Side by side
Arcus vs NOXA Fun
Arcus and NOXA Fun both operate in the Perps & Derivatives part of the Robinhood Chain ecosystem. Arcus — dYdX Labs and Robinhood Crypto's 24/7 DEX for tokenized stocks and RWA perps, zero fees, non-US.. NOXA Fun — Robinhood Chain's leading token launchpad — single-sided Uniswap V3 liquidity, permanently locked, no migration..
Arcusmainnet
dYdX Labs and Robinhood Crypto's 24/7 DEX for tokenized stocks and RWA perps, zero fees, non-US.
- What it is
- A decentralized exchange pairing tokenized-stock spot with RWA perpetuals, built jointly by dYdX Labs and Robinhood Crypto, live on Robinhood Chain since 1 July 2026.
- What is live
- Zero-fee spot trading across 95 Stock Tokens is live now. Perpetuals covering 35 RWA markets remain in a waitlist phase.
- Who runs it
- CEO Eddie Zhang, whose startup Pocket Protector was acquired by dYdX Labs; dYdX founder Antonio Juliano joins the Arcus board. dYdX received investment from Robinhood Crypto.
- TVL
- Roughly $5.6m on Robinhood Chain (DefiLlama), early July 2026, spanning ~$2.5m 24h spot and ~$1.9m 24h perp with ~$900k open interest per the briefing.
NOXA Funmainnet
Robinhood Chain's leading token launchpad — single-sided Uniswap V3 liquidity, permanently locked, no migration.
- What it is
- The leading token launchpad on Robinhood Chain — a hybrid model that deploys tokens directly onto Uniswap V3 with single-sided liquidity and permanent LP locking.
- How a launch works
- One transaction deploys a new ERC-20, adds single-sided liquidity to a Uniswap V3 pool at the 1% fee tier, and makes it tradeable. The LP is locked permanently in a locker contract that cannot move, migrate, or be pulled.
- Graduation
- Graduation milestones based on net buys and liquidity thresholds still exist, but they are markers rather than liquidity events, since the LP is on a real DEX from the start.
- No token taxes
- Uses the standard Uniswap V3 1% fee tier rather than custom token taxes; the fee structure is identical for every token.
The record
How they compare
| Field | Arcus | NOXA Fun |
|---|---|---|
| Type | defi | defi |
| Category | Perps & Derivatives | Launchpads & New Tokens |
| Status | mainnet | mainnet |
| Chains | Robinhood Chain | Robinhood Chain |
| Website | — | — |
| Docs | Yes | Yes |
| GitHub | — | — |
| Confidence | 84% | 78% |
| Sources | 4 | 4 |
| Arcus TVL | $17.8M | — |
| Stock tokens listed | 95 | — |
| NOXA Fun TVL | — | $4.2M |
Read on
Answers
Arcus vs NOXA Fun: questions
- What is the difference between Arcus and NOXA Fun on Robinhood Chain?
- Arcus is dYdX Labs and Robinhood Crypto's 24/7 DEX for tokenized stocks and RWA perps, zero fees, non-US.. NOXA Fun is Robinhood Chain's leading token launchpad — single-sided Uniswap V3 liquidity, permanently locked, no migration.. Both sit in the Perps & Derivatives part of the Robinhood Chain ecosystem.
- Is Arcus or NOXA Fun live on Robinhood Chain?
- Both are live on Robinhood Chain mainnet. Arcus is mainnet and NOXA Fun is mainnet.
- Should I choose Arcus or NOXA Fun?
- It depends on your use case — both serve the Perps & Derivatives role on Robinhood Chain. Compare them on type, status, chains, integrations and source-backed confidence (Arcus: 84%, NOXA Fun: 78%), then read each full profile before deciding.