Arbitrum

Ethena Labs and Securitize announce Converge, a new Arbitrum chain designed for onchain finance and RWA settlement. Key features: - **$7B in initial liquidity** from USDe and Blackrock BUIDL - Native gas tokens: USDe and USDtb - 100ms block times (targeting 50ms) - Celestia-powered validator network - Multi-language smart contracts via Stylus upgrade The platform will integrate ~$5B from Ethena's ecosystem and ~$2B from Securitize's tokenized assets. Converge joins 80+ announced Arbitrum chains, focusing on bridging traditional finance with DeFi. [Learn more](https://www.convergeonchain.xyz/blog-posts/converge-tech-specification-roadmap)

Estate Protocol has officially launched their real estate tokenization platform on the Arbitrum network. This follows a growing trend of bringing traditional real estate assets on-chain, with YieldBricks making similar moves last month. The platform aims to facilitate the tokenization of real estate assets, making property investment more accessible and liquid through blockchain technology. - Platform launched on Arbitrum L2 network - Follows YieldBricks' similar initiative in March - Focus on real estate tokenization and accessibility *This marks another significant step in bridging traditional real estate with blockchain technology.*

**Everclear (@EverclearOrg)** has completed its full mainnet launch on Arbitrum, introducing a new solution for cross-chain rebalancing. The platform now enables transfers between Layer 2 networks and Layer 1 blockchains. Key features: - Integration with Arbitrum network - Support for both L2 and L1 transfers - Competitive fee structure - Focus on efficient cross-chain operations The launch represents a significant step in improving interoperability between different blockchain networks while maintaining cost-effectiveness.

Huddle01's decentralized communication platform on Arbitrum shows significant growth in the DePIN (Decentralized Physical Infrastructure Networks) space. Key metrics: - 23,000+ active users on MeetOnHuddle01 streaming app - 2,000+ nodes supporting network infrastructure - Full integration with Arbitrum's ecosystem The platform combines decentralized infrastructure with user-friendly streaming and chat features, demonstrating practical Web3 communication solutions. [Learn more about Huddle01's growth](https://blog.arbitrum.io/driving-depin-innovation-on-arbitrum-with-huddle01/)

**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 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.

Arbitrum's autumn season is marked by significant milestones: - **1 billion transactions** on Arbitrum One - **1 million** Infinite Rainbows Stylus NFTs minted - First Layer 2 solution on Uniswap to reach **200 billion in swap volume** These achievements highlight Arbitrum's growing adoption and utility in the blockchain ecosystem. The platform continues to demonstrate its scalability and efficiency as a leading Ethereum Layer 2 solution. *What's next for Arbitrum?* Stay tuned for future developments and potential new records.

The Arbitrum Builders Bounty Challenge is now live, offering developers an opportunity to showcase their skills and win a share of a $10,000 grant. Key points: - Challenge focuses on building decentralized applications (dApps) - Total prize pool: $10,000 - Open for participation now Interested developers can join the challenge and submit their dApps for consideration. This event provides a platform for innovators to demonstrate their creativity and technical prowess in the Arbitrum ecosystem. For more details and to participate, visit: https://earn.stackup.dev/campaigns/arbitrum-builders-bounty-challenge/quests/bounty-showcase-your-dapp-926d Don't miss this chance to build, learn, and potentially earn!

The Arbitrum Portal has undergone another significant update, focusing on enhancing the Orbit ecosystem experience. Key improvements include: - Introduction of Orbit modules - Statistical insights into the Orbit ecosystem - Enhanced discoverability for Orbit chains These upgrades aim to provide users with a more comprehensive and user-friendly interface for interacting with the Orbit ecosystem. To explore the new features and improvements, visit: https://portal.arbitrum.io/orbit/ecosystem *Note: This update represents Arbitrum's ongoing commitment to refining and expanding its ecosystem offerings.*

Arbitrum Arcade participants have been granted early access to Bungee Exchange's new protocol. This opportunity allows select users to explore and test the platform's features before its wider release. Key points: - Early access is exclusive to Arbitrum Arcade participants - Bungee Exchange is launching a new protocol - Participants can experience the platform's features firsthand **Note**: This early access phase is crucial for gathering user feedback and identifying potential improvements before the full launch. *Interested participants should check their eligibility and access details through official Arbitrum Arcade channels.*