Arcus is a leading decentralized exchange built in collaboration with Robinhood. It gives users self-custodied access to trade spot and cross-margined perpetuals on crypto, stocks, commodities, and equities - all from a single account, 24/7.
On July 1, 2026, the project was launched in beta with public access to spot markets and waitlist-based private access to perps.
Arcus crypto token hasn't been officially announced, but according to a post on X by the dYdX CEO, the Arcus project is a completely separate product with its own infrastructure. Based on this post, we can conclude that a token is being planned.
As of July 2026, there’s no official information about the points farming campaign or any other activities related to token farming. Nevertheless, the CoinLaunch team assumes the qualification metric for the potential Arcus airdrop will be similar to other Perpdex exchanges: trading volume.
You have to interact with the Arcus DEX trading platform, and here are the main ways to do so and farm the potential airdrop:

To begin, go to the waitlist page and sign up by linking your X account, then your wallet. On this page, you will be able to add as many additional wallets as you like and track your current position in the queue.
As of July 13, 2026, the team reported that there were already more than 70,000 accounts on the beta access waitlist.
To speed up the process of gaining access to the platform, the team recommends trading Stock Tokens on spot, since volume there counts toward your position in the waitlist. Your trading volume on HyperLiquid, Lighter, and TradeXYZ RWA markets also helps you climb faster. That's why we recommend you connect as many wallets as possible that you've used for trading on these platforms, so you can gain access to the platform faster.

Once you receive access, the waitlist page will be replaced by the Arcus Perps page. Similar to other projects, you'll need to open and close perp positions to generate trading volume. Build your own farming strategy, and keep an eye out for the official start of the points program or any other updates from the team.
Another way of farming that is less risky and requires minimal time investment is passive farming.
Instead of actively opening and closing positions, you can maintain hedged exposure by opening cross-direction positions on Arcus and another perpetual DEX, such as Extended, Omni Variational, or TxFlow. Keeping these positions open for a longer period may better resemble organic trading behavior while maintaining consistent open interest that will increase your chances for airdrop qualification.
By choosing the right combination of assets and exchanges, you may generate extra yield from funding while simultaneously qualifying for incentives or future airdrops on 2 different platforms. You just need to be careful, avoid overleveraging, and maintain sufficient liquidity on the exchanges to prevent unexpected liquidation.
We will continue to expand this guide as the beta becomes public and as the team releases further updates.

While waiting to gain access to Perps, focus your attention on spot markets. For now, Arcus Spot allows you to trade around 95 Stock Tokens across stocks, commodity ETFs, index ETFs, and other ETFs, each traded against USDG, a USD-pegged stablecoin.
You need to buy and sell assets to increase your trading volume; this will help you both gain access to Perps more quickly and showcase your activity for a future Arcus airdrop. It’s worth noting that the platform’s commission is 0% for Stock Tokens trading.
Other metrics the Arcus team might track include how long positions stay open, average open interest per position, and which trading pairs are most active, so try to stay diverse in your farming strategy.

As with other perp DEXs, bringing in new users through referrals could boost your airdrop allocation as well as your standard referral earnings.
Basically, you earn a share of 10% of the trading fees paid by anyone you refer to Arcus, for as long as they keep trading (10%), plus smaller shares when your referees bring in their own referrals - 3% at the second level and 2% at the third. Earnings are based on the net fees your referees pay.
Referees receive a 5% discount on all trading fees.
Keep an eye on the project's X account to track any updates about the start of the airdrop campaign or other incentivized initiatives.
Good Luck! 🍀
Visit the Arcus website;
Sign up to the perps waitlist;
Trade on the Arcus Spot following our guide in the “how to join” section;
Invite friends to join Arcus and earn referral rebates + potential airdrop;
Once you gain access to Arcus Perps, keep trading there using our guide in the “how to join” section;
Receive your share at the Arcus TGE.