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In its first month online, priority fees reached $300,000 in revenue, with 21 million transactions on Arbitrum One using PGA

Odaily report: According to Arbitrum monitoring, one month after Arbitrum One went live, it has generated $300,000 in priority fee revenue, during which 21 million transactions used PGA.

Fhenix Mainnet Launches, Arbitrum Supports FHE Privacy Transactions

Arbitrum posted on X that the Fhenix mainnet has launched, bringing FHE-powered privacy features to Arbitrum. Users can now switch transactions from public mode to private mode via Fhenix Dual Mode.

Multiple Arbitrum DAO governance proposals have entered voting, including an additional 100 million ARB to support the USDG ecosystem.

According to the Arbitrum Foundation Governance Forum summary, Arbitrum DAO currently has four temperature check votes concluding on October 22, covering the Ethereum Glamsterdam upgrade adaptation, L1 governance recovery mechanism, treasury ETH transfer, and the USDG strategic plan. Among them, Entropy proposes designating USDG as one of the core strategic initiatives for Arbitrum DAO, requesting an additional 100 million ARB from the DAO treasury allocated to the DRIP budget, while also adjusting the project timeline and permitted uses. Additionally, it is proposed to route AEP net fees into the ATMC and convert them into USDG to support the growth of USDG on Arbitrum.

Rain launches embedded stablecoin wallet, supporting 12 blockchains and connecting to 175 million merchants worldwide

stablecoin payment platform Rain has launched an embedded stablecoin wallet that partners can integrate into their own applications, with services including bank cards, virtual accounts, rewards, fiat on-ramps and off-ramps, and global payouts. The wallet supports 12 blockchains: Arbitrum, Avalanche, Base, BNB Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync. It can hold stablecoins such as USDC and USDT as well as other crypto assets, and can be used for spending at 175 million merchant locations worldwide through bank cards issued by Rain. The non-custodial wallet is now available to Rain partners, while the custodial wallet and stablecoin balance yield features are expected to launch by the end of 2026.

Robinhood Chain Evaluates Arbitrum's New Paid Transaction Sequencing Technology

Odaily News: Robinhood Chain is evaluating Arbitrum's improved paid transaction sequencing technology. This technology allows paid transactions to gain sequencing priority.Robinhood Chain currently uses a first-come, first-served transaction sequencing mechanism and has not yet adopted the original Time Boost version introduced by Arbitrum. (CoinDesk)

Arbitrum Network Holds About $3.8 Billion in Stablecoins, USDG Lands in Its DeFi Ecosystem

Odaily News: Global Dollar (USDG), issued by stablecoin issuer Paxos, will launch in the DeFi ecosystem of Ethereum Layer 2 network Arbitrum, covering Morpho, GMX, Fluid, and Maple, with Kraken providing fiat on-ramp and off-ramp services.Arbitrum aims to capture a portion of the economic benefits generated by stablecoins on its network. The network currently holds about $3.8 billion in stablecoins, of which about 60% is USDC issued by stablecoin issuer Circle.Stablecoin alliances are growing. OpenUSD has gained support from Mastercard, Visa, Stripe, Coinbase, and Shopify, while Qivalis has secured backing from 37 European banks. (CoinDesk)

Arbitrum Joins Paxos’ Global Dollar Network, USDG Officially Launches on Arbitrum Network

According to CoinDesk, Ethereum Layer 2 network Arbitrum announced its addition to the Paxos-led stablecoin alliance Global Dollar Network (GDN), with its issued US dollar stablecoin USDG officially launched on the Arbitrum network.

Fairblock Launches Privacy Stablecoin CUSD on Arbitrum, Supporting Public or Private Transfers

Odaily News: Decentralized privacy solution Fairblock has announced the launch of privacy stablecoin CUSD. CUSD is built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate. It is initially deployed on Arbitrum and supports public transfers, as well as the ability to hide payment amounts and account balances. Institutions can use it to protect payroll distribution, treasury management, and OTC settlement information, while individuals can hide on-chain payment amounts and transaction flows. Fairblock stated that it will subsequently drive adoption and expand the use of privacy features through economic incentives, with more details to be announced separately.

