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Arcus Launches Tokenized Perp Positions on Robinhood Chain
Summary by Cointelegraph
4 Articles
4 Articles
Cointelegraph+2 Reposted by 2 other sources
Arcus Launches Tokenized Perp Positions on Robinhood Chain
Arcus introduced transferable ERC-20 tokens for perpetual positions and lets tokenized stocks back leveraged trades without requiring users to sell their holdings.
·New York, United States
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Arcus introduced transferable ERC-20 tokens for perpetual positions and lets tokenized stocks back leveraged trades without requiring users to sell their holdings.Arcus, a decentralized exchange (DEX) built by the team behind dYdX, has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading.The launch includes produ…
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