Robinhood Partners With dYdX to Launch Arcus DEX on New Chain, Targeting Tokenized Assets

Robinhood is extending its securities and crypto-asset services to its proprietary Layer 2 network, with the dYdX Labs technical team building the core trading infrastructure. dYdX’s rebranding as Arcus reflects an expansion from crypto derivatives into tokenized equities, in an effort to connect traditional finance with onchain trading markets.

Robinhood Chain formally launched on July 20, 2026, alongside the Arcus decentralized exchange developed by Robinhood and dYdX Labs. The platform will serve as the chain’s core DEX, offering perpetual contracts and fee-free trading in 95 tokenized stocks. The two companies have not disclosed the value of the partnership or trading-volume targets.