What is Arcus?
Arcus is a decentralized exchange built in partnership with Robinhood on Robinhood Chain. Users from eligible jurisdictions get one self-custodied account to trade Stock Tokens (spot, zero fees, 24/7), and cross-margined perpetual futures across equities, crypto, commodities, and indices - 24/7, with up to 50x leverage.
When is Arcus Launching?
Arcus is live in Beta. Spot Beta is open now to all eligible users, no waitlist needed. Perps Beta opens July 1, 2026, starting with waitlisted users and rolling out by cohort, ahead of a full launch later in the year. Join the waitlist and we'll let you know when your cohort opens. Arcus isn't available in the United States, United Kingdom, Canada, or other restricted jurisdictions, as set out in the Terms of Use.
What's the connection to dYdX?
Arcus is the next chapter for the team that built dYdX. dYdX Chain continues to operate. Arcus introduces new asset classes - equities, indices, commodities - alongside crypto perps, on a chain purpose-built for the throughput these markets require.
How does the waitlist work?
Only perps are waitlisted; Spot Beta is open to all eligible users. To join the waitlist, visit waitlist.arcus.money, and connect your wallet and X account. Your position comes down to two things: your prior on-chain trading history (perps volume across venues like dYdX, Hyperliquid, and Lighter, with real-world-asset (RWA) volume as a bonus), and referrals of other validated traders. You can connect multiple wallets to aggregate your history and move up faster. The earlier you join, the earlier you trade.