Arkham

Arkham Intel does more than display blocks. Its current guide describes an explorer, entity pages, labels, alerts, dashboards, tracing and visualisation tools, an API and market data. The system combines algorithmic address clustering with public off-chain material, in-house researchers and submissions from an intelligence marketplace. The result is a navigable map of organizations and people inferred behind wallets.

That map can expose behavior that would otherwise remain difficult to follow, but a label is a claim rather than a property written into the chain. Arkham's own Intel Exchange rules limit submissions to publicly available information, ban details such as home addresses, phone numbers, passports and bank-card data, and allow individual attribution only when the Foundation judges a public interest. Those safeguards also reveal the control point: the Foundation decides what crosses the line.

The Intel Exchange announced in July 2023 turns a research request into a token transaction. A buyer locks ARKM in a bounty. A researcher attaches a 10 ARKM stake to an answer, and the first submission approved by the Arkham Foundation receives the reward. Rejection makes the researcher lose the stake, which the whitepaper says remains in the contract and is added to the bounty. Accepted information stays exclusive to the buyer for 90 days before it can be folded into Arkham's broader dataset.

The 2023 whitepaper described 2.5% maker and 5% taker fees, a 15-day payout unlock and a 10% early-withdrawal charge. Governance later became concrete through Snapshot, where AIP-1 passed in March 2024 with more than the required 70 million votes. Yet the proposal left commissioning, administration and distribution to the Foundation. Token voting can direct marketplace and treasury policy without automatically replacing the Foundation’s judgment or the Safe that owns the token contract.

Arkham’s allocation begins with 1,000,000,000 ARKM and 15% in initial circulation. Ecosystem programs receive 37.3%, core contributors 20%, investors 17.5%, the Foundation treasury 17.2%, Binance Launchpad 5% and advisers 3%. Contributor, investor and adviser tokens wait one year before three years of linear release; ecosystem and treasury schedules run five and seven years.

The token owner at review was Safe 0x90423cbde95cbc6fa30860b22ef5dd0181283914, configured for three approvals among four owners. Reads on September 5, 2026 returned one billion tokens, paused=false and implementation 0x2291323cf23d1553c6f79dc30b4a8865c03a90cf. Verified UUPS code lets that Safe mint, pause and replace the implementation, and an owner mint simulation succeeded. Arkham’s no-mint plan is policy rather than a hard cap; the reviewed evidence does not name the human or legal controllers of the four Safe owners.

Arkham moved from selling information to placing that information beside execution. Its centralized exchange opened spot and perpetual markets on November 13, 2024, later offered a 25% ARKM fee discount, and initially limited its U.S. launch to 17 states. On April 21, 2026, a separate decentralized Solana interface joined those products.

The Solana announcement connects the original labeling system directly to token selection: users can filter for traders, high-profit wallets and newly launched tokens, inspect a developer’s earlier deployments, and then trade from the same workflow. An Intel bounty, a custodial exchange position and a decentralized Solana trade still carry different custody and legal terms, and the reviewed materials do not establish that ARKM provides equity or claims on customer assets through any of them. The product consequence is more specific: a judgment about who controls a wallet can now shape which token a user buys seconds later.