Odaily reports that Arkham CEO Miguel Morel clarified that its exchange, Arkham Exchange, will not shut down, but will transform from a centralized exchange (CEX) into a fully decentralized exchange (DEX). Arkham Exchange currently supports spot and perpetual contract trading and plans to launch a mobile app by the end of 2025. However, its trading operations have become "bloated and sluggish," lagging behind decentralized competitors in token listings and user demand management. (Cointelegraph)