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We tokenize perp DEX strategies into two outcomes. Deposit USDC into a strategy vault, receive a Strategy Token (ST) (your claim on USDC returns) and an Expected Points Token (EPT) (your claim on exchange points). Each token trades on its own orderbook: EPT/USDC and ST/USDC. Points farmers buy EPT. Yield seekers buy discounted ST. Each user gets exactly the exposure they want, at a price set by the market.

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Learn

How ArcX Works

The two-orderbook architecture, minting equation, credit system, and how ST and EPT are priced.

Strategy Token (ST)

Your claim on the strategy’s USDC value. NAV tracking, share pricing, redemption after maturity.

Expected Points Token (EPT)

Your claim on exchange points. Credit accrual, checkpointing, and how points are distributed at maturity.

User Guide

Step-by-step: deposit, trade on the orderbooks, redeem. Start here if you want to use the product.

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Strategies

Bluechip Funding Arb

Delta-neutral funding rate arbitrage across major perp DEXes. Dual-leg OI earns points on every exchange.

Long Bitcoin

Directional 1x long BTC. Sell the EPT to subsidize your holding cost.

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Go Deeper

Credit Mathematics

How the credit system distributes points fairly across time and activity.

EPT Pricing

The pricing equation, orderbook dynamics, and market mechanics.

Trust Model

What you trust us with, attack vectors, and the decentralization roadmap.