Arcus, DEX by dYdX to develop: Adds tokenized assets and perp contracts on Robinhood Chain

- Arcus, the decentralized exchange platform built by the dYdX team, has expanded its offering by supporting tokenized assets (encoded stocks) and perpetual futures contracts.
- This expansion is taking place on Robinhood Chain, a blockchain supported by Robinhood, to drive the introduction of traditional assets into the on-chain market.
- Competition between platforms is accelerating as more DEXs try to attract investors by offering a wider range of financial products.
- For traders, Arcus provides faster access and lower costs when trading tokenized assets and futures.

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Source: CoinTelegraph