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dYdX and Robinhood Launch Arcus DEX on Robinhood Chain

It aims to bring 24/7, low-cost tokenized equity trading to retail users by deferring full perpetual access and a native token.

Overview

  • Arcus, which went live on July 1, 2026, opened spot trading for 95 Stock Tokens and listed 35 real‑world‑asset perpetuals while keeping perpetual access on a waitlist.
  • The exchange runs on Robinhood Chain, an EVM‑compatible Layer‑2 built on Arbitrum, and offers round‑the‑clock trading with a 0% fee model for Stock Tokens.
  • Users located in the United States, Canada, and the United Kingdom are blocked from the platform, a restriction the team says reflects regulatory caution around tokenized securities.
  • Arcus has not issued a native token and has signaled any future token would reserve allocations for dYdX community members, making the token launch and opening perps the next major milestones to watch.
  • The project pairs dYdX’s trading expertise with Robinhood’s retail reach and integrates social trading tools from the Pocket Protector acquisition as a bid to improve speed, liquidity, and retail onboarding after dYdX’s prior infrastructure struggled with user experience.