Injective Unveils inEVM Integration with Arbitrum Orbit
Injective Unveils inEVM Integration with Arbitrum Orbit
馃殌 Injective's Cosmic Leap
Injective has announced the integration of its inEVM with Arbitrum Orbit, enabling ultra-fast transaction speeds across Injective, Cosmos, and Arbitrum. Developed in collaboration with Caldera, inEVM allows developers to leverage customized features of the Orbit tech stack through Injective's native gas token, $INJ, facilitating seamless transfer of assets and liquidity across the three ecosystems. This integration brings the ecosystems together, opening new frontiers for users and developers across Cosmos to explore and create new use cases on Ethereum.
Today we鈥檙e unveiling Injective鈥檚 inEVM integration with Arbitrum Orbit to bring a fully customized interoperable rollup across Cosmos and Ethereum. Built by @injective & @calderaxyz, inEVM enables ultra-fast transaction speeds across Injective, Cosmos, and Arbitrum. Details馃憞
USDai Reaches $50M TVL in Private Beta on Arbitrum
USDai, an AI-powered DeFi protocol on Arbitrum, has achieved a significant milestone by surpassing $50M in Total Value Locked (TVL) while still in private beta phase. Key points: - Protocol remains in private beta testing - Public launch anticipated soon - Demonstrates growing interest in AI-DeFi integration This development follows broader DeFi growth trends, as seen with Spark Protocol's recent success reaching nearly $4B TVL and securing a top 10 position among DeFi protocols with 58.1% monthly growth. Track progress: [DeFiLlama](https://defillama.com/)
Arbitrum Launches Open House Build: 3-Week Buildathon with $33k Prize Pool
Arbitrum announces Open House Build, a 3-week online buildathon starting August 22nd. The program offers: - Mentorship opportunities - Technical workshops - Build competition with $33,000 in prizes This follows their recent Open House Learn initiative, which launched August 5th focusing on beginner-friendly onchain development education. **Key Details:** - Application open now - Program starts: August 22nd - Focus: Onchain project development - Format: Virtual/online [Apply for Open House Build](https://openhouse.arbitrum.io/)
Pendle Launches Boros: On-Chain Funding Rate Trading on Arbitrum
Pendle has launched Boros on Arbitrum, introducing the first on-chain market for trading funding rates. The platform enables users to trade and hedge funding rates from major perpetual markets, starting with BTC and ETH on Binance. Key features: - Introduces Yield Units (YUs) for trading funding rate exposure - Initial leverage capped at 1.2x with $10M per market OI limit - Permissionless markets with settlement at maturity - LPs earn Pendle incentives, swap fees, and APR Notable use case: Protocols like Ethena Labs can use Boros to hedge funding rate exposure for stablecoin yields. Future roadmap includes expansion to more assets, exchanges, and potential integration of real-world assets.
Stylus Physical Redemptions and Mint Deadline
**Stylus** offers a unique opportunity for collectors of **Infinite Rainbows** by @JimenaBuenaVida: - Physical redemptions begin Monday, Oct 7 at 12:00pm ET - Mint deadline: Sunday, Oct 6 at 12:00pm ET - Exclusive minting available at http://mintstylus.xyz Don't miss this chance to participate in both digital and physical art collection. Mark your calendars and prepare for this limited-time event. *Visit the official website for more details and to participate in the mint.*
Arbitrum Welcomes MagicEden and Ubisoft's New Game
Arbitrum is expanding its ecosystem with the addition of MagicEden and a new game from Ubisoft. Key points: - MagicEden, a prominent NFT marketplace, is joining the Arbitrum network - Ubisoft is launching a new game called 'Captain LaserHawk: The G.A.M.E' on Arbitrum - The game, developed by EdenOnline, will feature an upcoming mint For more information about the game and mint process, visit: https://edenonline.ubisoft.com/ **Stay tuned** for further updates on this exciting collaboration between Arbitrum, MagicEden, and Ubisoft.