Chainlink Provides Liquid Restaking Pricing Data for Renzo on Arbitrum
Chainlink Provides Liquid Restaking Pricing Data for Renzo on Arbitrum
馃敟 Liquid Restaking Unleashed
Renzo, a liquid restaking protocol, has become the first to receive a Chainlink data feed on Arbitrum, Ethereum's layer 2 scaling solution. This integration brings secure and precise liquid restaking pricing data to the Arbitrum ecosystem, benefiting decentralized finance (DeFi) platforms like Balancer, CamelotDEX, Pendle.fi, Gearbox Protocol, and Silo Finance. The development is expected to enhance the tier 1 DeFi experience on Arbitrum.
Renzo is the first Liquid Restaking Protocol to receive a #Chainlink data feed on @Arbitrum馃敟 @Chainlink brings secure, precise liquid restaking pricing data to the Arbitrum ecosystem on @Balancer @CamelotDEX @pendle_fi @GearboxProtocol & @SiloFinance Get ready for tier 1 DeFI
Chain Reaction Initiative Launches on Arbitrum, Highlighting Perpetual Trading Platforms
Arbitrum introduces **Chain Reaction**, a new initiative showcasing applications driving growth across the network. The first focus is on perpetual trading platforms: - GMX - Rho - Ostium Labs - Gains Network These four platforms generated **60% of all perpetual trading volume** on Arbitrum last month. The network has achieved a remarkable *$800 billion* in cumulative trading volume. The initiative will explore each platform's features and growth metrics in upcoming weeks. [View stats on DefiLlama](https://defillama.com/perps/chain/arbitrum)
Arbitrum Timeboost Collects $1.15M in Fees Over 6 Weeks
Arbitrum's Timeboost feature has demonstrated significant traction since its launch on Arbitrum One: - Accumulated $1.15M in total fees over 6-week period - Shows promising signs as sustainability driver for Arbitrum ecosystem - Started with Express Lane Auction functionality For detailed analytics and metrics, view the [Entropy Advisors dashboard](https://dune.com/entropy_advisors/arbitrum-timeboost).
Arbitrum Launches $1M Trailblazer 2.0 Grant Program
The Arbitrum Foundation announces Trailblazer 2.0, a $1M grant program supporting DeFi agents and contributions built with Vibekit, a new Arbitrum-native framework by EmberAGI. Key Features: - Up to $10k per submission - Supports DeFi agents, templates, and add-ons - Integrates with GMX, Pendle, Aave, and CamelotDEX - Tools from Playgrounds, Eliza, Hyperbolic Labs supported Priority areas include: - Complex DeFi strategy templates - Backtesting suite development - Frontend components - Farcaster Mini Apps [Submit contributions](https://github.com/EmberAGI/arbitrum-vibekit/blob/main/CONTRIBUTIONS.md) or check the [bounty board](https://github.com/orgs/EmberAGI/projects/13) for opportunities.
GMX Express Launches on Arbitrum
Blueberries has launched GMX Express on Arbitrum, marking a significant advancement in DeFi accessibility. The new platform aims to streamline user experience on GMX, one of the leading decentralized perpetual exchanges. Key features: - Simplified trading interface - Integration with Arbitrum network - Enhanced user accessibility This development represents a practical step forward in making decentralized finance more approachable for mainstream users.
Arbitrum Announces Exclusions from Kaito Bounty Program
Arbitrum has announced that affiliated accounts will be excluded from participating in the Kaito Arbitrum Bounty program. - A comprehensive list of ineligible organizations will be released soon - The announcement aligns with Arbitrum's ongoing community engagement initiatives - Further details can be found in Arbitrum's official blog post [Read the full announcement](https://blog.arbitrum.io/start-yapping-on-arbitrum-everywhere/)