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Arcus
Arcus is live. All of it in beta.
Spot is open. Connect a wallet, trade Stock Tokens, done.
Perps are gated. That's the part you're here for.
Why Gated
Early markets belong to early traders. The first cohorts aren't just testers. They're the founding liquidity, with a direct line to the team and first referral claim on their networks. Early access activity will be tracked. Do with that as you will.
What's it like inside? No spoilers. The traders already in aren't hard to find. Ask them.
The Queue Reads your Track Record
Volume talks: Connect wallets with perps history: dYdX v3, dYdX v4, Hyperliquid, Lighter. RWA volume counts as a bonus. Every wallet you link, the queue aggregates.
Your network talks: Refer traders, climb the waitlist as they join. And the link outlives the queue: when your network trades, you earn a cut of their fees: 10% direct, 3% and 2% on the levels beneath. Every serious trader ends up in someone's network. Claim yours first.
Getting in Line Takes a Minute
Head over to: waitlist.arcus.xyz
Connect your X account, follow @arcus_xyz
Connect a wallet, or spin one up with an email
Watch your number
Then climb. Connect another wallet. Share your link. Watch your number drop.
When your Cohort is Called
You'll know in two ways: a DM on X with instructions, and the waitlist site flips to "You're in." You have a week… then the slot moves to the next trader in line.
Eligibility
Determined by region. Arcus is not available in the United States, the United Kingdom, Canada, and other restricted jurisdictions per the Terms of Use. A waitlist position doesn't override regional restrictions. The Terms of Use is the source of truth.
Your history got you this far. See you inside.
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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 issued by Robinhood Assets (Jersey) Limited under its Tokenised Products Programme. They are created and redeemed by the Issuer, with subscriptions, redemptions and/or distributions facilitated by Bitstamp Global Ltd as an Authorised Participant where specified. Stock Tokens provide economic exposure to a relevant underlying equity instrument or ETP through a contractual claim against the Issuer for a cash Redemption Amount linked to that underlying, but they do not confer ownership of the underlying or shareholder rights, including voting rights, direct dividend rights, or rights in the insolvency or administration of the underlying issuer. 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. DYOR. NFA.
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.xyz, 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.
Where can I learn more?
Read the Arcus blog, follow @arcus_xyz on X, and join our Telegram for live updates.