past 7 Days

On May 26th, according to data from DefiLlama, the net inflow of funds to the Arbitrum cross-chain bridge in the past 7 days amounted to $1.075 billion, ranking first among all public chains. Subsequently, Sei and Optimism followed, with net inflows of $43.24 million and $32.94 million, respectively. For Ethereum, Bera, and Noble, there were net outflows of $292 million, $79.2 million, and $46.62 million, respectively.

Arbitrum, Ethereum, and Solana Rank Top 3 in Cross-Chain Bridge Net Inflow Over the Past 7 Days

On May 19th, based on data from DefiLlama, the net inflow of funds through the Arbitrum cross-chain bridge in the past 7 days reached $496 million, ranking first among all public chains. Ethereum and OP came next, with net inflows of $56.79 million and $50.80 million respectively. For Bera, Sei, and Unichain, there were net outflows of $201 million, $31.29 million, and $28.35 million respectively.