edgeX

edgeX to launch 24/7 FX trading and 150+ perpetual markets on Arc mainnet day one
Arc
2026-09-03 06:00:37

Arc’s Sept. 16 mainnet debut sets up a first-day fight between meme launches and DeFi liquidity

Circle is set to open the public mainnet of Arc on Sept. 16, introducing a Layer 1 network built around stablecoin-based finance with USDC used for gas and sub-second final settlement. The network, maintained by a permissioned validator set, arrives with backing from 11 founding validators including BlackRock, DTCC, Galaxy, ICE, Mastercard, Standard Chartered and Visa. Circle has also said more than 100 institutions and ecosystem teams are already involved while the chain remains in its private mainnet phase. Attention is now shifting to where the first wave of onchain activity will land. Fomo has said it will support trading on day one, while edgeX plans to launch a 24-hour USD/JPY FX perpetual and more than 150 perpetual markets covering U.S. equities, commodities and crypto, all margined and settled in native USDC. Circle also expects Aave, Uniswap, Aerodrome, Morpho and several capital service firms to be live around launch, though Aave V4 on Arc still requires governance approval. At the same time, meme infrastructure is already taking shape. Projects such as Tolly, Warp and Arcpad are competing for token issuance flow, each with different mechanisms for pricing, LP ownership and fee distribution. With USDC acting as both gas token and quote asset, Arc’s launch could send initial funds into meme pools, stablecoin pools and lending markets at the same time, making Sept. 16 the first real test of how the network’s liquidity will form.

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