Arkham Trade shouldn’t be shutting down, regardless of reviews on the contrary, and is as an alternative redesigning itself as a decentralized buying and selling platform, the corporate confirmed to Cointelegraph.
The crypto buying and selling platform launched by knowledge analytics agency Arkham Intelligence is shifting from a centralized mannequin to a totally decentralized change (DEX), Arkham CEO Miguel Morel informed Cointelegraph on Wednesday.
“The way forward for crypto buying and selling is decentralized, and that’s what we’re constructing in direction of,” Morel mentioned.
Launched in 2024, Arkham Trade permits customers to commerce each spot crypto and perpetual contracts. The platform launched a cell app in late 2025. On the time of writing, Arkham reviews common each day buying and selling of round $640,000, in line with CoinGecko knowledge.
Centralized platforms have turn into “unresponsive” to consumer wants
Arkham’s shift to a DEX comes as debate intensifies over how centralized exchanges (CEXs) handle token listings, with decentralized rivals more and more considered as providing higher flexibility and openness.
“Centralized incumbents have turn into bloated and unresponsive to consumer wants, turning into worse than the normal monetary techniques they faux to enhance on,” Morel famous, including: “We don’t need to put money into that.”

The transfer additionally aligns with a broader trade development, as DEX-to-CEX buying and selling quantity ratios reached new highs in 2025 after greater than tripling since 2020, in line with CoinGecko.
Perpetual DEXs specifically noticed explosive progress. In 2025, perp DEX volumes virtually tripled their volumes, from $4.1 trillion in the beginning of the 12 months to as a lot as $12 trillion. The surge mirrored a pointy spike in onchain derivatives utilization, as perp DEXs absorbed a rising share of leveraged crypto buying and selling exercise.
Associated: Ledger provides OKX DEX integration for on-device token swaps
“Decentralized buying and selling, particularly for perpetuals, has exploded as a result of it’s a return to what made crypto so thrilling within the first place,” Morel mentioned, including:
“It’s cheaper, sooner, and provides customers custody of their very own property. We’re enthusiastic about returning to the monetary frontier and delivering the perfect buying and selling expertise for our customers.”
Arkham didn’t instantly reply to Cointelegraph’s request for added particulars on the timeline for its transition to a DEX. This text might be up to date if and when additional info turns into obtainable.
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