Arbitrum has generated approximately $4.75 million from license fees, which represents 87% of its overall revenue. Transaction fees added around $507,000, while treasury income contributed about $181,000.
- ARB has decreased by 12% in the last week, despite a 47% increase over the month.
- The Arbitrum Security Council has paused new Stylus contract activations on both Arbitrum One and Nova due to more advanced attacks.
- The Foundation confirmed that no vulnerabilities allowing the theft of user funds have been identified, so existing Stylus contracts will remain operational.
Arbitrum (ARB) continued its downward trend after an emergency decision from the network’s Security Council. As of Sunday, the token has dropped about 12% over the past week.
According to a report from the Arbitrum Foundation, the Council suspended the activation of new Stylus contracts on Arbitrum One and Nova last Thursday at 11:30 a.m. ET. Existing contracts will stay active, with none set to expire before August 20, 2027, according to the Foundation.
This suspension affects only new contracts and applications needing reactivation. The Foundation aims to address custom-built WebAssembly programs that bypass the standard Stylus toolchain, stating that AI-driven tools have led to more complex attacks on these programs.
Existing vulnerabilities within Stylus primarily pose risks to the operational stability of the chain, such as denial-of-service attacks. The Foundation reported that there have been no findings of assaults enabling the theft of user assets thus far.
Despite a monthly increase of over 47%, Arbitrum’s price declined by more than 0.6% in the last 24 hours, contrasting with the overall market surge as Bitcoin’s price surpassed $85,000. Engagement on Stocktwits indicates that retail sentiment surrounding ARB remains pessimistic, with discussions at low levels within the past day.
Settlement Guard Introduced
This recent measure also enabled the creation of a security mechanism named BoLD in the Arbitrum One dispute resolution system. This mechanism can be activated by any party when two contradictory responses are validated with a single proof. Nonetheless, Arbitrum One will continue to function, as stated by the Foundation.
Pending withdrawals will need to wait until the settlement process resumes. The Foundation also mentioned that it will collaborate with the Arbitrum Decentralized Autonomous Organization (DAO) to determine the timing and manner of reactivating new contracts, noting that the community still sees potential in Stylus.
Arbitrum’s Revenue Increases Significantly
Nonetheless, Arbitrum’s ecosystem continues to thrive. The platform reported on Thursday that its monthly income had surged nearly fivefold. License fees accounted for $4.75 million, representing around 87% of its total revenue, while transaction fees provided about $507,000, and treasury income added approximately $181,000. The network has processed 1.5 billion transactions since the start of the year.
The Arbitrum Foundation stated in a first-half report released on September 2 that the ArbitrumDAO amassed $6.19 million in revenue during the first six months ending June 30. Mid-September, Geoff Kendrick from Standard Chartered projected that Arbitrum’s monthly revenue could reach about $5 million in September based on its current trajectory, labeling it as “hugely undervalued.”
So far this year, ARB’s value has increased by over 7%, but it has dipped by more than 53% compared to the past year.
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