Arcus launches tokenized perp positions on Robinhood Chain

cointelegraph2026-08-25 tarihinde yayınlandı2026-08-25 tarihinde güncellendi

Özet

Decentralized exchange Arcus, built by the dYdX team, has launched a new protocol on the Robinhood Chain. The protocol enables the conversion of perpetual futures positions into transferable ERC-20 tokens. It also introduces a multi-collateral feature that allows tokenized stocks, such as SPY, QQQ, and MAG7 tokens, to be used as collateral for leveraged trading at a 50% loan-to-value ratio. Initial products include pBTC3x and pHOOD3x, offering 3x leveraged exposure to Bitcoin and Robinhood's HOOD stock token, respectively. CEO Eddie Zhang stated the goal is to make sophisticated investment strategies, like leveraged ETFs, native to blockchain. Since launching on Robinhood Chain, Arcus has reported over $250 million in cumulative trading volume with an average daily volume exceeding $33 million. Robinhood Chain itself has grown to hold $596 million in total value locked since its July 1 debut, ranking among the top 15 chains by DeFi TVL.

Arcus, a decentralized exchange (DEX) built by the team behind dYdX, has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading.

The launch includes products such as pBTC3x and pHOOD3x, offering 3x exposure to Bitcoin and Robinhood’s HOOD stock token, respectively, the DEX announced in a Tuesday press release shared with Cointelegraph.

Its multi collateral feature initially supports SPY, QQQ and MAG7 Stock Tokens, each with a 50% loan-to-value ratio, allowing users to use tokenized equities as collateral for perpetual positions.

“Traditional markets have spent decades making sophisticated investment strategies easier to access through products like leveraged ETFs. We believe the next step is making those strategies native to blockchain infrastructure,” Arcus CEO Eddie Zhang said.

Arcus said it has recorded more than $250 million in trading volume since launching on Robinhood Chain, with average daily volume exceeding $33 million.

Robinhood Chain has grown to $596 million in total value locked since its July 1 launch, ranking among the top 15 chains by DeFi TVL, according to DeFiLlama data.

Related: Fed study finds crypto investors driven by beliefs, easily swayed by returns

İlgili Sorular

QWhat is Arcus, and what new protocol has it launched on Robinhood Chain?

AArcus is a decentralized exchange (DEX) built by the team behind dYdX. It has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading.

QWhat are two examples of the leveraged products Arcus announced in its launch, and what do they offer?

AArcus announced products such as pBTC3x and pHOOD3x. pBTC3x offers 3x exposure to Bitcoin, while pHOOD3x offers 3x exposure to Robinhood’s HOOD stock token.

QWhich tokenized equities can initially be used as collateral for perpetual positions on Arcus, and what is the Loan-to-Value ratio?

AArcus's multi-collateral feature initially supports SPY, QQQ, and MAG7 Stock Tokens as collateral, each with a 50% Loan-to-Value (LTV) ratio.

QWhat trading volume and daily average has Arcus recorded on Robinhood Chain since launch?

ASince launching on Robinhood Chain, Arcus has recorded more than $250 million in total trading volume, with an average daily volume exceeding $33 million.

QWhat is the Total Value Locked (TVL) of Robinhood Chain since its July 1 launch, according to DeFiLlama?

AAccording to DeFiLlama, Robinhood Chain has grown to $596 million in Total Value Locked (TVL) since its launch on July 1, ranking it among the top 15 chains by DeFi TVL.

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