Arbitrum Foundation Grant Awarded to IQ Protocol for NFT Rental Technology Launch

**DeFi Week** kicks off on the Kaito x Arbitrum leaderboard from November 10-16. Creators can earn from a **700,000 ARB bounty** by posting about Arbitrum DeFi topics including: - Real World Assets (RWAs) - Stablecoins - Perpetuals and derivatives - Lending and borrowing protocols **Key Details:** - All creator sizes welcome, no minimum threshold - Must tag @KaitoAI when posting - Arbitrum-associated accounts excluded from bounty - Part of ongoing Season 2 program This builds on Month 2 of the leaderboard competition that began November 1st. [Learn more about Season 2](https://blog.arbitrum.io/arbitrum-x-kaito-season-2/)

**Real World Assets (RWAs) on Arbitrum hit $1 billion**, marking a significant milestone for the Layer 2 ecosystem. **Key developments this week:** - **Robinhood expanded** with 100+ new tokenized assets, bringing total to 644 assets worth $8.26M on-chain - **Timeboost generated $4.65M** in fees for ArbitrumDAO since April launch - **OstiumLabs reached $25B** in cumulative trading volume - **SecurityOak launched StylusPort**, enabling Solana developers to port apps with full EVM compatibility **New launches and expansions:** - **0xCapx went mainnet** with AI-powered applications - **AlloyX launched Real Yield Token (RYT)** setting new DeFi yield standards - **Peanut payments app** expanded to Argentina and Brazil for instant USD/peso conversions - **Pieverse.io integrated** x402b-driven payments for autonomous AI transactions **Community growth:** Arbitrum hosted builder meetups in Brazil and Jakarta, strengthening global developer connections. AJ Warner presented Arbitrum as a "digital sovereign nation" at NYSE, calling it "a new era for crypto and capital markets." The ecosystem continues expanding across DeFi, AI, and real-world applications.

**Arbitrum** is hosting a local builder meetup in **São Paulo** as part of their Devconnect activities. **Event Details:** - Date: November 7th at 4 PM - Partner: GMX_IO at ArbiLink - Focus: Connecting onchain founders with Brazilian Arbitrum community This São Paulo event follows Arbitrum's broader **"Arbitrum Everywhere"** initiative, which includes: - ArbiVerse Buenos Aires (Nov 19) - flagship event with showcases and entertainment - ArbiPanadas (Nov 21) - community networking - L2 District presence at main Devconnect (Nov 17-18) [Register for São Paulo meetup](https://luma.com/ArbiLink-Brasil)

**The Uniswap Cup** is set for November 16th in Buenos Aires during Devconnect. - **32 teams** competing in 8 groups - Single-day football tournament format - Arbitrum team expressing strong confidence in victory The event coincides with Devconnect, making it accessible for crypto community members already traveling to Buenos Aires. **Registration** is open through the provided Luma link for those interested in attending or supporting their favorite crypto projects. This represents a unique blend of **sports and crypto culture**, bringing together different blockchain communities in a competitive but fun environment. [Register here](https://luma.com/29afvkpj)

**Arbitrum is offering $500K in funding** for builders focused on onchain innovation. - Applications are being accepted for what's described as crypto's top accelerator program - **Deadline is today** - immediate action required for interested developers - Funding targets builders specifically working on Arbitrum ecosystem projects This follows previous funding initiatives, including a $3 million grant program via Alchemy for Arbitrum chain development. **Apply now** if you're building onchain solutions on Arbitrum.