Arkham Intelligence 正準備推出自己的加密貨幣衍生性商品交易所

Arkham Intelligence 正準備推出自己的加密貨幣衍生性商品交易所，將於 2024 年 11 月上線。

Arkham is preparing to launch its own cryptocurrency derivatives exchange, which will go live in November 2024. The proposed exchange will target retail investors, and over time, Arkham aims to compete with major players like Binance.

Arkham 正準備推出自己的加密貨幣衍生品交易所，將於 2024 年 11 月上線。

Arkham already has the backing of notable investors like OpenAI founder Sam Altman, and it plans to base its operations in Punta Cana, the Dominican Republic, an area known for favorable tax regulations.

Arkham 已經得到了 OpenAI 創始人 Sam Altman 等著名投資者的支持，並計劃將其業務基地設在多明尼加共和國的蓬塔卡納，該地區以有利的稅收法規而聞名。

However, thanks to U.S. regulatory constraints, the new platform will not be accessible to U.S. users. It is willingly relinquishing a large chunk of potential cash flow from a market known to be incredibly liquid.

然而，由於美國監管限制，美國用戶將無法使用新平台。它自願放棄來自流動性極高的市場的大量潛在現金流。

But the exchange has been in development over the past year, and it is actively raising $100 million to scale its operations. So, it probably has a plan in place if it won’t even attempt to take a share of the United States market. There’s certainly some merit to looking outside the U.S. for its user base.

但該交易所在過去一年中一直在發展，目前正在積極籌集 1 億美元來擴大營運規模。因此，如果它甚至不嘗試佔領美國市場份額，它可能已經制定了計劃。尋找美國以外的用戶群當然有一些好處。

We also know the initiative will occur after the company relocates from its current London and New York bases.

我們也知道，這項措施將在該公司從目前的倫敦和紐約基地搬遷後進行。

Arkham Intelligence’s ultimate goal in creating the new exchange is to challenge the major players in the token exchange market, which begs the question: How will it stand out?

Arkham Intelligence創建新交易所的最終目標是挑戰代幣交易市場的主要參與者，這就引出了一個問題：它將如何脫穎而出？

Many derivative exchanges are doing okay, but few are near Binance’s standards.

許多衍生性商品交易所都表現不錯，但很少有交易所能達到幣安的標準。

If Arkham plans to break out and do something that exchanges like OKX and Bybit have failed to do so far, it will need to do more than provide a unique experience specially catered for retail investors.

如果 Arkham 計劃突破並做一些 OKX 和 Bybit 等交易所迄今為止未能做到的事情，那麼它需要做的不僅僅是提供專門針對散戶投資者的獨特體驗。

To be fair, Arkham already has a few things going for it.

公平地說，《阿卡姆》已經具備了一些優勢。

These features, combined with Arkham’s existing data analytics platform and growing user base of more than 800,000 active monthly users, may just be enough to make the upcoming Arkham exchange a formidable upstart in the competitive crypto derivatives space.

這些功能，再加上 Arkham 現有的數據分析平台以及每月超過 800,000 名活躍用戶的不斷增長的用戶群，可能足以使即將推出的 Arkham 交易所成為競爭激烈的加密衍生品領域的強大新貴。

Whether it will be enough to threaten Binance’s supremacy is another question—one that its investors hope is answered in the affirmative.

這是否足以威脅幣安的霸主地位是另一個問題——投資者希望這個問題得到肯定的答案。

Binance is at the top of the game for good reasons. The exchange has most of the answers regarding trading options for users, including futures, options, perpetual contracts, and leveraged tokens.

幣安在遊戲中處於領先地位是有充分理由的。交易所為用戶提供了關於交易選擇權的大部分答案，包括期貨、選擇權、永續合約、槓桿代幣等。

While still in development, Arkham’s exchange is expected to offer similar features, but it hasn’t revealed the full extent of its services just yet.

