A new decentralized exchange born from a collaboration between dYdX Labs and Robinhood Crypto is officially open for business. Arcus, which offers perpetual futures and tokenized equities, went live after roughly a year of development, marking one of the more ambitious attempts to merge traditional finance assets with DeFi infrastructure.
The platform currently supports live spot trading across 95 Stock Tokens and 35 Real World Asset perpetuals. Access to perpetual contracts remains on a waitlist for now.
What Arcus actually is
The platform runs on Robinhood Chain, an EVM-compatible Layer-2 solution that enables 24/7 trading. Robinhood brings a retail user base exceeding 25 million people, and Arcus is positioning itself to tap directly into that audience.
Eddie Zhang serves as CEO of Arcus. Zhang previously worked at Meta and co-founded Pocket Protector, a social trading app that dYdX acquired in July 2025. That acquisition was explicitly part of building toward the Arcus launch, bringing product development talent and social trading expertise into the fold.
