The @arbitrum DAO Treasury Management portfolio closed October at $84.3M, earning ~$230K in yield over the month. Here’s a summary of activities in October 👇 Two drivers shaped the month: 🔹 A $2.2M decline in ETH and ETH-correlated assets as ETH price fell ~7%. 🔹 $228K in yield and rewards earned across RWAs, ETH strategies, and stablecoins. By month-end, the portfolio mix stood at ~$47M in RWAs, ~$29M in ETH and ETH-correlated assets, ~$6M in deployed stablecoins, and ~$2M held idle. Incentive tokens totaled ~$40K. RWAs delivered another steady month. No new deployments or reallocations were executed. The portfolio earned $154K at a 3.96% 30D MA APY, with BENJI, BUIDL, and USTBL being the largest contributors in terms of interest earned. ETH strategies reflected market conditions. The category declined with ETH’s price but still generated $53K in organic yield and kickbacks, including 0.5 stETH from the Lido Reward-Share Program. Stablecoins saw increased activity. On the final day of the month, $1.7M was deployed by @kpk_io as active management went live. In parallel, the DAO’s Morpho position yielded ~$20K over the month at a 4.97% 30D MA APY. In early November, Stream Finance faced a solvency crisis and its XUSD stablecoin sharply depegged, creating liquidity stress across several lending markets, while Balancer V2 was hacked. Despite the wider market disruption that ensued, the DAO’s treasury management portfolio wasn't directly impacted, and all positions remain fully secure.