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Perpetual

Focus: Eligibility, snapshot date, token reward analysis.

Airdrop Guide

Arcus is a decentralized exchange developed by the dYdX Labs team in partnership with Robinhood Crypto, running natively on Robinhood Chain. The platform enables around-the-clock trading of more than 95 tokenized stock tokens with zero fees on spot trades. Beyond equities, Arcus is building out perpetual futures covering crypto, commodities, and indices — all within a self-custodial framework where tokenized stocks can serve as collateral for perps positions. Spot trading launched in beta on July 1, 2026, while perpetual futures remain in a closed beta with waitlist access. dYdX Foundation CEO Charles d'Haussy has confirmed that Arcus will launch its own token, and a dYdX community carve-out has been acknowledged, though allocation percentages, distribution mechanics, and a token generation event date have not been published.

How to Participate in the Arcus Airdrop

  1. Create an Arcus account. Visit the Arcus Exchange and sign up using Google or by connecting an existing wallet. Early sign-ups through referal links can receive a 5% discount on trading fees once perps go live.
  2. Deposit supported assets. Fund your account with USDC, USDT, BTC, or other supported crypto. You only need enough capital to begin spot trading — there is no minimum threshold disclosed. Please verify the token approval amount; authorize only the specific amount required for the transaction.
  3. Trade tokenized stocks on the spot market. Execute trades across the 95+ available stock tokens. Spot fees are 0%, making this the most cost-efficient way to generate on-platform activity. Aim for consistent, recurring trades rather than a single large batch to demonstrate sustained engagement.
  4. Join the perpetuals waitlist. Navigate to the waitlist page inside the Arcus dashboard, connect your X (Twitter) account plus an EVM wallet, and follow Arcus on X. Waitlist position is weighted by referrals and by historical perps volume on dYdX v3, Hyperliquid, and Lighter, as well as RWA volume through HIP-3, Cash, and TradeXYZ.
  5. Link your dYdX v4 wallet address. Connect a dYdX v4 address in the waitlist settings and join the Arcus Telegram group. Both actions are listed as ways to move up your queue position and likely tie into the confirmed dYdX community allocation.
  6. Refer other traders. Share your referral link to improve your waitlist rank. Arcus has stated that referrers can earn up to 10% of a referred trader's fees for life once the referral program is fully active.

Sustained participation strategy: If you have trading history on dYdX v3, Hyperliquid, or Lighter, connecting those walets is the strongest verifiable signal available right now. Combine that with regular spot trades on Arcus — since there is no fee cost — and keep monitoring for perps beta invitations as they roll out based on waitlist ranking.

Potential Reward

An Arcus-specific token has been confirmed by dYdX founder Antonio Juliano as separate asset from DYDX. A dYdX community carve-out is confirmed, but the exact allocation percentage, distribution method, TGE date, and vesting schedule have not been disclosed. The reward is likely tied to waitlist rank and trading activity, though final mechanics remain unannounced.

Airdrop Requirements

  • An Arcus account (sign-up via Google or wallet connection)
  • Deposited crypto assets (USDC, USDT, BTC, or other supported tokens)
  • Activity on the spot market — 0% fee tokenized stock trading
  • Waitlist enrollment for perpetuals (requires X account and EVM wallet)
  • Linked dYdX v4 address (strongly suggested for community allocation eligibility)
  • Membership in the Arcus Telegram group
  • Prior perps volume on dYdX v3, Hyperliquid, or Lighter and RWA volume through HIP-3, Cash, or TradeXYZ improve waitlist positioning but are not mandatory

Latest Arcus Airdrop Updates

As of the latest available information, Arcus spot trading is live in beta with perps still in a closed beta and waitlist phase; token allocation details, TGE date, and vesting schedule remain unannounced.

Risk

  • Unconfirmed distribution mechanics: While the token itself is confirmed, there no published airdrop formula. Criteria could shift or weight factors differently than current waitlist signals suggest.
  • Platform maturity: Arcus launched spot beta on July 1, 2026, and perps are not yet publicly accessible. Early-stage platforms carry smart contract and infrastructure risk, especially on a newer chain like Robinhood Chain.
  • Custodial bridge exposure: Depositing crypto onto Robinhood Chain requires bridging assets. Any bridge vulnerability could put deposited funds at risk.
  • Waitlist gaming: Because referals and connected wallets influence rank, sybil activity could dilute legitimate participants' positions before a snapshot.
  • Regulatory uncertainty: Tokenized stock trading in a DeFi context sits in an evolving regulatory area. Changes in enforcement posture could affect platform availability or token distribution.

FAQ

Is the Arcus token confirmed or speculative?

The token is confirmed. dYdX founder Antonio Juliano publicly stated that Arcus will launch its own token, separate from DYDX. However, the allocation size, distribution method, and launch date have not been announced yet.

Does past dYdX or Hyperliquid trading history help my eligibility?

Yes. Waitlist ranking explicitly factors in prior perpetual futures volume on dYdX v3, Hyperliquid, and Lighter, as well as RWA volume through HIP-3, Cash, and TradeXYZ. Connecting relevant wallet addresses in your Arcus profile is the way to surface that history.

Can I participate without spending any money on fees?

Spot trading on tokenized stocks carries a 0% fee, so the only capital at risk is the value of your deposited assets. Perps fees have not been published yet since the product is still in closed beta. You will still need to deposit crypto to trade, but the platform does not charge for spot execution.

[Data sources: airdrops.io source page, Arcus official website, project Twitter and Telegram]

Key Points

  • Airdrop Allocation: Not yet disclosed (dYdX community carve-out confirmed)
  • Distribution Method: TBA, likely tied to waitlist rank and trading activity
  • TGE Date: Not announced
  • Vesting Schedule: Not announced

Participation Guide

  1. 1

    Step 1: Visit Arcus and Sign Up

  2. 2

    Step 2: Deposit Funds

  3. 3

    Step 3: Trade Spot Stock Tokens

  4. 4

    Step 4: Join the Perps Waitlist

  5. 5

    Step 5: Connect Your dYdX v4 Address

  6. 6

    Step 6: Refer Other Traders