CYPH ICO Launches Today for xGRAIL Holders with Whitelist Access

**Camelot has signed a strategic licensing agreement with Sheriff Exchange**, an independent team building on Robinhood Chain. **Key Details:** - Rather than competing, both protocols chose to align incentives through licensing - Camelot secured an allocation of Sheriff token supply for its community - The deal aims to prevent liquidity fragmentation between competing native protocols - Sheriff team brings RWA (Real World Assets) expertise to maximize Robinhood Chain's potential **Camelot's Position:** The protocol remains exclusively focused on Arbitrum, maintaining its commitment from the past several years. The partnership represents a strategic choice to strengthen both ecosystems rather than fragment resources through competition.

Camelot has signed a strategic licensing agreement with Sheriff Exchange, an independent team building on Robinhood Chain. Rather than competing and fragmenting liquidity, the two protocols are aligning interests. **Key Details:** - Sheriff is forking Camelot's codebase and integrating CryptoAlgebra's AMM technology - The team aims to become the native DEX for Robinhood Chain - Sheriff brings experience in developing tokenized asset infrastructure - The partnership prioritizes unified liquidity over competition This collaboration represents a pragmatic approach to DEX development, where established protocols license their technology to specialized teams rather than launching competing versions across different chains.

Camelot, a decentralized exchange (DEX), is launching on Robinhood's new Layer 2 network built on the Arbitrum stack. The deployment marks the culmination of a two-year commitment made long before Robinhood's chain went live. **Key Points:** - Camelot is the only DEX to deploy across multiple Arbitrum Orbit chains - The team committed to supporting Robinhood chain nearly 2 years before its launch - This expansion is part of Camelot's broader strategy to scale the "Orbital Liquidity Network" - The move provides Arbitrum builders with established liquidity infrastructure Camelot has positioned itself as a key liquidity provider within the Arbitrum ecosystem, offering customizable infrastructure designed for sustainable and adaptable liquidity solutions across various Layer 2 networks.

Camelot is partnering with DojiFunded to offer onchain proprietary trading opportunities to its community. **Key Details:** - Traders can access up to $100k in funding - Trade perpetuals on GMX's 100+ crypto and commodity markets - Prove trading skills to secure capital - 30% discount on fees available - Select participants receive free $5k accounts The program allows traders to take larger positions with provided capital, sharing profits on payout. Execution runs on GMX's platform, covering cryptocurrencies and commodities including Gold, Silver, Oil, and Natural Gas. Interested traders can submit applications through Camelot's Discord ticket system. Learn more about Doji's prop trading model at [discord.gg/H6ysz2Nsav](https://discord.gg/H6ysz2Nsav)

Cypher Ethereum has launched its airdrop distribution for xGRAIL holders, following the protocol's expansion to Ethereum Layer 1 in late 2025. **Key Details:** - The airdrop rewards xGRAIL holders as part of Cypher's expansion using Camelot's liquidity infrastructure - Claims are available at [app.cyphereth.com/airdrops/xgrail](https://app.cyphereth.com/airdrops/xgrail) - This marks Cypher's transition from Camelot's Layer 2 DEX foundation to building capital markets on Ethereum mainnet The distribution follows Cypher's announcement in November 2025 about expanding Camelot's three-year-old Layer 2 DEX infrastructure to Ethereum L1. **Check your eligibility and claim your CYPH tokens at the airdrop portal.**