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Aug 25, 2026

Arcus launches pTokens on Robinhood Chain, turning perpetual futures into tradable ERC-20 tokens

Arcus, a decentralized exchange built by the dYdX team in partnership with Robinhood Crypto, has launched the pToken protocol on Robinhood Chain. The protocol tokenizes managed perpetual futures accounts into transferable ERC-20 tokens, offering fixed-leverage exposure to assets like bitcoin and Robinhood stock without requiring users to manage positions directly.

Aug 25, 2026·4 sources
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Top claims

  • ▪Arcus allows traders to utilize eligible tokenized stocks as collateral to back leveraged trading positions.
  • ▪Arcus has processed over $2 billion in cumulative trading volume, with average daily volumes consistently exceeding $100 million.
  • ▪dYdX Labs founder Antonio Juliano is joining the board of directors of Arcus.

Topics

Layer 1sDecentralized exchange (DEX)DeFi derivativesDeFiTokenization