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Robinhood and dYdX Labs are building a decentralized exchange called Arcus, set to run on Robinhood's new blockchain and offer perpetual contracts alongside tokenized stock trading.
The move marks a rebranding of the dYdX protocol under the Arcus name as it migrates into Robinhood's emerging crypto infrastructure.
What Arcus Actually Is Arcus is a decentralized exchange — a venue where trades settle directly on-chain without a centralized order book operator holding custody of funds.
The product is being built by dYdX Labs, the development team behind the dYdX perpetuals protocol, which has operated as a standalone crypto-native platform through previous market cycles.
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