Robinhood Launches L2 Blockchain and DEX Arcus
Key Questions
What did Robinhood announce regarding blockchain?
Robinhood launched its own L2 blockchain and tokenized stocks while partnering with dYdX (rebranded Arcus) for a DEX.
What yield does Robinhood offer on USDG?
Robinhood offers 7% APY on USDG lending along with AI trading tools.
How did the L2 launch affect altcoins?
Integration with Uniswap drove a 14% bounce in UNI and contributed to Ether's climb toward $2,000.
Robinhood announced its own L2 blockchain and tokenized stocks, partnering with dYdX (rebranded as Arcus) to launch a DEX. Offers 7% APY on USDG lending and AI trading. Integration with Uniswap drove a 14% UNI bounce. This bridges TradFi and DeFi, and is a catalyst for Ether's climb toward $2K.
Sources (2)
Updated Jul 9, 2026