Robinhood and dYdX Labs have unveiled Arcus, a new decentralized exchange (DEX) built on Robinhood Chain, a Layer 2 blockchain powered by Arbitrum technology. The platform enables perpetual trading anRobinhood and dYdX Labs have unveiled Arcus, a new decentralized exchange (DEX) built on Robinhood Chain, a Layer 2 blockchain powered by Arbitrum technology. The platform enables perpetual trading an
Robinhood and dYdX Launch Arcus: The Race for Tokenized Stocks and 24/7 Trading Is Heating Up
Penulis: Nguyen Rin Hoang
Bagikan
Robinhood and dYdX Labs have unveiled Arcus, a new decentralized exchange (DEX) built on Robinhood Chain, a Layer 2 blockchain powered by Arbitrum technology. The platform enables perpetual trading and access to 95 tokenized stocks with zero trading fees, aiming to bring the U.S. equity market to global investors through a 24/7 trading model.
Arcus not only represents Robinhood's latest step toward blockchain-based capital markets, but also highlights the growing convergence between traditional finance, DeFi, and tokenized real-world assets (RWAs). At the same time, it is widely viewed as a direct competitive response to Hyperliquid, the rapidly expanding decentralized perpetual trading platform.
Key Takeaways
Robinhood and dYdX Labs have launched the Arcus DEX on Robinhood Chain.
Arcus supports 95 tokenized stocks available for trading around the clock.
Global users can access U.S. equity markets without traditional trading-hour restrictions.
The platform aims to combine tokenized equities, perpetual contracts, and digital assets within a single ecosystem.
Arcus represents a new front in the competition against Hyperliquid and other decentralized perpetual exchanges.
Asset tokenization is becoming a strategic trend across global financial markets.
What Is Arcus?
Arcus is a next-generation decentralized exchange developed by dYdX Labs in collaboration with Robinhood Crypto.
The platform operates on Robinhood Chain, an EVM-compatible Layer 2 blockchain built using Arbitrum technology.
Unlike traditional DEXs that primarily focus on cryptocurrencies, Arcus seeks to integrate multiple asset classes within one trading infrastructure, including:
Perpetual contracts
Tokenized real-world assets
Cryptocurrency markets
Potential access to private market assets in the future
According to initial announcements, Arcus currently offers spot trading for 95 tokenized stocks and plans to expand into perpetual markets over time.
Why Is Robinhood Building Robinhood Chain?
For years, Robinhood has primarily been recognized as a retail stock trading platform.
However, the rapid rise of blockchain technology has encouraged the company to expand aggressively into digital assets.
Robinhood Chain reflects the firm's long-term vision.
Building Onchain Financial Infrastructure
Rather than simply offering a trading interface, Robinhood aims to own the underlying blockchain infrastructure supporting:
Tokenized stocks
Stablecoins
Digitized real-world assets
Onchain lending
DeFi products
Enabling 24/7 Trading
One of the biggest limitations of traditional stock markets is limited operating hours.
For example:
U.S. markets trade for roughly 6.5 hours per day.
Markets close during weekends.
Trading pauses for public holidays.
Blockchain networks, by contrast, operate continuously.
This enables investors in:
Asia
Europe
The Middle East
Latin America
to access financial assets at any time.
Expanding International Access
Tokenization helps Robinhood overcome geographical barriers.
Investors outside the United States may gain easier access to U.S. financial assets without needing brokerage accounts at traditional institutions.
How Could Tokenized Stocks Transform Financial Markets?
Arcus arrives at a time when asset tokenization is becoming one of Wall Street's most significant trends.
At its core, stock tokenization converts the economic rights associated with equities into blockchain-based tokens.
This offers several advantages.
Continuous 24/7 Trading
Investors no longer need to wait for markets to open.
Trading activity can occur at any time.
Reduced Intermediary Costs
Blockchain infrastructure can eliminate several traditional layers, including:
Central securities depositories
Clearing houses
Intermediary brokerage firms
Greater Global Accessibility
International investors may gain easier access to U.S. capital markets.
Programmable Assets
Tokenized securities can potentially:
Participate in DeFi protocols
Serve as collateral
Move across multiple blockchain networks
Integrate with stablecoins
This is one reason why major financial institutions are increasingly investing in tokenization initiatives.
Is Arcus Competing Directly With Hyperliquid?
The answer is yes.
Over the past two years, Hyperliquid has emerged as one of the fastest-growing decentralized perpetual exchanges in crypto.
Its strengths include:
High trading volumes
Centralized exchange-like user experience
Fast execution speeds
Deep liquidity
However, Hyperliquid remains largely focused on crypto-native assets.
