Arcus Launches Tokenized Perpetual Contracts on Robinhood Chain

Arcus has launched a new protocol on the Robinhood Chain that converts perpetual contract positions into transferable ERC-20 tokens, allowing users to use tokenized stocks as collateral for leveraged trading. The new products include pBTC3x and pHOOD3x, which provide three times the exposure to Bitcoin and Robinhood stock token HOOD, respectively. The multi-collateral feature initially supports stock tokens SPY, QQQ, and MAG7, with a loan-to-value ratio of 50%. Arcus CEO Eddie Zhang stated that traditional markets have made complex investment strategies accessible through leveraged ETFs and similar products, and the next step is to integrate these strategies into blockchain infrastructure. Since its launch, Arcus has achieved a cumulative trading volume of over $250 million, with an average daily trading volume exceeding $33 million; Robinhood Chain has reached a TVL of $596 million since its launch on July 1, ranking among the top 15 in DeFi TVL.

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