Stock and perp DEX · Airdrop guide

Arcus airdrop guide

Arcus, the stock token and perpetuals exchange built by dYdX Labs and Robinhood Crypto, started Season 1 of Arcus Points on 1 October 2026. It has no token, and its terms say points don't guarantee an airdrop.

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Is there an Arcus airdrop?

Not yet. Arcus has no token, and its help center says so. What exists is Arcus Points. Season 1 began on 1 October 2026, and private beta testers got a separate Season 0 allocation.

The points terms say a points program doesn't guarantee a token launch or an airdrop. The only token statement on record is from dYdX founder Antonio Juliano, who wrote that part of any future Arcus token would be reserved for the dYdX community.

What Arcus is

Arcus is a decentralized exchange on Robinhood Chain, built by dYdX Labs and Robinhood Crypto. It has a spot market for Stock Tokens and perpetual futures on stocks, crypto, commodities and indices with up to 50x leverage. Perpetuals use USDG as collateral.

How Arcus points work

Season 1 points go out every Wednesday at 3PM EST. You earn them by trading, making markets, keeping deposits on the exchange and referring traders. Trading Stock Tokens and other real-world assets currently earns more, as does trading outside regular US market hours. Spot swaps made in Robinhood Wallet and executed through Arcus also get a boost. The boosts can change.

Arcus airdrop step-by-step guide

  1. Check that you're eligible. Arcus isn't available in the United States, Canada or the United Kingdom, and users must be 18 or older.
  2. Bridge a little ETH to Robinhood Chain for gas, open app.arcus.xyz and connect a wallet. Spot trading needs no invite.
  3. For perpetuals, get an invite code from an existing trader and deposit USDG. Traders earn one code for every $1 million of perpetuals volume.
  4. Trade, then check your weekly allocation on the points dashboard.

Join ArcusOpens app.arcus.xyz

Arcus costs and fees

Spot Stock Token trades carry no Arcus fee, though you pay gas in ETH. On perpetuals, the entry tier pays a 0.0225% taker fee and no maker fee during the beta. The larger cost is market risk: perpetuals charge hourly funding, and a leveraged position can be liquidated.

Arcus risks and eligibility

  • The US, Canada, the UK and sanctioned regions are restricted, and the terms prohibit using a VPN to get around the block.
  • Arcus allocates points at its sole discretion and can reduce or cancel them, including retroactively.
  • Wash trading, self-matching, rapid deposit and withdrawal cycles and hedged farming can cut your points to zero.
  • Points can't be transferred or sold.

Who is behind Arcus?

Arcus was incubated at dYdX Labs. Eddie Zhang is founder and CEO, and Juliano sits on the board. Arcus says Robinhood Crypto has invested in it and that Robinhood is a strategic partner that doesn't own the exchange. The help center says OpenZeppelin and Trail of Bits audited the contracts before launch.

Sources

  1. Introducing Arcus Points Arcus,
  2. Arcus Invite Codes Are Live Arcus,
  3. Protocol Terms, including Annex C: Points Program Terms Arcus
  4. What are the perp fee tiers? Arcus Help Center
  5. A New Arc dYdX,
  6. Arcus x Robinhood: Trade Stocks & Perpetuals, 24/7 Arcus,

This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check Arcus's official channels before you connect a wallet or deposit funds.