The Reasons Behind the Closure of Arkham Exchange
According to insiders, Arkham Intelligence's crypto exchange, Arkham Exchange, will be shut down primarily due to insufficient trading volume.
In October 2024, Arkham Intelligence first announced its plan to enter the crypto derivatives market. However, less than a year later, the platform decided to terminate its trading services.
Challenges in Development
In early 2025, Arkham Exchange successfully launched spot crypto trading in several U.S. states and released a mobile trading app in December 2025 to attract more users.
Despite these efforts, trading volume remained low. Data from CoinGecko shows that Arkham’s trading volume over the past 24 hours was only around $620,000, far below industry leaders.
- October 2024: Announced plans for derivatives market
- Early 2025: Launched spot trading services
- December 2025: Released mobile trading app
- 2026: Announced exchange closure
Looking Ahead
Although Arkham Exchange is set to close, Arkham Intelligence will continue to focus on on-chain data analysis and strengthen its core business in this field.