TechFlow reports that, according to CoinDesk, on February 11, Arkham Intelligence—the on-chain data analytics platform—plans to shut down its cryptocurrency exchange, Arkham Exchange. Sources familiar with the matter indicated that the exchange failed to attract sufficient trading volume.
Arkham Intelligence first announced its plan to launch a cryptocurrency derivatives exchange in October 2024, aiming to compete with industry giants such as Binance for retail investors. As of early 2025, Arkham Exchange had launched spot cryptocurrency trading services across multiple U.S. states and rolled out its mobile trading application in December. However, according to CoinGecko data, Arkham’s trading volume over the past 24 hours stood at only approximately $620,000—far below Binance’s nearly $9 billion and Coinbase’s $2 billion daily trading volumes.
Founded in 2020, Arkham Intelligence currently boasts over 3 million registered users. Its investors include OpenAI CEO Sam Altman, Draper Associates, Binance Labs, and Bedrock.
