Decentralized exchange Arcus has launched its pToken protocol on Robinhood Chain, converting managed perpetual futures accounts into transferable ERC-20 tokens that investors can trade like spot assets across onchain lending markets and protocols. Each pToken provides pro-rata ownership in an Arcus perpetuals account at a fixed market and leverage level, offering long and short exposure to assets such as BTC, SOL, HYPE, and stock-linked products like pHOOD3x on Robinhood’s Ethereum Layer 2. The launch introduces ETF-style leveraged contracts to Robinhood Chain’s growing DeFi ecosystem, potentially attracting more traders and institutions as the chain reports over $600 million in total value locked and $26 billion in cumulative DEX volume.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.