Key Highlights
- Arkham launched decentralized trading on its platform, giving users the ability to track and trade Solana tokens in real time directly on the platform.
- The feature lets users follow high-profit wallets and see what experienced traders are buying or selling.
- This move supports Arkham’s plan to move away from centralized systems and give users more control.
Arkham, a blockchain analytics firm, announced today that it has launched a decentralized trading feature, allowing users to track and trade Solana-based tokens in real time on its platform.
This feature combines live wallet data with direct trading tools so that users see what is happening in the market and take action faster using live data from other traders.
Live tracking top traders in real time
In the announcement shared on X, the company said that the new feature is designed to show users what top traders are doing and help them identify promising tokens as activity happens on-chain.
Instead of only looking at common numbers like trading volume or market value, Arkham now lets users track specific wallets, including high-profit traders, known groups, and closely connected networks. This means users can see which tokens experienced traders are buying or selling at any moment.
Wallet-level insights and trader profiles
Users can also click on individual trader profiles to view their current and past positions. This includes what tokens they are buying, what they are selling, and how much profit or loss they are making.
Arkham stated that users can “track the most promising recently launched tokens and traders in real-time, then trade with that data.”
The platform said it has integrated these insights directly into its trading system, allowing users to act on the information without leaving the interface. According to Arkham, there are over 800,000 identified traders, 3.4 billion labeled wallet addresses, and millions of alerts sent to users over time. This large amount of data is what powers the new feature and helps users get deeper insights into the market.
Shift from centralized to decentralized trading model
These developments follow Arkham’s earlier indication that it was pivoting from a centralized exchange model to a decentralized one. In February 2026, there were reports that the platform was shutting down, which the company denied.
CEO Miguel Morel explained the plan clearly, saying, “The future of crypto trading is decentralized, and that’s what we’re building towards.” He also said centralized platforms have become “bloated and unresponsive to user needs.”
Arkham Exchange initially launched its crypto derivatives exchange in 2024 and originally supported spot and perpetual trading, then later expanded with a mobile app in 2025. The move to decentralized trading follows a wider trend in the crypto space, where more users are moving to platforms that give them control over their own funds.
Morel added that decentralized trading offers key advantages, including lower costs and better control over assets. “It is cheaper, faster, and gives users custody of their own assets,” he said.
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