Arkham Launches Perpetuals Exchange with ARKM Rewards

Blockchain analytics company Arkham Intelligence, known for its blockchain-based analytical solutions, has announced the launch of Arkham Perpetuals Exchange — a platform for trading perpetual contracts. The exchange is expected to go live next Wednesday.

Integration with Analytics Service and Rewards Program

According to the announcement, Arkham plans to link the new exchange with the suite of analytics tools on its main platform. This will allow users to benefit from not only trading functions but also access to research and analytical resources for in-depth market analysis.

To attract users, Arkham is also launching a rewards program where users can earn Arkham Points based on their trading volume. One month after the platform’s launch, these points can be exchanged for the company’s native token, ARKM. Over the past day, ARKM has risen by 3.36% and is currently trading at $2.11. However, it’s unclear if this increase is driven by the news of the exchange launch or by broader market trends following the recent elections in the USA.

Jurisdictional Restrictions

It’s important to note that Arkham Perpetuals Exchange will not be available to users from certain countries, including the United States. This limitation is due to regulatory restrictions, which Arkham follows to avoid potential compliance issues. The company likely aims to operate within a safe legal framework while upholding security and transparency standards.

Previously, the company launched the Intel Exchange platform for trading blockchain data. Despite mixed reactions in the early days, Intel Exchange has been noted in the community as a promising resource for data analysis and trading.