Bitget Security Incident 12-Hour Progress Report: Cold Wallets Secure, No Commitment to Withdrawal Recovery Timelines That Cannot Be Fulfilled

Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.

Fees Reach $114 Million, Robinhood Chain's August DEX Trading Volume Rises to $1.5 Billion

Odaily reports: According to Spartan Capital monitoring, Robinhood Chain launched its mainnet on July 1, 2026. By the end of August, on-chain TVL had grown to $711 million, with August on-chain gas revenue reaching $6.6 million. The majority of August trading volume came from Uniswap, and on August 31, single-day on-chain fees briefly reached $2.1 million.Robinhood operates the sequencer and receives approximately 90% of on-chain fees; after deducting Ethereum settlement costs and the 10% licensing share paid to Arbitrum DAO, August net revenue was approximately $6 million.Robinhood Earn users deposited USDG and borrowed through Morpho, with deposits growing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of TVL at the end of the month. Users' estimated annualized yield was approximately 7%, while the lending side yield was approximately 3.7% at the end of August, with the spread subsidized by incentive funds from Morpho and its lending partners.As of the end of August, more than 340,000 tokens had been issued on-chain; Meme tokens paired with Robinhood Stock Tokens recorded $518 million in trading volume in August. Currently, on-chain trading activity is primarily driven by crypto-native users, and Robinhood's 27 million funded accounts have not yet migrated to the chain at scale. Robinhood wallet gas subsidies will continue until September 29, and Earn yields are planned to be gradually reduced.

Binance.US Launches Self-Custody Wallet Binance.US Wallet

Odaily News: Binance.US has announced that Binance.US Wallet, a self-custody wallet built into its App, is now available to eligible iOS and Android users. Without leaving the Binance.US App, users can switch between the centralized exchange and the wallet, and access tens of thousands of tokens and hundreds of DApps, with support for major blockchain networks including Ethereum, BNB Chain, Base, Arbitrum, Polygon, Solana, and Robinhood Chain.Binance.US stated that the wallet uses seed-phrase-free key sharding technology, splitting keys for storage across the user's device, personal cloud storage, and Binance.US. Users need at least two of these key shares to access the wallet, and Binance.US holds only one. In addition, users can export their private keys at any time or import the seed phrase of an existing wallet. Binance.US also plans to support cryptocurrency transfers between the exchange and the wallet, buy and sell functionality via convenient payment methods, and more tokens, blockchain networks, and DApps in the future.

Binance Adds Cross-Margin Leverage Trading Pairs ARB/U and ENA/USD1

According to a Binance announcement, Binance Leverage now supports cross margin leveraged pairs for ARB/U and ENA/USD1.

Merge into Frontier as Camelot and Cypher pivot to Uniswap v4 infrastructure

Odaily reports: DeFi protocols Camelot and Cypher have announced their integration under a new brand, Frontier, focused on building programmable market infrastructure based on the Uniswap v4 Hooks mechanism. Together, the two had previously processed over $100 billion in spot trading volume across Arbitrum and Ethereum, and supported the launch of more than 45 projects; 15% of the total supply of Frontier's token FRONT will be allocated to holders of both parties, and GRAIL, xGRAIL, CYPH, and xCYPH holders can migrate within 30 days. Frontier has already launched on Robinhood Chain, with plans to expand to Ethereum mainnet and Arbitrum, while Camelot and Cypher will gradually cease independent operations.

On the sixth day after Circle's Arc mainnet launched, transaction fees dropped to approximately $9,218, down 96.7% compared to the first day.

According to @defioasis citing Dune data, network transaction fees on Circle's Arc mainnet dropped to approximately $9,218 on its sixth day since launch (September 21), down 96.7% from the first day. During the same period, the daily transaction fees for Robinhood Chain, Base, Arbitrum, and Sui were approximately $312,000, $139,000, $22,300, and $11,500, respectively.

Binance will list ARB/U and ENA/USD1 spot trading pairs.

