Robinhood links with dYdX Labs to launch new DEX Arcus on its Arbitrum L2 chain

The company behind the dYdX decentralized exchange has teamed up with Robinhood to rebrand and relaunch the protocol as Arcus, operating on Robinhood Chain, the retail trading giant’s Arbitrum-based layer 2 blockchain that went live on the same day as the announcement.

An X account for Arcus confirmed on Wednesday that ‘dYdX is now Arcus’ and that the platform would launch on Robinhood Chain. The dYdX Foundation clarified that dYdX Labs built Arcus ‘in partnership with Robinhood’ and stressed that the original dYdX blockchain ‘is not affected by it in any way.’

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