Blockchain analytics company Arkham Intelligence yesterday announced the launch of a cryptocurrency derivatives exchange.
The exchange’s target market will be retail traders and it will compete with established platforms such as Binance. Arkham revealed that the exchange, available on the X platform, will include their research and offer on-chain audits and proof-of-reserve (PoR).
While trading will begin next week, it will not be accessible to those in the United States. The demand for crypto derivatives trading has been on the rise, largely driven by retail investors.
In September, trading volume surpassed $3 trillion, doubling from the same time the previous year, as reported by CCData.
