The well-known blockchain data analysis platform Arkham Intelligence announced that it will launch a perpetual contract exchange next Wednesday, marking its first direct involvement in cryptocurrency trading.
Arkham noted in a promotional video that the new exchange will support trading pairs for 'spot' and 'perpetual contracts', and will also feature 'real-time on-chain audits' and 'auditable proof of reserves'.
In addition, the trading platform will integrate with Arkham's existing on-chain data dashboard, allowing users to track transactions and wallet labels more conveniently; this dashboard is widely used in the cryptocurrency industry.
ANNOUNCING THE ARKHAM PERPETUALS EXCHANGE pic.twitter.com/wDfJLb9nm0
— Arkham (@ArkhamIntel) November 6, 2024
Arkham stated that the exchange is expected to officially launch next Wednesday and is currently open for early registration, but the platform will not be available in certain regions, including the United States.
Arkham pointed out that after the new platform opens for trading, users will have the opportunity to accumulate points based on trading volume, VIP accounts can enjoy a 10% bonus on earned points, and points earned from referring the Intel Platform remain valid. In the first 30 days after trading starts, VIP users can continue to earn points through referrals and VIP nominations, which can be redeemed for ARKM tokens 30 days after trading begins.
VIPs who open an Exchange account can earn a 10% boost on their earned points so far.
Points earned by VIPs for Intel Platform referrals remain valid.
During the first 30 days of trading, Arkham VIPs can continue to earn points for Intel Platform referrals and VIP nominations…
— Arkham (@ArkhamIntel) November 6, 2024
Arkham has always attracted attention in the cryptocurrency market and has raised at least $12 million in funding, with investors including Silicon Valley venture capital mogul Peter Thiel and OpenAI CEO Sam Altman.
Arkham excels in blockchain analysis, utilizing AI technology to de-anonymize on-chain data and provide in-depth on-chain analysis, enabling users to monitor cryptocurrency transactions, visualize blockchain activity, and set alerts for specific on-chain activities.
Last year, the company launched the data marketplace 'Intel Exchange', allowing users to trade on-chain data and wallet information on the platform, which once sparked strong criticism from privacy advocates, who labeled the platform as a 'token-driven open intelligence market'.
Arkham CEO Miguel Morel stated at the time in response to the controversy:
Intel Exchange creates a more monetizable platform for on-chain researchers, allowing them to exchange information more freely.
For example, an analyst known as ErgoBTC successfully identified the wallet of Terraform Labs founder Do Kwon and earned 9,519.26 ARKM tokens (worth approximately $4,950 at the time) on the platform.
"The 'Arkham Perpetuals Exchange' will launch next week, early registration is open now" this article was first published on (BlockTempo).
