Crypto
dYdX rebrands as Arcus, targets top DEX on Robinhood chain
dYdX Labs has partnered with Robinhood to rebrand its protocol as Arcus and launch a new decentralised exchange on Robinhood Chain. Arcus will operate on Robinhood Chain, a Layer 2 blockchain based on Arbitrum. The dYdX Foundation said it developed Arcus with dYdX Labs and Robinhood, and that the existing dYdX blockchain is not affected. Arcus aims to become the leading DEX on Robinhood Chain.