Robinhood Wallet Integrates Arcus Exchange for Stock Token Trading
Robinhood Wallet has integrated the trading API of Arcus, a decentralized exchange built by the team behind dYdX, to route stock token trades. This integration provides eligible users access to over 190 tokens. Arcus utilizes a request-for-quote system to provide binding quotes from professional market makers, aiming to improve liquidity and execution compared to automated pools. Additionally, Arcus launched a points program where users can earn boosted points for swaps executed through the Robinhood Wallet integration.
Summaries are written by AI from the original article. Not investment advice.