Arkham Intelligence Launches Crypto Perpetual Exchange

Arkham Intelligence launched the crypto perpetual exchange (Photo; Doc. Boxmining)

JAKARTA - Crypto market trends continue to grow, not only in terms of direct investment in digital assets such as Bitcoin and Ethereum, but also in the form of increasingly popular crypto derivatives. Derivatives are financial instruments that allow traders to risk price changes without having to own their basic assets, and this market is experiencing rapid increases.

Arkham Intelligence, a leading blockchain analytics company, announced the launch of a new crypto derivative exchange offering aual contract. This move is expected to attract retail traders who are looking for innovative and trusted platforms for transactions.

Arkham Intelligence announced the launch of the crypto derivative exchange on November 6, with a key focus on theual contract. The exchange is designed to facilitate retail traders in transacting crypto derivatives without having to own the cryptocurrency itself.

Perpetual contracts, in contrast to traditional futures contracts, do not have due dates. This means that traders can maintain their position as long as they wish, and allow them to take advantage of long-term price movements.

The presence of this new platform, Arkham has ambitions to compete with big players in crypto derivative markets, such as Binance, which has dominated derivative trading volume. Arkham integrated blockchain research and analytics tools into this exchange, including real-time on-chain audits as well as backup evidence that can be accessed by the public.

This technology is expected to increase user confidence in this new exchange, especially after several exchange scandals that caused huge losses to retail investors. However, Arkham also said that this platform would not be available to traders in the United States.

These restrictions show that strict US regulations remain a major obstacle for the launch of new crypto platforms in the region. Even so, the launch of the exchange remains welcome by the international crypto community who hopes the platform can offer a more transparent and secure alternative.

The global crypto derivative market has seen a rapid increase in recent years. According to a report from CCData, the trading volume of crypto derivatives reached more than 3 trillion US Dollars (Rp47.7 quadrillion) in September 2024, a double jump compared to the previous year which only reached 1.5 trillion US Dollars (Rp23.7 quadrillion). This increase was mainly driven by active participation of retail traders who saw derivatives as a way to achieve greater profits in a short time.