Microtrend / Rank 24 / Week of Oct 18 – Oct 24

Arcus Season 2 Week 3 points land and farmers immediately compare cost-per-point — with one tracked trader openly saying his Arcus points "doesn't seem worth it"

By NSA Intelligence · Report published Oct 26, 16:58 UTC

peakedarcus

Peak / day9tracked accounts

Peak dayThuOct 22 · busiest day in the panel

Rest of X / peak day—not measured outside the panel

Cited claims10source links retained

Market—no token attached

Attention

Who was talking, day by day

Oct 18 – Oct 24 UTC

Tracked paneldistinct tracked accounts / day

What happened

On 2026-10-21 and 2026-10-22, Arcus (@arcus_xyz) Season 2 Week 3 points were distributed, and tracked accounts posted their results and questioned the economics: @victortopdefig reported 0.6 points for a $2k ETH position held all week (his stated extrapolation: a $20k position would yield 6 points and $200k 60 points) and @williamm168 posted his Week 3 score while asking others to reply with theirs. @absoluto92 said on 2026-10-20 that "another distribution coming soon" on Arcus and that points "doesn't seem worth it at this point" as he cut his Arcus volume and considered going back to Lighter RH, while @capy_onchain's 2026-10-21 tier list moved Arcus down to B tier, "getting less of my capital and attention." Around the same posts, @mrbutlerhl framed the Robinhood connection (the 190+ tokenized equities on Arcus spot, Robinhood Chain live) as a possible "Uniswap for stocks," @louisdives cited DefiLlama perp DEX OI showing Arcus at $106M (+11.8% over 7 days), and @_miki777 described MRNA perp trading continuing on Arcus while the underlying MRNA shares were halted after a 25% drop.

Why it matters

Points distributions are the moment a farming cohort re-prices a project in public: Arcus went from a top-ranked farm target to a mid-tier one in the same week its Week 3 points dropped. For a content team covering perp DEX farming, the distribution-to-cost-per-point reaction is the concrete, repeatable story — and the Arcus/Robinhood/oracle-less-RWA angle is the differentiator to cover alongside the points math.

Observed reaction

Split and turning skeptical on the farming economics: most accounts are not attacking the product (RWA/tokenized-equity angles are discussed positively by @mrbutlerhl and @_miki777) but a cluster of tracked farmers (@absoluto92, @capy_onchain, @victortopdefig) are openly questioning whether Arcus points are worth the capital versus Lighter RH, Variational and RISEx.

Spread

Where it started and who carried it

First seen: Oct 18, 00:45 UTC by @arcus_xyz
Accounts: 15 tracked · 5 elsewhere on X
Communities: perps trading (9), airdrops farming (2), eth defi (1), prediction mkts (1)
Key accounts: @arcus_xyz, @worldofmercek, @aprilonehs, @gkisokay, @gyokeres_eth

Explainability

Evidence register

Every claim links to the posts behind it

Arcus Season 2 Week 3 points were distributed, with tracked accounts posting their scores on 2026-10-21/2026-10-22

[1][2]

@victortopdefig reported 0.6 points for a $2k ETH position held all week, extrapolating to 6 points for $20k and 60 points for $200k

[1]

@williamm168 posted his Week 3 Arcus points and asked others to reply with theirs, aiming for a bigger score in Week 4

[1]

@absoluto92 said another Arcus distribution was coming soon, that he slowed his Arcus volume and said points 'doesn't seem worth it', considering returning to Lighter RH

[1]

@capy_onchain's updated perp farming tier list put Arcus in B tier, getting less of his capital and attention, behind Variational and Lighter RH (S) and RISEx and TxFlow (A)

[1]

@louisdives cited DefiLlama perp DEX OI showing Arcus at $106M, up 11.8% versus 7 days earlier

[1]

@mrbutlerhl said Robinhood has backed Arcus, invested in it and integrated its trading infrastructure into Robinhood Wallet, with 190+ tokenized equities available on Arcus spot and Robinhood Chain live

[1]

