Arkham Intelligence Launches New Perpetual Futures Exchange with Integrated Analytics Tools

Blockchain analytics firm Arkham Intelligence has officially unveiled plans for its new Arkham Perpetuals Exchange, which is set to go live next Wednesday. The platform will offer both spot trading and perpetual futures contracts, with an emphasis on transparency, including on-chain auditing and traceable proof of reserves, providing users with greater confidence in their trading experience.

Key Features of the Arkham Perpetuals Exchange

The Arkham Perpetuals Exchange aims to distinguish itself with a robust set of features, including integration with Arkham's existing analytics platform. This will allow users to access advanced research and market investigation tools, offering a unique blend of trading functionality and data-driven insights. Sign-ups for the exchange are already open, with the platform set to launch next week.

Arkham's commitment to transparency is highlighted by its use of on-chain auditing and proof of reserves, ensuring that users can independently verify the liquidity and backing of assets on the platform. This feature could appeal to traders looking for more accountability and security, especially in the increasingly scrutinized space of crypto derivatives.

Eligibility and Rewards System

While the exchange is designed to be accessible to a wide range of users, eligibility will vary by jurisdiction. Notably, residents of the United States will not be able to use the platform, as Arkham complies with local regulatory requirements.

To incentivize early adoption, Arkham is introducing Arkham Points, a rewards system based on a user’s trading volume. Points will be available to all users, but VIP account holders will be able to earn a 10% boost to their point accumulation. After 30 days of trading, users will have the ability to redeem their Arkham Points for ARKM, the firm’s native token.

Arkham's Expanding Ecosystem

The launch of the perpetual futures exchange follows reports from October that Arkham was considering the development of a crypto derivatives platform, signaling its ambition to expand its role within the crypto space. The exchange marks the latest milestone in Arkham’s growth, following the release of its native token, ARKM, and the successful launch of its Intel Exchange marketplace.

Despite some mixed reactions to the initial rollout of the Intel Exchange, which facilitates the trading of on-chain intelligence, Arkham has managed to carve out a niche in the crypto data and analytics market. In recent months, ARKM has gained traction, with the token now ranked among the top 150 cryptocurrencies by market cap.

Backing and Market Performance

Arkham has attracted significant backing from high-profile investors, including Peter Thiel, the billionaire tech entrepreneur, and Sam Altman, CEO of OpenAI. This support has bolstered the company’s ambitions in the blockchain analytics and crypto derivatives sectors. As of now, ARKM is trading at $2.15, reflecting a 27% increase in the last 24 hours, showcasing growing investor confidence in both the token and the platform.

Conclusion

Arkham Intelligence’s new Perpetuals Exchange represents an exciting expansion of the firm’s offerings, combining advanced trading tools with the transparency and analytical capabilities that Arkham is known for. As the platform prepares to go live, it’s positioned to compete in the rapidly growing crypto derivatives market, further establishing Arkham as a key player in the blockchain analytics and trading space. The integration of Arkham Points and other rewards systems could drive user engagement, while the support from prominent investors adds credibility to its long-term prospects.