Arcus Brings Leveraged ETF-Style Exposure to Robinhood Chain

Arcus, a decentralized exchange built by the team behind dYdX, has launched leveraged and inverse ETF-style contracts on Robinhood Chain through its new pToken structure. The ERC-20 tokens represent proportional ownership in managed Arcus perpetual accounts, allowing investors to trade leveraged exposure on spot venues without directly managing margin, collateral or perpetual positions. Initial products include pBTC and pBTC3x, offering 1x and 3x long and short bitcoin exposure, and pHOOD3x, providing 3x long exposure to tokenized Robinhood shares. The structure also supports assets including SOL and HYPE.