Arcus, a decentralized exchange built by the team behind dYdX, has gone live on Robinhood Chain with a protocol that converts perpetual futures positions into transferable ERC-20 tokens and a
Arcus, a decentralized exchange built by the team behind dYdX, has gone live on Robinhood Chain with a protocol that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to serve as collateral for leveraged trading.
The launch includes products such as pBTC3x, which provides 3x leveraged exposure to Bitcoin, and pHOOD3x, which offers 3x exposure to Robinhood’s HOOD stock token. Both are issued as ERC-20 tokens, meaning a position can be sent to another wallet rather than sitting locked inside a trading account.
