Arkham Launches Solana DEX Trading Integration, Targets $47B Monthly Market

Gate News message, April 21 — Arkham announced the launch of its decentralized trading functionality, integrated exclusively with the Solana ecosystem, as it pivots from centralized exchange services to target Solana's thriving DEX market.

The new feature incorporates decentralized trading into Arkham's Intel platform, allowing users to discover, filter, and trade Solana tokens with high frequency and low latency directly within the platform. Unlike standalone DEXs, Arkham combines trading execution with on-chain intelligence, providing users with both execution and analytical capabilities in a single interface. Arkham originally entered trading in late 2024 with the launch of Arkham Exchange, offering spot and perpetual futures trading; however, the platform faced low trading volumes. Rather than shutting down as rumors suggested earlier this year, the exchange pivoted to decentralization, leveraging Solana's high throughput and active DeFi ecosystem as a testing ground.

Solana's DEX market is experiencing robust growth. According to Defillama data, Solana ranks third globally in 24-hour spot DEX volume with $921 million traded in the past day, behind Ethereum and Base. Over a seven-day period, Solana's DEX volume reaches approximately $46 billion, nearing $47 billion on a monthly basis. Major DEX platforms on Solana include Orca, Raydium, Manifest Trade, Meteora, and Pump. The ecosystem's developer activity is surging, with Solana's share of active developers rising from 6% in 2020 to 23% in 2026, while attracting 4,100 new developers in 2025 alone. Solana's dApp store now hosts over 700 applications. Institutional adoption is accelerating, with early adopters of the Solana developer platform—launched in March 2026—including Mastercard, Worldpay, and Western Union.