Arcus introduces tokenized perpetual futures on Robinhood Chain
Arcus launches tokenized perpetual futures on Robinhood’s blockchain
Arcus, a decentralized exchange (DEX) created by the team behind dYdX, has launched a new protocol on Robinhood Chain. This protocol turns perpetual futures positions into transferable ERC-20 tokens. It also allows users to use tokenized stocks as collateral for leveraged trading without selling their holdings.
Perpetual futures are contracts that let traders bet on the future price of an asset, like Bitcoin, without an expiration date. ERC-20 tokens are a standard for creating and issuing smart contracts on the Ethereum blockchain.
Key features of the new protocol
- Converts perpetual futures positions into transferable ERC-20 tokens.
- Allows tokenized stocks to back leveraged trades.
- Offers products like pBTC3x and pHOOD3x, providing 3x exposure to Bitcoin and Robinhood’s HOOD stock token.
- Recorded over $2 billion in trading volume since its launch on Robinhood Chain.
- Average daily trading volume exceeds $100 million.
What Arcus CEO says about the launch
Arcus CEO Eddie Zhang stated, "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."
Robinhood Chain’s growth
Robinhood Chain, which launched in July 2026, has grown to $596 million in total value locked (TVL). TVL is the total amount of assets deposited in a decentralized finance (DeFi) protocol. According to DeFiLlama, Robinhood Chain ranks among the top 15 blockchains by DeFi TVL.
What is confirmed
- Arcus has launched a protocol on Robinhood Chain that tokenizes perpetual futures positions.
- The protocol allows tokenized stocks to be used as collateral for leveraged trading.
- Products like pBTC3x and pHOOD3x are now available, offering 3x exposure to Bitcoin and Robinhood’s HOOD stock token.
- Arcus has recorded over $2 billion in trading volume since its launch on Robinhood Chain.
- Robinhood Chain’s TVL has reached $596 million since its July 2026 launch.
Why this launch matters
The introduction of tokenized perpetual futures positions could make advanced trading strategies more accessible. By allowing users to hold transferable tokens representing their positions, Arcus aims to integrate traditional financial products with blockchain technology. This may attract more users to decentralized finance by offering familiar trading tools in a new format.
