Arkham Intelligence launches on-chain perpetual market platform

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Cryptobriefing2024/11/07 02:11

By:Cryptobriefing

Key Takeaways

Arkham Intelligence introduced an on-chain perpetual trading platform called Arkham Exchange.
The exchange will be available next week, with VIP users accruing points redeemable for ARKM tokens

Arkham Intelligence, the blockchain analytics firm, announced the launch of Arkham Exchange, a new on-chain perpetual trading platform featuring transparent operations and live auditing capabilities.

The platform, set to begin trading operations in one week, will offer spot and perpetual trading pairs with traceable proof of reserves.

Users can earn Arkham points based on their trading volume on the exchange, with points being available to all participants.

Arkham VIP users will receive additional benefits, including a 10% boost on earned points when opening an exchange account.

Points will become redeemable for ARKM tokens after the first 30-day trading period, and VIPs can continue earning points through Intel Platform referrals and nominations during this initial period.

Arkham’s native token, ARKM, has risen 25% in the past day, according to CoinGecko data , amid a market rally following Donald Trump’s election to a new term as the 47th president of the United States.

The exchange will maintain jurisdiction-based restrictions, with users from certain regions, including the US, being excluded from onboarding.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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