Arcus launches 24/7 trading for 95 Stock Tokens on Robinhood Chain

Arcus has launched 24/7 trading with 0% fees for over 95 Stock Tokens on Robinhood Chain, along with beta perpetual markets using USDG collateral. This decentralized exchange allows traders to access major companies in AI, semiconductor, space, and quantum computing sectors, including Nvidia, Apple, Microsoft, Tesla, Meta, Alphabet, and Amazon. The platform has introduced beta perpetual futures, attracting a waitlist of over 75000 signups, and offers markets across U.S. equities, ETFs, commodities, and cryptocurrencies, including SPY, QQQ, GLD, USO, bitcoin, ether, solana, and XRP. Founded by Eddie Zhang and developed by the dYdX team, Arcus is backed by Robinhood Crypto. The platform is available on desktop and through an invite-only mobile app in TestFlight, utilizing Robinhood Chain's infrastructure for continuous market access. The launch also incorporates technology from Paxos Labs for USDG access and Privy for wallet creation and onboarding. Robinhood Chain, an Ethereum Layer 2 network, went live on July 1, supporting tokenized stocks and decentralized lending. In its first week, it processed approximately 3.1 billion dollars in decentralized exchange volume, ranking among the top five blockchain networks by DEX activity, with around 65000 users holding 300 million dollars in stablecoins and 13 million dollars in tokenized stocks.

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