Arkham Research Launches a New Exchange for Perpetual Trading

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

Blockchain analytics firm Arkham Research has launched an exchange for trading perpetual futures, marking its entry into the crypto trading ecosystem.

Arkham Research Launches a New Exchange for Perpetual Trading

TL;DR

  • Arkham Research is entering the crypto market with the launch of its perpetual trading platform.

  • Arkham is a blockchain analysis platform that leverages artificial intelligence (AI) to analyze the blockchain and on-chain data.

Arkham Research Launches a Perp Trading Exchange

Arkham Research, a leading blockchain analytics firm, announced on Wednesday that it has launched an exchange for trading perpetual futures ("perps"). This latest development marks Arkham’s entry into the cryptocurrency trading ecosystem.

Arkham added that the cryptocurrency exchange would provide live onchain auditing, traceable proof-of-reserves and support spot/perp trading pairs. The exchange also comes with a tie-in with the company's data dashboard, used across the crypto industry to track transactions and label wallets. 

Arkham added that the exchange will go live next Wednesday, but prospective users must register before onboarding. However, the exchange will not be available in certain jurisdictions, including the United States. 

Perpetual swaps are a type of derivative contract without an expiration date. Traders use this product to leverage up or hedge their positions without holding a token physically.

Arkham’s native token, ARKM, has performed well over the last few days. It has been up 4% in the last 24 hours and now trades at $2.10 per coin.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.