Arkham Exchange reported to be shutting down after weak trading volumes
Arkham Intelligence is said to be closing its crypto trading venue after failing to secure meaningful market share in derivatives and spot trading [2][4].
Arkham Exchange — the trading platform launched by blockchain analytics firm Arkham Intelligence — is reported to be shutting down after months of low trading volume that undermined its entry into the retail crypto derivatives market [2][1][3].
The exchange concept was first floated in late 2024, but attempts to convert Arkham’s analytics user base into active traders produced activity levels that were marginal compared with industry leaders; several outlets report the platform will be wound down, with one reporting an effective shutdown date of February 11, 2026 [2][3][4].
Arkham Intelligence has not publicly confirmed the reported closure; the company is expected to continue operating its core on‑chain analytics business, which remains active and has surpassed 3 million registered users according to reports [1][4].
The reported wind‑down highlights the difficulty smaller trading venues face in closing the volume gap with larger incumbents in both spot and derivatives markets [4][3].
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Citations
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- 1Arkham Exchange faces shutdown threat as trading volume struggles behind market leadersCryptopolitan• Feb 11, 2026
- 2
- 3Arkham Exchange shutdown shows harsh reality for small crypto venuescrypto.news• Feb 11, 2026
- 4Arkham Exchange Shuts Down as Volume Gap Proves UnsustainableETHNews• Feb 11, 2026
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