Arcus has launched Arcus Points. Participants in the closed beta have already been credited with points for Season 0, which covers activity from July 1 to September 30. The final total number of points will be revealed closer to the program’s conclusion.
Season 1 started on October 1. Points will be distributed every Wednesday at 22:00 MSK for trading, market making, holding deposits on the platform, and inviting new traders.
Additional bonuses are currently available for trading Stock Tokens and other RWA, for activity outside regular U.S. stock market hours, and for trades executed through Robinhood Wallet if they are settled via Arcus.
During the three-month closed beta, Arcus reported over $5 billion in trading volume, more than 15,000 traders, a peak daily volume exceeding $500 million, and a TVL of over $25 million.
The project has also moved away from a manual whitelist and switched to an invite system. One invite code is awarded for every $1 million in perpetual trading volume, including the volume generated by invited users.
Website: https://arcus.xyz
Arcus is a decentralized exchange on the Robinhood Chain, built by the dYdX team in partnership with Robinhood Crypto. On the platform, you can trade tokenized stocks, cryptocurrencies, and perpetual contracts on stocks, commodities, indices, and crypto assets around the clock.
Arcus received strategic investment from Robinhood Crypto. The exact amount of the round was not disclosed publicly.