@_miki777 said MRNA shares fell 25% and were halted on the primary exchange while MRNA perpetual contracts continued trading on Arcus because Arcus has no centralized trading-suspension mechanism

[1]

@absoluto92 posted a trading tip about Arcus RWA funding being flat at 5% over the weekend versus perp DEXs like TxFlow and RISEx

[1]

@louisdives listed Arcus among 'top perp dex you must farm' alongside Variational, Entropy, TxFlow and RISEx

[1]

Angles

The points-efficiency math: run @victortopdefig's 0.6 points per $2k and @williamm168's Week 3 ask against @capy_onchain's S/A/B tiering — where does Arcus actually sit on a cost-per-point basis now, and what changed versus Week 2?
Arcus's RWA differentiator as a product story, not a points story: the MRNA 25% drop with exchange halts while MRNA perps kept trading on Arcus, plus the 190+ tokenized equities on Arcus spot and the Robinhood Wallet/Robinhood Chain link @mrbutlerhl flagged.
Tier-list economics for perp DEX farming: OI as the real signal (@louisdives: Arcus $106M, +11.8% w/w on DefiLlama) versus wash-farmable volume, and whether 'farm Arcus or go back to Lighter RH' is the actual decision this week.

In the playbook for Wed, Oct 28 · goes stale fast

Formats in use

points-score screenshots / position recap
tier list breakdown with per-project notes
quote-tweet with personal score
ratio math ($ position → points)
project explainer thread (Arcus vs DEX, perp CLOB, RFQ spot)
airdrop farm list / guide roundup

Risks

Multiple farming posts carry referral/access codes (@absoluto92's Arcus access code, @louisdives's TxFlow/QFEX discount links, @9xvenom's guide links) — treat as likely incentivized promotion, not organic endorsement.
All point counts, cost-per-point figures and OI numbers are account-stated claims; only DefiLlama is cited for OI and there is no independent verification in-thread.
The MRNA halt/continued-perp-trading account comes from a single tracked post (@_miki777) — attribute it rather than stating it as fact.
No price predictions or farming recommendations: the 'is 0.6 points per $2k good' question is the story, not an endorsement.

Observed content

Most-engaged posts

6 posts on X

LO@louisdives131 likes

Top pepr dex you must farm, if not you will regret: 1. Variational 2. Entropy 3. Arcus 4. TxFlow 5. RISEx Do I miss something?

Open on X →

TR@trippan066 likes

HL = claude Lighter = deepseek Aster = grok Vari = perplexity Extended = mistral Pacifica = kimi Risex = gemini Arcus = meta Txflow = qwen Too many? Bubble where.

Open on X →

CA@capy_onchain65 likes

My updated perp farming tier list. Variational and Lighter RH remain my highest-conviction picks. RISEx is moving up my priorities, while Arcus and Entropy are getting less of my capital and attention. Here’s what changed and how I’m looking at the numbers. S: Variational / Li

Open on X →

AB@absoluto9261 likes

Tip for @arcus_xyz ⬇️ The whole weekend and most of the "After hrs", Funding is flat 5% on all the RWAs So you can Long it with against a perpdex with better Funding (txflow, riseX etc) There is usually a price gap between Arcus and everything else, if you find y

Open on X →

AB@absoluto9260 likes

Another distribution coming soon on @arcus_xyz I slowed down Volume this week, mostly kept OI -- thinking to give up and start RH Lighter again😅 Points doesn't seem worth it at this point😅 But I might continue, I'm indecisive Did you changed anything this week

Open on X →

_M@_miki77749 likes

Good evening! Continuing to explore the @arcus_xyz project and how trading on that platform differs from others How is #Arcus different from DEXes? Purpose-built for performance: The Arcus exchange was designed to reliably offer sub-20ms trade finality for hundreds of thousand

Open on X →

History

Weeks this story made the report

1 week

Oct 18 – Oct 24μ24peakedArcus Season 2 Week 3 points land and farmers immediately compare cost-per-point — with one tracked trader openly saying his Arcus points "doesn't seem worth it"