PHOOD3X

Arcus HOOD (3x Long)

Price
$56.89
24h
+7.0%
7d
−12.5%
Market cap
$116.4K
24h volume
$172

robinhood 0xe24cabdf76dd1c2576049167eb1755c84b985c36

Report

Arcus HOOD (3x Long) (PHOOD3X) is a leveraged token on Robinhood. 2K are in circulation, with no maximum. It ranks 6019th by market capitalisation among the coins tracked here. The project publishes its website, explorer, X and telegram, all responding as of 16 October.

pTokens are an ERC-20 primitive built on Arcus, a spot and perpetuals decentralized exchange operating on Robinhood Chain. Each pToken tokenizes an Arcus perpetuals account, so fractional, freely tradable shares in that account's assets and open positions can trade like any other token. Holding a pToken gives leveraged exposure to a target market and leverage level without needing to open a perpetuals account, post collateral, monitor margin, or manage rebalancing directly. The account behind each pToken is rebalanced automatically whenever its exposure drifts past a set threshold, keeping it close to its stated target.

Because pTokens are standard ERC-20s, they sit in any wallet, transfer in a single transaction, and work with anything on Robinhood Chain built to handle ERC-20 tokens.

Arcus HOOD (3x Long)'s own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
2.0K
Total supply
2.0K
Max supply
No cap

Supply as of 3h ago