February 13, 2023
Arkham is excited to announce a partnership with BNB Chain!
BNB Chain will be added to Arkham, contributing to their promise of building more transparency in the ecosystem, and furthering our mission of building a ‘Total Crypto Intelligence’ platform.
BNB Chain is one of the largest crypto ecosystems, and currently holds nearly $7 billion of total value locked (TVL) on its chain. The blockchain processes nearly 3 million transactions and $200 million of volume per day. Thanks to its fast transaction speed and low fees, BNB Chain has become a go-to smart contracts platform for builders and new tokens over the past few years.
BNB Chain has left a permanent mark on the crypto landscape by focusing on delivering products that meet the demand of retail users, reflected in the many popular and attractive projects which have been built on BNB Chain. PancakeSwap for example, is one of the largest decentralized exchanges (DEXs) with approximately $2.5 billion in TVL at the time of writing. BNB Chain also represents an especially significant market share in Asia, and the addition of BNB Chain to the Arkham platform helps accomplish our objective in becoming a platform for market participants across the globe.
Introducing BNB Chain to the ever-growing Arkham product will achieve coverage of the vast majority of activity within the smart-contract world. Large entities and retail users alike transact significant volumes across multiple chains. The market needs a single product that allows users to monitor entity transactions, review aggregate analysis, and track asset flows across multiple chains to have a complete picture of the blockchain world. This is where Arkham comes in.