Skip to main content
ArcX tokenizes perp DEX trading strategies. Deposit USDC, receive two tokens: a Strategy Token (ST) for USDC returns and an Expected Points Token (EPT) for exchange points. Trade them separately or use the flash loop to maximize capital efficiency. 1 USDC deposited=1R ST+1 EPT1 \text{ USDC deposited} = \frac{1}{R} \text{ ST} + 1 \text{ EPT}

​
Choose your path

Maximize your exchange points exposure with leveraged EPT.
  1. Deposit $100 USDC into a strategy
  2. Receive 100 EPT + ST tokens
  3. Sell ST on the ArcX AMM at a ~10% discount ($90)
  4. Flash loop: re-deposit the $90 for more EPT
  5. Result: ~270 EPT for ~$27 effective cost
On perp trading terminals, you trade to earn points but your capital takes trading losses along the way. ArcX separates the points from the PnL risk.Get started | How flash loops work

​
What ArcX does

Every USDC deposit mints a Strategy Token (tracks USDC returns) and an Expected Points Token (tracks exchange points). Each can be held, sold, or redeemed independently.
Atomically deposit, sell ST, and re-deposit in a single transaction. Get 3-10x more EPT exposure than a simple deposit, without borrowing or liquidation risk.
ST trades on a Pendle-style AMM where the discount narrows as maturity approaches. Points farmers sell ST at a discount; yield seekers buy the discount.
Deposit from Ethereum, Arbitrum, Solana, and more via LayerZero. Strategies trade across Pacifica, Hyperliquid, Extended, and other perp DEXs.

​
Learn the protocol

Protocol Overview

How token splitting works, the flash loop, and the two-sided market.

The Three Tokens

ST, EPT, and PointsToken: minting, pricing, and redemption.

How Epochs Work

The epoch cycle: deposits, maturity, finalization, redemption.

ArcX vs Pendle

Coming from Pendle? Side-by-side concept mapping.

​
Go deeper

Credit Mathematics

How the credit system distributes points across time and activity.

EPT Pricing

The pricing equation, flash loop economics, and market dynamics.

Trust Model & Security

What you’re trusting ArcX with, attack vectors, and the decentralization roadmap.

Glossary & Reference

Key equations, parameters, and term definitions in one place.