Arkham announces a new perpetuals exchange

Arkham Intelligence is making significant strides in the crypto space with the upcoming launch of its Arkham Perpetuals Exchange. Set to go live next Wednesday, this exchange will enable users to trade both spot and perpetual futures, with the added transparency of on-chain auditing and traceable proof of reserves. This is in line with Arkham’s broader focus on providing clear, traceable data to users, leveraging its analytics expertise.

A unique feature of the exchange is the integration with Arkham’s existing product suite, which includes its research and market investigation tools. This could give traders a more comprehensive view of the market by incorporating Arkham’s intelligence into trading strategies.

Key Features of the Arkham Perpetuals Exchange:

• Perpetual Futures: Traders can engage in perpetual futures, a popular derivative in crypto markets.
• On-Chain Auditing: Ensures transparency with proof of reserves, giving users confidence in the platform’s liquidity.
• Market Research Tools: Integration with Arkham’s analytics tools could help traders make more informed decisions.
• Arkham Points: Users can earn Arkham Points based on their trading volume, which can be redeemed for ARKM tokens after 30 days. VIP accounts get a 10% boost in points.
• Geographical Restrictions: The platform will not be available to residents of certain jurisdictions, including the United States.

The launch follows Arkham’s growing influence in the blockchain analytics space, notably after the release of its ARKM token, which has seen a significant rise in value, gaining 27% in the last 24 hours. Despite some mixed reactions to the launch of its Intel Exchange marketplace, Arkham has continued to position itself as a major player in crypto intelligence.

With backing from notable figures like Peter Thiel and Sam Altman, the Arkham Perpetuals Exchange is poised to draw attention from both retail and institutional traders who are interested in a more transparent, data-driven approach to crypto trading. The timing of its release, coupled with Arkham’s growing ecosystem, could position it as a formidable player in the increasingly competitive crypto derivatives market.