Arkham Intelligence has announced the launch of a new derivatives exchange, set to commence operations shortly.
Relocation and Launch of the New Exchange
Earlier in October, Arkham Intelligence relocated to prepare for the launch of its new derivatives exchange. The exchange is open for signups, with trading scheduled to begin in a week.
Features of Arkham Derivatives
Arkham Intelligence has unveiled that perpetual futures will be the first derivatives on the exchange. The company introduces 'exchange points', earned by users based on their trading volume.
Impact on ARKM Token
Following the exchange announcement, the ARKM token rose 14.48% to $2.15, marking a brief recovery after earlier lows this year.
Arkham Intelligence's launch of its derivatives exchange could bolster its position in the cryptocurrency market due to its reputation in blockchain data analytics.