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Arcus
Decentralized trading venue for tokenized stocks and real-world-asset markets.
Opens on hoodl2.com.
Project video
0:43Read the transcript · Narrated with captions
Trading a market through a contract is different from holding the underlying asset. The structure matters. Arcus is a trading platform being developed with dYdX Labs and Robinhood Crypto for tokenized-stock spot markets and real-world-asset perpetuals. Its launch plan covers 24/7 access to tokenized equities, subject to regional availability restrictions. A derivative tracks a market through a contract. Positions, collateral, and settlement rules are separate moving parts; the design of the venue determines how they connect. Explore Arcus on Hood L two. Find the project links, its full description, and the sources behind the listing.
HoodL2 produced this overview independently. It is not an endorsement. Check the listing sources for current details.
HoodL2 project profile4 sourcesReviewed 7 Sept 2026
Overview
Arcus is a trading platform being developed with dYdX Labs and Robinhood Crypto for tokenized-stock spot markets and real-world-asset perpetuals. Its launch plan covers 24/7 access to tokenized equities, subject to regional availability restrictions.
Uses
- Eligible users assessing Stock Token spot trading.
- Following the announced RWA perpetuals product and its waitlist.
Risks and limitations
- The launch announcement describes spot trading and a waitlist for 35 RWA perpetual markets.
- The product excludes the US, Canada, the UK and other restricted jurisdictions.
- Launch fees and plans for an Arcus token may change.
Metrics
Arcus TVL
$23.3M
Snapshot 2026-09-10
Stock tokens listed
95
Snapshot 2026-07-13
Key facts
- What it is
- Arcus is a trading platform being developed with dYdX Labs and Robinhood Crypto for tokenized-stock spot markets and real-world-asset perpetuals. Its launch plan covers 24/7 access to tokenized equities, subject to regional availability restrictions.· 88%§
- What is live
- At launch, Arcus announced zero-fee spot trading across 95 Stock Tokens and a waitlist for perpetuals on 35 RWA markets.· 85%§
- 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.· 85%§
- TVL
- The early-July record cites about $5.6m TVL, $2.5m 24-hour spot volume, $1.9m 24-hour perpetual volume and $900k open interest. The perpetual figures conflict with the launch waitlist description and need reconciliation.· 72%§
- Token plan
- A future Arcus token is planned, with allocation reserved for the existing dYdX community, prioritizing traders, stakers and validators over new entrants.· 80%§
- Availability
- Not available in the US, Canada, the UK, or other restricted jurisdictions.· 82%§
Key features
Stock Token spot markets
The launch announcement describes spot trading across 95 Stock Tokens.
Perpetuals waitlist
The planned derivatives offering covers 35 RWA markets. The launch source directs users to a waitlist.
Regional eligibility
The offering excludes the US, Canada, the UK and other restricted jurisdictions.
People and accounts
Account listed for Arcus; verify the handle through the project’s current website before relying on it.
Independent ecosystem coverage of trading venues and listings.
History
2026-07-01
Arcus launches on Robinhood Chain
After about a year of development with the dYdX team, Arcus went live with zero-fee spot on 95 Stock Tokens and a waitlist for RWA perps on 35 markets.
Frequently asked questions
- Who built Arcus?
- dYdX Labs, jointly with Robinhood Crypto. It is run by CEO Eddie Zhang, whose startup Pocket Protector was acquired by dYdX Labs, with dYdX founder Antonio Juliano on the board. dYdX received an investment from Robinhood Crypto.
- Can I trade perpetuals on Arcus?
- The launch announcement put 35 RWA perpetual markets on a waitlist while opening spot trading on 95 Stock Tokens. Check the current application for availability.
- Is there an Arcus token?
- A future token was planned at launch, with allocations prioritizing existing dYdX traders, stakers and validators. The plan is not evidence of a live token.
- Can US users trade on Arcus?
- No. Arcus is not available in the US, Canada, the UK, or other restricted jurisdictions.
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