| title | ArcX Documentation |
|---|---|
| description | ArcX wraps perp DEX strategies into a vault token that earns yield and credits for supported reward programs. Buy ST or EPT for isolated exposure. |
| icon | book-open |
Deposit USDC into a vault, receive a vToken — a vault share that earns yield and accrues credits for supported reward programs. Hold it for the combined exposure, or buy ST (principal + yield) or EPT (rewards side) on the orderbook to concentrate into the side you want.
Reward buyers buy EPT for rewards-side exposure. Yield seekers buy discounted ST for principal + yield exposure. Or just hold vToken and earn both.
The vToken vault, orderbook mechanics, credit system, and how yield, credits, and rewards work. The base vault share. Deposit, earn, trade, withdraw. Start here. The principal + yield side. Buy at a discount, redeem at maturity. The rewards side. Accrues credits that generate CreditTokens.
Step-by-step: deposit, trade, claim, and withdraw. Start here if you want to use the product. If you know Pendle, here's ArcX in terms you already understand.
How credits generate CreditTokens — the GCI formula and period weighting. How ST and EPT are priced, orderbook dynamics, and what drives the ST discount. What's on-chain, what's off-chain, and how each component is protected.