Arcus is pursuing a broader strategy.
Rather than concentrating solely on digital currencies, the platform seeks to integrate:
Equities
Perpetual products
Real-world assets
Traditional capital markets
If successful, Arcus could potentially expand beyond the current boundaries of DeFi.
dYdX Is Entering a New Phase
The launch of Arcus also suggests that dYdX Labs is entering a new stage of development.
For years, dYdX has been among the largest derivatives protocols in DeFi.
Yet the crypto perpetual market is becoming increasingly competitive with the rise of:
Hyperliquid
Vertex
Drift
Aevo
Expanding into tokenized equities may allow dYdX to reach an entirely new customer segment.
It could also reduce the protocol's dependence on crypto market cycles.
Tokenization Is Becoming Wall Street's Biggest Theme
Arcus is not an isolated case.
Numerous financial institutions are currently participating in the tokenization race.
Areas attracting significant attention include:
Equities
Bonds
Investment funds
Bank deposits
Real estate
Commodities
Many industry experts believe that in the future, a large share of financial assets could exist as blockchain-based tokens.
Such a system would enable markets that are:
Open 24/7
Settled instantly
Globally interoperable
Significantly more cost-efficient
Arcus may represent one of the clearest examples of this evolving trend.
Implications for Robinhood and DeFi
Robinhood's deeper involvement in blockchain infrastructure illustrates how the distinction between traditional fintech and DeFi is becoming increasingly blurred.
If Arcus achieves meaningful scale, the market could see:
Greater adoption of onchain stock trading
New capital inflows from traditional investors
Rising demand for stablecoins
Accelerated growth in tokenized real-world assets
Intensifying competition among next-generation DEXs
This could mark the early stages of a financial system that operates entirely on blockchain infrastructure.
Conclusion
Arcus represents an important milestone in the blockchainization of global capital markets. By combining tokenized stocks, 24/7 trading, and perpetual products within a decentralized platform, Robinhood and dYdX are betting on a future in which every asset class can be traded onchain.
Although regulatory challenges and scalability concerns remain, Arcus demonstrates that tokenization is no longer merely an experimental concept but is increasingly becoming part of next-generation financial infrastructure.
FAQ
What is Arcus?
Arcus is a decentralized exchange developed by dYdX Labs and Robinhood Crypto on Robinhood Chain.
What assets does Arcus support?
The platform currently supports 95 tokenized stocks and plans to expand into perpetual trading.
What is Robinhood Chain?
Robinhood Chain is Robinhood's Layer 2 blockchain built using Arbitrum technology to support tokenized assets and onchain financial applications.
Does Arcus compete with Hyperliquid?
Yes. Arcus is widely viewed as a potential competitor to Hyperliquid in the decentralized perpetual trading sector.
Why are tokenized stocks important?
Tokenization enables stocks to trade 24/7, reduces intermediary costs, and broadens access for global investors.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial, investment, legal, or professional advice. Always conduct your own research, consider your financial situation, and, if necessary, consult with a licensed professional before making any decisions.
Peluang Pasar
Harga 4(4)
--
----
USD
Grafik Harga Live 4 (4)
Deskripsi: Crypto Pulse didukung oleh AI dan sumber publik untuk menghadirkan tren token terpopuler secara instan kepada Anda. Untuk mendapatkan wawasan ahli dan analisis mendalam, kunjungi MEXC Learn.
Artikel-artikel yang dibagikan di halaman ini bersumber dari platform publik dan disediakan hanya sebagai referensi. Artikel tersebut tidak mewakili posisi atau pandangan MEXC. Seluruh hak merupakan milik Nguyen Rin Hoang. Jika Anda meyakini ada konten yang melanggar hak pihak ketiga, silakan hubungi [email protected] untuk penghapusan segera. MEXC tidak menjamin keakuratan, kelengkapan, atau keaktualan konten apa pun dan tidak bertanggung jawab terhadap segala tindakan yang dilakukan berdasarkan informasi yang diberikan. Konten tersebut bukan merupakan saran keuangan, hukum, atau profesional lainnya, serta tidak boleh ditafsirkan sebagai rekomendasi atau dukungan oleh MEXC. Untuk mendapatkan wawasan ahli dan analisis mendalam, kunjungi MEXC Learn.
