Arkham Intelligence launched its Transaction Explorer V2 on September 21, 2026. The platform has completely rebuilt its transaction pages to provide a more readable view of on-chain activity across all supported networks.
The primary update is the integration of swap detection as a core data type. The system now identifies trades across decentralized exchanges and aggregators, presenting details like swapped tokens, pricing, volume, and counterparty information in a unified section.
The new interface also introduces netting for multi-hop transactions. Instead of displaying every intermediate token hop as a separate event, the platform now collapses these into a single line item per token for each address involved.
Users can now view net balance changes for every address in a transaction, allowing for a clearer understanding of the final economic outcome. Additionally, the platform allows users to input any transaction ID directly to access the V2 view.
This release builds on previous developments, including the introduction of a swaps panel in 2023 and the addition of AI-driven transaction summaries in early 2025.
