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dYdX launches Arcus DEX on Robinhood Chain as DYDX token drops 23%
Jul 2, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
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AI Overview
On July 1 dYdX launched Arcus, a crypto DeFi DEX on the Robinhood Chain that supports tokenized equities and perpetual futures; the token launch drove trading volume up over 650%. Despite the adoption signal, DYDX fell 23% to $0.138 in 24 hours, indicating short-term selling pressure and market volatility that may offset initial liquidity and adoption gains.
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On July 1, dYdX launched Arcus on the Robinhood Chain. Arcus is a decentralized exchange that supports tokenized equities and perpetual futures. Following the reveal of Arcus, trading volume soared over 650%, and the price of DYDX dropped to $0.138, representing a 23% decrease in value during those 24 hours. The introduction of Arcus fundamentally...