Pelajari 4 Selengkapnya
Lihat Selengkapnya
Mengapa OXYON Melacak OXY? Harga Minyak, Dividen, dan Penetapan Harga Saham yang Ditokenisasi Dijelaskan
Ringkasan OXYON adalah produk tokenisasi Ondo yang dirancang untuk memberikan eksposur ekonomi yang terkait dengan Occidental Petroleum Corporation (NYSE: OXY). Hubungan harganya dapat disederhanakan
2026/08/15
Apakah Saham OXY Layak Dibeli pada 2026? Skenario Bull, Skenario Bear, dan Katalis Utama
Ringkasan Apakah Occidental Petroleum (NYSE: OXY) menarik pada 2026 sangat bergantung pada narasi mana dari dua narasi yang terbukti lebih kuat. Skenario Bull Occidental: Memproduksi sekitar 1,4+ juta
2026/08/14
Prediksi Harga Saham OXY 2026–2030: Harga Minyak, Utang, Berkshire, dan Prospek OXYON
Ringkasan Memprediksi Occidental Petroleum (NYSE: OXY) hingga 2030 memerlukan prediksi baik pasar minyak maupun kemampuan Occidental untuk mengubah arus kas komoditas menjadi nilai per saham. OXY ditu
2026/08/14
Info 4 Terkini
Lihat Selengkapnya
Ulasan Pendapatan Tesla Q1 2026: Pengiriman Pulih, Namun Kualitas Margin Tetap Menjadi Ujian Sebenarnya
Tesla melaporkan hasil keuangan Q1 2026 pada 22 April 2026, setelah penutupan pasar AS. Perusahaan mengirimkan 358.023 kendaraan pada kuartal tersebut, menghasilkan total pendapatan sebesar $22,4 miliar, dan melaporkan laba bersih GAAP yang dapat diatribusikan kepada pemegang saham biasa sebesar $477 juta. Total margin kotor GAAP membaik menjadi 21,1%, sementara margin operasional mencapai 4,2%.
Sinyal utamanya bukan sekadar bahwa pengiriman Tesla pulih dari basis yang lebih lemah pada tahun sebelumnya. Pertanyaan yang lebih penting adalah apakah pengiriman yang lebih tinggi, pendapatan terkait FSD, biaya kendaraan yang lebih rendah, dan peningkatan margin otomotif dapat membangun kembali kepercayaan pada cerita profitabilitas Tesla. Bagi investor yang mencari laporan pendapatan TSLA berikutnya, Q1 menyiapkan ujian penting untuk Q2: menentukan apakah pertumbuhan volume dapat diubah secara berkelanjutan menjadi pendapatan berkualitas lebih tinggi.
2026/07/09
Tinjauan Pendapatan Apple Q2 FY2026: Pendapatan iPhone dan Pertumbuhan Layanan Menjaga Kisah EPS Tetap Utuh
Apple melaporkan hasil kuartal kedua tahun fiskal 2026 pada 30 April 2026, untuk kuartal yang berakhir pada 28 Maret 2026. Pendapatan mencapai $111,2 miliar, naik 17% secara year-on-year, sementara EPS dilusian meningkat 22% menjadi $2,01. Apple menyatakan bahwa kuartal ini mencetak rekor kuartal Maret untuk total pendapatan perusahaan, pendapatan iPhone, dan EPS, sementara pendapatan dari sektor Layanan (Services) sukses menembus rekor tertinggi baru sepanjang masa.
Ini bukan sekadar laporan keuangan siklus perangkat keras biasa. Hasil kuartal kedua Apple membuktikan bahwa permintaan iPhone, pertumbuhan Layanan, dan program pengembalian modal masih bekerja secara sinergis untuk mendukung pertumbuhan EPS perusahaan yang kokoh. Bagi investor yang mencari laporan keuangan Apple, pembaruan data AAPL, atau jadwal rilis laporan keuangan berikutnya, fokus krusial pasca kuartal kedua adalah apakah Apple dapat terus mempertahankan penilaian premiumnya saat pasar menanti katalis produk dan inovasi AI yang lebih kuat.
2026/07/09
Bunga Terbuka Hyperliquid Mencapai $11,5 Miliar: Apakah Perpetual On-Chain Meluas ke Pasar Ekuitas AS?
Bunga terbuka Hyperliquid telah mencapai sekitar $11,5 miliar, rekor tertinggi baru untuk tahun 2026, dengan pasar HIP-3 menyumbang hampir $4 miliar. Kontrak yang terkait dengan S&P 500 telah menjadi pasar HIP-3 terbesar, sementara kontrak yang melacak SK Hynix dan Micron Technology mencerminkan meningkatnya permintaan terhadap eksposur yang terkait dengan AI dan semikonduktor.
2026/07/28
POPULER
Mata uang kripto yang sedang tren saat ini dan menarik perhatian pasar yang signifikan
Harga Kripto
Mata uang kripto dengan volume trading tertinggi
Baru Ditambahkan
Mata uang kripto yang baru saja masuk listing dan tersedia untuk trading