Arcus Unleashes Tokenized Perps on Robinhood Chain with Leveraged Trading
Arcus has launched tokenized perpetual futures positions on Robinhood Chain, allowing users to access leveraged trading using tokenized equities as collateral.
The protocol, which converts perpetual futures positions into transferable ERC-20 tokens, includes products such as pBTC3x and pHOOD3x, offering 3x exposure to Bitcoin and Robinhood's HOOD stock token respectively.
Arcus CEO Eddie Zhang stated that traditional markets have spent decades making sophisticated investment strategies easier to access through products like leveraged ETFs, but believes the next step is making those strategies native to blockchain infrastructure.
The launch includes a multi collateral feature initially supporting SPY, QQQ and MAG7 Stock Tokens, each with a 50% loan-to-value ratio. This allows users to use tokenized equities as collateral for perpetual positions on Robinhood Chain.