Arcus Integrates with Robinhood Wallet, Expanding Access to Stock Tokens
Arcus, a decentralized exchange built by dYdX Labs and backed by Robinhood, has integrated its trading API with Robinhood Wallet. This integration adds Arcus as a liquidity and execution provider for Stock Token spot trading. With this partnership, eligible Robinhood Wallet users in supported jurisdictions can access over 190 Stock Tokens.
The integration allows users to trade around the clock, taking advantage of market fluctuations caused by events such as earnings reports and economic data. Arcus provides liquidity through an RFQ system that creates competition among market makers, resulting in tighter spreads and deeper liquidity.
Royalties earned from trading swaps routed through Arcus can be converted into Arcus Points, while the integration also enables access to Stock Token limit orders through Arcus in the Wallet's DApp browser. The partnership marks a significant expansion of access to blockchain-based stock trading.