I've been evaluating schema libraries for a better-than-Zod source of truth, and ArkType is where I've been focused. Zod v4 just entered beta[1], and it improves many of my problems with it. For such a mature library to improve like this, v4 is treat and speaks volumes to the quality of engineering. But ArkType has a much larger scope, and feels to me more like a data modeling language than a library. Something I definitely want as a dev!
The main downside I see is that its runtime code size footprint is much larger than Zod. For some frontends this may be acceptable, but it's a real cost that isn't wise to pay in many cases. The good news is with precompilation[2] I think ArkType will come into its own and look more like a language with a compiler, and be suitable for lightweight frontends too.