The DEX Arcus developed by the dYdX team has been launched on the Robinhood Chain and has received investment from Robinhood Crypto

According to official news, the decentralized exchange Arcus developed by the dYdX team has officially launched on Robinhood Chain, offering 24/7 trading of 95 tokenized stocks and perpetual contracts, with zero transaction fees. Arcus supports tokenized trading of stocks, commodities, indices, and crypto assets, with all tokenized stocks issued and redeemable by Robinhood Chain, allowing for self-custody and integration into the DeFi ecosystem. Robinhood Crypto has invested in Arcus.

In the future, Arcus plans to support tokenized stocks and crypto assets as collateral for perpetual contracts and provide Pre-IPO trading for popular private companies like OpenAI.