dYdX team, in collaboration with Robinhood Crypto, has launched a new decentralized exchange named Arcus, deployed on Robinhood Chain. The platform offers spot trading for 95 tokenized stocks and cross-asset perpetual swaps, targeting users seeking 24/7 trading, self-custody, and institutional-grade liquidity.
Key Product Features
Arcus supports spot trading of 95 tokenized equities alongside perpetual contracts across multiple asset classes, including stocks and cryptocurrencies. The platform adopts a self-custodial model, giving users full control of their private keys while accessing deep liquidity pools sourced from institutional partners. Robinhood Chain provides the underlying high-performance infrastructure.
Strategic Positioning
The dYdX team emphasizes that Arcus is a parallel product incubated by dYdX Labs, focusing on the RWA (Real-World Assets) track and global real-time trading scenarios. It does not replace the existing dYdX Chain. This dual-chain strategy aims to expand the user base without cannibalizing the core perpetuals platform. The partnership leverages Robinhood's brand recognition and regulatory compliance to bridge traditional financial assets into DeFi.
Detailed technical specifications and tokenomics have not yet been disclosed. The launch is expected to attract both retail and institutional traders looking for a regulated DeFi alternative for trading tokenized securities.

