Secret Network plans to move SCRT token to Arbitrum due to AI-driven security risks in old Cosmos code.

Secret Network is proposing to migrate its SCRT token from the Cosmos blockchain to Ethereum's Arbitrum Layer 2, citing security vulnerabilities in its aging Cosmos code that are increasingly exposed to AI-powered exploits. This move follows a $4.7 million bridge hack in June 2026, which highlighted risks in legacy integration code. The migration aims to leverage Arbitrum's better liquidity, developer tools, and wallet support while supporting Secret Network's focus on confidential AI and verifiable compute applications. A snapshot on September 1, 2026, will determine eligibility for token conversion, and the old Cosmos chain will no longer be formally maintained after the migration, pending community approval.