Arkham unveils Transaction Explorer V2 with enhanced swap detection

Reading a complex DeFi transaction has always felt a bit like trying to decode a restaurant receipt written in a foreign language. One swap routed through three aggregators, four intermediate tokens, and six smart contracts later, you’re still not sure who paid for what. Arkham Intelligence’s Transaction Explorer V2, launched on September 21, 2026, is a direct attempt to fix that. The upgrade rebuilds Arkham’s existing transaction pages from the ground up, adding detailed trade and swap data across all supported chains. Where earlier versions left users to piece together multi-hop routes manually, V2 collapses that complexity into something readable. What actually changed The headline feature is swap detection treated as a first-class data type. Arkham now identifies swaps executed across major decentralized exchanges and aggregators and surfaces them the same way a centralized exchange would display a trade: with the swapped tokens, pricing, size, and counterparty all in one place under a dedicated section. The second major change is netting. Multi-hop aggregator transactions, the kind where a swap routes through several intermediate tokens before arriving at the final output, are...