Arbitrum

24h change: -0.04%. From $0.1672 to $0.1671.

• Paxos launched its USDG stablecoin natively on Arbitrum One with immediate integrations into protocols including Morpho, GMX, Fluid and Maple. Governance proposals seek to direct up to 100 million ARB toward incentives focused on USDG liquidity and usage as part of the DeFi Renaissance Incentive Program. Arbitrum already hosts billions in stablecoin supply and this effort aims to further grow transfer volumes and ecosystem liquidity.
• Daily active addresses on Arbitrum One reached a 90-day high of 571,767 on October 22 before retreating. The surge represented over 400 percent growth week-over-week while transaction counts rose more modestly at 25 percent. This activity occurs alongside leadership in tokenized real-world assets and continued expansion of stablecoins and infrastructure revenue streams.
• Fhenix launched its CoFHE fully homomorphic encryption coprocessor on Arbitrum mainnet around October 21. The technology lets smart contracts perform calculations on encrypted data while preserving on-chain verifiability and composability with Ethereum. Early user tests highlight dual-mode assets that can switch between public and confidential states for applications such as private trading strategies or payroll.

24h change: -7.18%. From $0.18 to $0.1671.

• Fhenix activated its CoFHE fully homomorphic encryption coprocessor on Arbitrum and Ethereum mainnets on October 21, 2026. The technology enables smart contracts to perform computations on encrypted data, allowing users to keep balances and trading strategies private while maintaining on-chain enforcement. Initial access is permissioned for approved contracts, with two applications live at launch and more planned for Q4 2026.
• Paxos launched its USDG stablecoin natively on Arbitrum One on October 6, 2026, with immediate integrations across DeFi protocols including Morpho, GMX, Fluid, and Maple. Arbitrum joined the Global Dollar Network to gain a share of reserve income from stablecoin activity. A governance proposal seeks to allocate 100 million ARB tokens to boost USDG adoption, though the proposal has not yet been approved by ArbitrumDAO.
• Arbitrum's Security Council paused new Stylus contract activations on Arbitrum One and Nova on October 2, 2026, in response to risks from AI-assisted attacks involving hand-crafted WebAssembly programs. The emergency action targets potential denial-of-service threats to network performance but does not affect existing Stylus contracts or standard Solidity deployments. No user funds have been compromised, and no timeline has been set for resuming new activations.

24h change: -2.79%. From $0.1849 to $0.1798.

• Fhenix deployed its CoFHE coprocessor to Arbitrum and Ethereum mainnets around October 21. The technology enables smart contracts to compute on encrypted data without revealing balances or strategies. It supports dual-mode tokens that can switch between public and private states. This addresses privacy barriers for institutional and DeFi users while maintaining on-chain composability.
• A governance proposal seeks to make Paxos' USDG a core strategic initiative and allocate 100 million ARB from the treasury to the DeFi Renaissance Incentive Program. Arbitrum joined the Global Dollar Network with USDG live on its DeFi protocols including Morpho and GMX. The temperature check closed with strong support. This aims to grow stablecoin liquidity and capture associated economic value for the DAO.
• Arbitrum One became the first chain to host over 7,000 tokenized real-world assets with more than $1 billion in value. Growth is driven by tokenized equities, T-bills and private credit. The network also saw daily active addresses reach a 90-day high of over 571,000. These metrics highlight expanding institutional and ecosystem activity alongside new revenue from Robinhood Chain and priority transaction services.

24h change: -4.16%. From $0.1922 to $0.1842.

• Fhenix deployed its CoFHE coprocessor powered by fully homomorphic encryption to Ethereum and Arbitrum mainnets on October 21. The technology enables smart contracts to perform computations on encrypted data, supporting private DeFi strategies, confidential balances, and dual-mode tokens that switch between public and private states in a single transaction. Initial applications include Fluton for encrypted intents and Alpha Engine for private trading strategies. This addresses privacy barriers for institutional and tokenized asset use cases while maintaining composability with existing wallets and protocols.
• Arbitrum launched its Stablecoin Growth Program offering performance incentives and a 2 million ARB prize pool for protocols committing to USDG as primary stablecoin. A DAO proposal seeks to allocate an additional 100 million ARB to the DRIP program, deploy treasury assets for liquidity, and designate USDG growth as a strategic objective. USDG from Paxos is now live with integrations across DeFi protocols including Morpho, GMX, and Fluid. The initiative aims to share in stablecoin reserve economics through the Global Dollar Network.

24h change: -2.62%. From $0.1978 to $0.1926.

• The Arbitrum Foundation launched the Stablecoin Growth Program for protocols holding at least $1 million in stablecoin balances that designate USDG as their primary stablecoin. Eligible teams can receive performance-based incentives, ecosystem support, and access to a 2 million ARB reward pool. The first 10 teams to reach $10 million in 30-day average USDG TVL can each receive up to 200000 ARB. A related DAO proposal seeks to allocate an additional 100 million ARB to further drive adoption and liquidity. USDG launched natively on Arbitrum One in early October with integrations across major DeFi protocols.
• Priority Gas Auctions and Fast Feed are now live, allowing users to bid for transaction priority and providing low-latency data services. These features have generated more than $200,000 in combined fees. The majority of this revenue flows to the Arbitrum DAO treasury. The update aligns with broader ecosystem progress including over 7400 tokenized real-world assets on Arbitrum One and strong stablecoin transfer volumes.
• Approximately 92.65 million ARB tokens unlocked on October 16 for team, investors, and advisors, representing about 1.4 percent of circulating supply. ARB has traded near $0.19 with 24-hour price changes between negative 2 and 4 percent in recent sessions. The token remains more than 92 percent below its all-time high of $2.39 reached in January 2024. Ecosystem developments around stablecoins and infrastructure continue in parallel with these unlocks.