Elite Dangerous: Arena has native HTC Vive and Oculus Rift support through Steam.

Here is what to expect.

Four different ships to choose from with varying play styles,

Ranks and custom loadouts to unlock over time,

Four different maps to play on,

Three game modes: 8-player Free-for-All, Team Deathmatch, and Capture the Flag,

When you reach CQC Rank 50 you’ll be given the option to 'Prestige'. You will set your rank back to one and lose all your unlocks, but in return you’ll be able to earn more credits for use in the main game, and get a permit to the Attilius Orbital starport in CD-4311917 where you’ll get exclusive discounts on many modules and ships. You can prestige up to level 9 and at that point you’ll be receiving the maximum amount of credits you can take in to the Elite Dangerous galaxy.

Arena is the PVP mode already in Elite Dangerous so all players who own Elite Dangerous or Elite Dangerous: Horizons will already have access to it. Simply select Arena from the in-game main menu to play.