Arkham Trade shouldn’t be shutting down regardless of experiences 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 information analytics agency Arcam Intelligence is transferring from a centralized mannequin to a completely decentralized alternate (DEX), Arcam CEO Miguel Morell instructed Cointelegraph on Wednesday.
“The way forward for crypto buying and selling is decentralization, and that’s what we’re constructing for,” Morrell stated.
Launched in 2024, Arkham Trade permits customers to commerce each spot cryptocurrencies and perpetual contracts. The platform launched a cell app in late 2025. As of this writing, Arkham’s common every day buying and selling worth is reported to be round $640,000, in accordance with information from CoinGecko.
Centralized platforms have grow to be “unresponsive” to person wants
Arcam’s transfer to a DEX comes amid an intensifying debate over how centralized exchanges (CEXs) handle their token lists, with a rising view that decentralized rivals supply extra flexibility and openness.
“Centralized incumbents have grow to be too bloated to fulfill the wants of their customers, making them worse than the standard monetary system they faux to be higher,” Morrell stated, including: “We do not wish to put money into that.”

Supply: Binance Co-Founder Changpeng “CZ” Chao
This transfer can also be in keeping with broader tendencies within the business, because the DEX to CEX quantity ratio has greater than tripled since 2020 and reached a brand new excessive in 2025, in accordance with CoinGecko.
Perpetual DEX particularly has skilled explosive development. In 2025, PERP DEX buying and selling quantity almost tripled from $4.1 trillion in the beginning of the yr to ~$12 trillion. This spike displays a sudden surge in on-chain derivatives utilization as PERP DEX absorbed an rising share of leveraged cryptocurrency buying and selling exercise.
Associated: Ledger provides OKX DEX integration for on-device token swaps
“The explosion in decentralized buying and selling, particularly perpetual buying and selling, is as a result of it’s a return to what made cryptocurrencies so thrilling within the first place,” Morrell stated, including:
“It is cheaper, quicker, and provides customers extra management over their belongings. We’re excited to return to the frontier of finance and supply our customers one of the best buying and selling expertise.”
Arcam didn’t instantly reply to Cointelegraph’s request for extra particulars concerning the DEX transition schedule. This text might be up to date when extra info turns into accessible.
journal: Bitcoin problem plummets, Buterin sells Ethereum: Hodler’s Digest, February 1-7