儘管仍處於開發階段，Arkham 的交易所預計將提供類似的功能，但尚未透露其服務的全部範圍。

Of course, speculation abounds, and everyone expects Arkham to leverage its resources as a data-tracking giant. Besides that and other standard crypto derivative exchange features, no one is sure if Arkham has a surprise use case that will put them in the league of Binance and other exchange giants.

當然，猜測比比皆是，每個人都期望阿卡姆能夠利用其作為數據追蹤巨頭的資源。除了這個和其他標準的加密衍生性商品交易功能之外，沒有人確定 Arkham 是否有一個令人驚訝的用例，可以讓他們躋身幣安和其他交易巨頭的聯盟。

Nevertheless, among the established features Binance currently offers, there are some Arkham can tweak to provide better options for users.

儘管如此，在幣安目前提供的既定功能中，有一些 Arkham 可以調整以為用戶提供更好的選擇。

For example, Binance offers traders up to 125x leverage on some futures contracts, a value only a few exchanges like OKX and Huobi have been able to offer.

例如，幣安為交易者提供某些期貨合約高達 125 倍的槓桿，只有 OKX 和火幣等少數交易所能夠提供這一價值。

FTX, before its downfall, offered as much as 101x leverage, but that value fell to 50x after the scandal involving Sam Bankman-Fried. The leverage Arkham will offer has not been disclosed, but it is one way the new exchange can lodge itself firmly in the league of giants.

FTX 在倒閉之前提供了高達 101 倍的槓桿率，但在 Sam Bankman-Fried 醜聞發生後，槓桿率跌至 50 倍。 Arkham 將提供的槓桿尚未披露，但這是新交易所能夠牢牢躋身巨頭聯盟的一種方式。

The world is now waiting to learn more about Arkham’s new exchange, but one area where it will most likely beat Binance is access, pricing, and fees.

現在全世界都在等待了解有關 Arkham 新交易所的更多信息，但它最有可能擊敗幣安的一個領域是准入、定價和費用。

Binance operates globally, albeit with ever-increasing regional restrictions. Arkham’s exchange will focus on non-U.S. markets, and it should look to take advantage of pricing, thanks to its location in the Dominican Republic.

儘管區域限制不斷增加，但幣安在全球範圍內開展業務。 Arkham 的交易所將專注於非美國市場，並且由於其位於多明尼加共和國，因此應該尋求利用定價優勢。

Arkham could not have chosen a better time

阿卡漢不可能選擇更好的時間

While Binance remains the undisputed number one in crypto derivatives trading, its dominance is at its lowest in four years, with rivals like Bybit and OKX gaining ground.

儘管幣安仍然是加密貨幣衍生性商品交易領域無可爭議的第一，但其主導地位已降至四年來的最低水平，Bybit 和 OKX 等競爭對手正在崛起。

The decline in Binance’s dominance in the crypto derivatives market can be attributed to a cocktail of regulatory pressures, competitive growth from rival exchanges, and internal restructuring.

幣安在加密衍生性商品市場的主導地位下降可歸因於監管壓力、競爭對手交易所的競爭性成長以及內部重組等多種因素。

In response to these regulatory challenges, Binance has had to voluntarily withdraw or limit its operations in several key markets, including Europe, Nigeria, and the U.K., where local regulators have banned or imposed heavy restrictions on Binance’s derivatives services.

為了應對這些監管挑戰，幣安不得不自願撤回或限制其在幾個關鍵市場的業務，包括歐洲、奈及利亞和英國，當地監管機構已禁止或對幣安的衍生性商品服務施加嚴格限制。

These concessions have allowed the competition to gain ground. Arkham’s new exchange aims to capture a significant share of the derivatives market, and it may just be the new player needed to reshuffle the deck—one that might ultimately give Binance a run for its money.

這些讓步使得競爭取得了進展。 Arkham 的新交易所旨在佔領衍生性商品市場的重要份額，而它可能正是重新洗牌所需的新玩家——最終可能會與幣安競爭。