Robinhood and dYdX Labs just launched Arcus — a DEX on Robinhood Chain (Arbitrum L2) with 95 tokenized stocks and perpetual futures, zero fees, across 120+ countries.
DYDX dropped 40%+ on the news. The market read it as dYdX Labs competing with dYdX Chain — which technically they are, despite the foundation's clarification that they're separate.
What's actually interesting: SpaceX tokenized stock saw $35M+ in weekly DEX volume. That's not hype. That's real on-chain demand for exposure to private-company equity.
The boundaries between TradFi and DeFi are dissolving faster than most people expected.
#DeFi #RWA #Robinhood #dYdX $ETH
DYDX dropped 40%+ on the news. The market read it as dYdX Labs competing with dYdX Chain — which technically they are, despite the foundation's clarification that they're separate.
What's actually interesting: SpaceX tokenized stock saw $35M+ in weekly DEX volume. That's not hype. That's real on-chain demand for exposure to private-company equity.
The boundaries between TradFi and DeFi are dissolving faster than most people expected.
#DeFi #RWA #Robinhood #dYdX $ETH