Arbitrum One Sequencer Stalled: Network Traffic Surge

**Arbitrum One reaches 2 billion transactions milestone** as the ecosystem continues rapid growth across multiple sectors. **Key developments:** - Robinhood CEO mentions tokenization will transform finance, with 490+ tokenized assets now available to EU users - DRIP USD assets surge from $300M to over $1B in two months - EtherealDEX launches mainnet alpha as USDe-native perps platform with 100ms block times **DeFi milestones:** - Boros.fi achieves $2.83B trading volume and $4.7B open interest in under 3 months - MorphoLabs hits $485M market size ATH - SiloFinance reaches $113M market size ATH - Variational.io's Omni crosses $1B in 24hr volume **Expansion updates:** - Eldorado.io launches in Honduras, expanding USDT ramps to 13 LATAM countries - ArbiVerse & ArbiPenadas events announced for Buenos Aires Devconnect (Nov 19-21) - SurfLayer goes live for Web3 identity building - ApeChain celebrates first anniversary

**Robinhood has expanded its tokenized asset offerings** to over 490 options for European Union users, marking a significant growth from 400+ assets just a week prior. **Available assets include:** - Tokenized stocks - ETFs - Commodities - US treasuries The platform operates on **Arbitrum**, Ethereum's Layer 2 scaling solution, enabling faster and cheaper transactions for traditional financial instruments in tokenized form. This expansion represents the **convergence of DeFi and traditional finance**, making conventional assets accessible through blockchain infrastructure while maintaining regulatory compliance for EU markets.

**Arbitrum** is hosting multiple events during Devconnect in Buenos Aires this November. **ArbiVerse** - the main flagship event happens **November 19** featuring: - Interactive builder showcases - Technical talks and presentations - Mini games and live music - Food and networking opportunities **ArbiPanadas** follows on **November 21** as a more relaxed community gathering with local delicacies and conversations. The team will also maintain a booth at the main **Devconnect Conference** in the L2 District from **November 17-18**. Registration is open for both events: - [ArbiVerse registration](https://luma.com/ArbiVerseBuenosAires) - [ArbiPanadas registration](https://luma.com/ArbiPanadas-BuenosAires)

**Ethereal launches mainnet alpha** as a USDe-native perpetuals DEX built on Arbitrum One L3. Key features: - **100ms block times** for ultra-fast trading - Direct access to **deep liquidity** - Users earn **USDe rewards** on full margin balance while trading The platform aims to build a comprehensive financial ecosystem around USDe, joining the growing list of projects in the Ethena ecosystem. Traders can now access perpetual futures with significantly reduced latency compared to traditional DEXs.

**Ostium Labs celebrates its first anniversary on Arbitrum** with impressive metrics that showcase rapid growth in the L2 ecosystem. Key achievements in just 12 months: - **Total trading volume**: $22.2B+ - **Total trades executed**: 300K+ - **Active users**: 13.6K+ The milestone demonstrates **strong adoption** of Arbitrum's scaling solution and highlights how quickly projects can gain traction on Layer 2 networks. Ostium's growth reflects the broader **momentum in Arbitrum's ecosystem**, where projects are achieving significant volume and user engagement faster than traditional Layer 1 alternatives.