Arkham will transform into a decentralized trading platform

Arkham CEO Miguel Morel clarified that the exchange Arkham Exchange will not shut down, but will transition from a centralized exchange to a decentralized trading platform. It is reported that Arkham Exchange currently supports spot and perpetual contract trading, and plans to launch a mobile application by the end of 2025. However, the trading business has already encountered issues of being "bloated and slow to respond," and has gradually fallen behind decentralized competitors in terms of token listing and user demand management.