According to a Binance announcement, spot trading pairs ARB/USDT and ENA/USDT will be listed on September 22, 2026, at 16:00 (UTC+8), with spot algorithmic order services simultaneously enabled for them. Additionally, spot grid and spot DCA (Dollar-Cost Averaging) services will be enabled for NVDAB/USDT and QQQB/USDT.

Standard Chartered expects ARB to reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million

Odaily News: Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that ARB is expected to reach $10 by the end of 2030. The forecast uses $0.14 as a reference price, approximately 48 times the current price of $0.21; its annual targets also include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029.Arbitrum's monthly revenue for September is projected to reach $5 million, representing a more than 5x increase from before Robinhood Chain's launch. Robinhood Chain launched its public chain mainnet on July 1 based on the Arbitrum platform, targeting tokenized assets and decentralized finance applications; under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% supporting the Arbitrum Developer Guild.ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It currently does not represent on-chain asset ownership, nor is there a mechanism for directly capturing Arbitrum revenue. Standard Chartered noted that a slowdown in the tokenization process, competing blockchains, and ARB's lack of a direct value capture mechanism are the main risks facing this forecast. (Bitcoin.com News)

Polygon Founder: 100 Million POL to Be Permanently Burned Soon, Polygon Revenue Outperforms Near and Arbitrum

Odaily reports: Polygon founder Sandeep posted on X that Polygon is preparing to permanently burn 100 million POL tokens. The relevant contract is currently on testnet and will go live on mainnet after final sign-off by the Polygon Council. Once live, anyone can trigger the initial burn, after which community members can execute a burn once per quarter.Sandeep added that Polygon's year-to-date revenue is approximately $24.5 million, higher than Arbitrum's $8.41 million and NEAR's $5.6 million. POL's supply has been in a deflationary state since January 2026, and the network's TPS has increased 10x to 5,000.

CryptoRank: Hyperliquid Tops with $240 Billion in Perpetual Contract Trading Volume Over the Past 30 Days

According to CryptoRank, in the ranking of perpetual contract trading volume across public chains and ecosystems over the past 30 days, Hyperliquid leads with $240 billion in trading volume, firmly holding its dominant market position. Arbitrum ranks second with $47.2 billion, performing best among general-purpose public chains; Solana ranks third with $46 billion. Following closely are Lighter ($45.6 billion), Ethereum mainnet ($44.9 billion), and edgeX ($42.3 billion).

Bitget Wallet Integrates RWA Protocol Reality, Supporting Over 1,700 Tokenized US Stocks

Odaily News: Bitget Wallet has announced its integration with RWA protocol Reality, opening trading access to over 1,700 rToken tokenized US stocks. Through this integration, users can trade tokenized US stocks 24/7 on Arbitrum and Morph without needing to open an overseas brokerage account, submit KYC, complete a W-8BEN form, or arrange a wire transfer. Dividends generated by the corresponding underlying assets will be credited to Bitget Wallet in USDT at a 1:1 ratio.Reality is a compliant tokenized asset issuance platform, licensed under El Salvador's digital asset issuance law framework. Its issued rTokens are backed 1:1 by real US stocks, currently supporting over 1,700 tokenized US stocks including rTSM, rNVDA, rAAPL, and rQQQ, covering approximately 95% of US market trading volume. rTokens can connect directly to liquidity across all US markets including Nasdaq and the NYSE, with underlying assets compliantly custodied by FINRA-licensed broker-dealer Alpaca Securities, maintaining a reserve ratio exceeding 100%, with third-party CPA firms issuing daily real-time Proof of Reserve (PoR). This integration will further advance Bitget Wallet's Everyday Finance strategy, aiming to enable users to seamlessly conduct everyday transactions of traditional financial assets through an on-chain wallet.

Robinhood Chain Generates $42.58 million in Total Revenue 70 Days After Launch

According to monitoring by on-chain analyst Yu Jin, in the 70 days since Robinhood Chain launched, total on-chain revenue has reached $42.58 million, equivalent to approximately 17,171 ETH, with an average daily revenue of about $608,000. Robinhood Chain accounts for 90% of the revenue, totaling 15,454 ETH (approximately $38.32 million), while Arbitrum, as the technology provider, receives the remaining 10%, amounting to 1,716 ETH (approximately $4.26 million).