TLDR Tech / Crypto
dYdX Rebrands to Arcus, Partners With Robinhood for Tokenized Stocks
dYdX has rebranded to Arcus and launched as the primary DEX on Robinhood Chain, offering 24/7 trading across 95 tokenized stocks and 35 RWA perps at 0% fees via RFQ execution, with institutional market-makers providing liquidity. The move follows sustained market share losses to Hyperliquid, which drew traders from dYdX v4 through faster execution and a simpler UX despite dYdX's decentralization-first architecture. dYdX attributed the pivot to that competitive pressure, framing speed, simplicity, and liquidity depth as the axes on which Arcus must compete.
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