Rayls Labs Achieves Major Recognition in Brazil's DREX Pilot
Rayls Labs Achieves Major Recognition in Brazil's DREX Pilot
馃彟 Brazil's Banks Go Crypto
Rayls Labs, a recent addition to the Arbitrum ecosystem, has achieved significant recognition in Brazil's financial sector. Their privacy-focused banking chain has been identified as the leading solution in Phase 1 of the Central Bank's DREX pilot program.
Key points:
- Rayls Labs joined Arbitrum in January 2025
- Focuses on financial institution onboarding
- Serves as a liquidity hub connecting traditional finance to DeFi
- Enables access to Real World Assets (RWAs)
This development marks a notable step forward in bridging traditional banking with blockchain technology in Latin America.
Massive milestone for @RaylsLabs adoption in Brazil! Their privacy-focused banking chain was recognized as the most advanced solution in Phase 1 of the Central Bank鈥檚 DREX pilot program Rayls Everywhere. Arbitrum Everywhere
Rayls recognised as the most advanced solution for DREX 馃煛馃煟 During @TokenNation, Henrique Videira from the 馃嚙馃嚪 Central Bank highlighted Rayls as the leading privacy solution tested in phase 1 of the DREX pilot, with an improved version already live for new use cases. Rayls is
Chain Reaction Initiative Launches on Arbitrum, Highlighting Perpetual Trading Platforms
Arbitrum introduces Chain Reaction, a new initiative showcasing key applications driving ecosystem growth. Four major perpetual trading platforms - **GMX, Rho, Ostium Labs, and Gains Network** - have collectively generated 60% of Arbitrum's perpetual trading volume last month. The network has achieved **$800 billion in cumulative trading volume**, with GMX alone processing over $250B from nearly 700,000 users. GMX's recent platform improvements include: - GMX Express - TWAP Orders - Stop Market Orders - Depth Charts 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 for DeFi Agents
The Arbitrum Foundation announces Trailblazer 2.0, a $1M funding program supporting DeFi agents built with **Vibekit**, a new Arbitrum-native framework developed 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.
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.*