Miguel Morel, CEO of Arkham, clarified that the Arkham Exchange trading platform will not be closing, but will transform from a centralized platform (CEX) to a fully decentralized exchange platform (DEX). According to reports, Arkham Exchange is currently supporting spot trading and perpetual futures, and plans to launch a mobile application by the end of 2025. However, its trading activities have become "burdensome and slow to respond," and it is falling increasingly behind its decentralized competitors in terms of token listings and addressing user needs.
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