Stock Token spot volume on Arcus now counts toward your position.

Before today, your place in line was built on your history elsewhere: perps volume on other venues, plus referrals of validated traders. That made sense on day one, when nobody had an Arcus track record.

Three weeks in, plenty of you now do. Some of the most active traders on Arcus spot were sitting in the same queue as people who'd never placed a trade, and that stopped making sense.

If you've been trading Stock Tokens on Arcus, beginning today, that activity is part of your waitlist standing, including the volume you've already done.

How your position works now

Three things move you up the list:

1. Your Arcus spot volume: Stock Token trading on Arcus counts, retroactively from launch. Trade in your connected wallet and it's tracked automatically.

   
   

2. Your prior perps history: Volume on other venues still counts, with RWA volume as a bonus, exactly as before. Connect multiple wallets to aggregate your history.

   
   

3. Your referrals: Inviting other validated traders also still moves you up.

Why the Change

The waitlist exists to bring perps traders on in the order Arcus can serve them well. One of the clearest indicators that someone will be an active perps trader on Arcus is that they are already active on the venue. This change simply aligns the queue with what it was always trying to measure.

There's a longer arc here too. Multi-asset collateral: including BTC, ETH, and Stock Tokens, is on the Arcus roadmap, with the goal that the Stock Tokens you hold can eventually back your perp positions.

Spot and perps aren't two separate audiences on Arcus. The people trading Stock Tokens today can build the positions the perps side is designed to plug into, so their place in the queue should say so.

Spot trading (beta) is live at app.arcus.xyz. Perps beta continues rolling out by cohort. Sign up at waitlist.arcus.xyz with your wallet and X account.

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Arcus is a blockchain-based smart contract protocol that permits self-custodial peer-to-peer trading of Stock Tokens, cryptoassets and perpetual futures.  Arcus is not a regulated financial services provider, and it is not available in the U.S., Canada, United Kingdom and other restricted jurisdictions.

Stock Tokens are tokenised securities that provide economic exposure to a relevant underlying equity instrument or ETP through a contractual claim against the Issuer for a cash Redemption. Stock Tokens involve risks not present, or not present to the same extent, in traditional stock ownership, including private-key loss or compromise, limited redemption access, liquidity constraints, price or tracking divergences from the underlying, and uncertain or evolving regulatory treatment.

Trading Stock Tokens, cryptoassets or perpetual futures is risky and involves risks of loss, particularly when using leverage. Do your own research.

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