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Claims that Arkham Exchange, an exchange developed by crypto analytics company Arkham Intelligence, would be shutting down have been denied.
It is not closing down, according to the company’s founder and CEO Miguel Morel, who said it was “going from a centralized exchange (CEX) model to largely decentralized Exchange (DEX), which would be transitioning from an EX-based system” model.
Morel, in a statement after reports that the exchange would close, said ‘Arkham Exchange is transitioning from centralized exchange to fully decentralized one. It’s the future of crypto trading, and that’s what we’re building up with a decentralized future for crypto. ” , ‘I’m sure it is worth reading.
The platform, which supports spot and futures trading, had also launched its mobile app at the end of 2025. But meanwhile, company management said “the centralized exchange model had gradually become “bloated” and was slow to respond in response to user needs.” Paraphrast.
But Morel, who also refers to centralized exchanges, said ‘The current platforms are even more complex than the traditional financial systems they promised to improve. We don’t want to invest in that . – ’.
Despite the fact that some US states have started spot cryptocurrency trading in early 2025, Arkham Exchange has had low trading volume performance. The platform hosted about $620,000 worth of transactions over the past 24 hours.
Compared to the world’s largest cryptocurrency exchange, Binance, it has an average daily trading volume of around $9 billion and the second-placed Coinbase is about $2 billion. Founded in 2020 and with more than 3 million registered users today, Arkham’s investors include Sam Altman, Draper Associates, Binance Labs and Bedrock.
ARKM token The platform has lost more than 84% of its value in the past year and is trading around $0 (£1 per cent) on an exchange that was called ‘ARKR’. 11 paraphrasingr
This graph shows the decline in ARKM’s price over the past year.
*This is not investment advice.
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