arcus

According to The Block, Robinhood Wallet announced the integration of Arcus's API, becoming one of several routing providers for its stock token spot exchanges.Eligible users can access Arcus's liquidity and execution infrastructure through the wallet in supported jurisdictions. This integration expands the number of stock tokens supported by Robinhood Wallet to over 190.Arcus, developed by the dYdX team, launched on Robinhood Chain in July this year, initially supporting over 90 stock tokens, and the lineup has now increased to over 190, while the perpetual contract market is still in the testing phase. Its system uses a Request for Quote (RFQ) model, where professional market makers compete to price each exchange rather than relying on a single liquidity pool.Arcus stated that if Robinhood Wallet users execute exchanges through Arcus, they may earn Arcus Points. Arcus will also provide users with limit order functionality through the wallet's dapp browser.Arcus claims that since its launch, the cumulative trading volume has exceeded $5 billion, with over 15,000 independent traders and a total locked value of over $28 million. Arcus CEO Eddie Zhang stated that early growth confirms previous judgments that traders need a global, accessible, and around-the-clock operating market.

The on-chain trading platform Arcus announced on platform X that Arcus Points have been launched. Season 0 has completed settlement and ranking, and users can connect their wallets to view their rankings.Arcus also stated that Season 1 has now begun. Arcus is an on-chain perpetual contract trading platform aimed at professional traders and has previously launched activities related to points.

The DEX Arcus, built by the dYdX team, has launched a new protocol on the Robinhood Chain that converts perpetual contract positions into transferable ERC-20 tokens and allows users to use tokenized stocks as collateral for leveraged trading.The products launched by the protocol include pBTC3x and pHOOD3x, which provide 3x exposure to Bitcoin and the Robinhood stock token HOOD, respectively. Its multi-collateral feature initially supports SPY, QQQ, and MAG7 stock tokens, with a loan-to-value ratio of 50%, allowing users to use tokenized stocks as collateral for perpetual contract positions.Arcus CEO Eddie Zhang stated that traditional markets have taken decades to make complex investment strategies accessible through products like leveraged ETFs, and the next step is to integrate these strategies natively into blockchain infrastructure. Since its launch on the Robinhood Chain, Arcus has accumulated a trading volume of over $250 million, with an average daily trading volume exceeding $33 million; since its launch on July 1, the Robinhood Chain has reached a TVL of $596 million, ranking among the top 15 in DeFi TVL.

According to The Block, Arcus has officially launched 24/7 trading functionality and introduced over 95 stock tokens on the Robinhood Chain, offering zero-fee trading. Meanwhile, Arcus has also launched a beta version of its perpetual contract market through its self-custody decentralized trading platform.Arcus stated in a press release that this launch allows eligible traders to invest in leading companies' stocks covering fields such as artificial intelligence, semiconductors, space exploration, and quantum computing, including large-cap companies like Nvidia, Apple, Microsoft, Tesla, Meta, Alphabet, and Amazon.In addition, Arcus has launched a testing phase for its perpetual futures trading market, with the number of people on the waiting list exceeding 75,000. The platform supports perpetual contract products covering U.S. stocks, exchange-traded funds (ETFs), commodities, and cryptocurrencies, including trading varieties related to SPY ETF, QQQ ETF, GLD ETF, USO ETF, Bitcoin, Ethereum, Solana, and XRP.Arcus was founded by Eddie Zhang, and its development team comes from the core team behind dYdX.

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 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.

ChainCatcher news, OKX announced the appointment of Marcus Hughes as the company's new Vice President and Head of Global Government Relations. Hughes previously served as the Global Regulatory Strategy Lead at Kraken and Managing Director for Europe and International General Counsel at Coinbase.OKX CEO Star stated that as cryptocurrency gradually becomes a pillar of the global financial system, dialogue with regulators and governments around the world is crucial.

ChainCatcher news, former PayPal president David Marcus announced his stance on X, stating that he is "crossing the Rubicon" to support the Republican Party and its candidate Trump.David Marcus believes that what America needs is a president who clearly supports America, the Constitution, business, Bitcoin/cryptocurrency, innovation, and many other things. This candidate should also stand against: regulatory overreach, illegal immigration, and unjust wars. Former President Trump fits this description perfectly, which is why he supports him.

ChainCatcher news, according to Scopescan monitoring, Marcusruss.eth withdrew 18,000 AAVE (approximately $1.61 million) from Binance in the past 24 hours and staked them all.