Arkham unveils Transaction Explorer V2 with enhanced swap detection

Arkham: Arkham is a blockchain intelligence platform specializing in entity-level insights, address tagging, and onchain data analysis across multiple chains. It recently launched Transaction Explorer V2 with enhanced swap detection across DEXes and aggregators plus net balance change tracking for complex transactions. The platform uses these tools to illustrate real-world cases such as the Drift exploiter's activities on CoW Protocol. CoW Protocol: CoW Protocol operates as an intent-based decentralized exchange protocol emphasizing solver competitions for optimal trades. It has pursued multi-chain expansions and protocol refinements throughout 2026. The news highlights its role in facilitating large swaps that the updated Arkham explorer can now analyze in detail. Drift exploiter: The Drift exploiter is the tracked entity behind a major exploit on Drift Protocol, with movements monitored on blockchain analytics platforms. Arkham's new transaction tools demonstrate how complex multi-contract swaps, such as those executed on CoW Protocol, can be simplified into net balance changes per address. This entity continues to be referenced in onchain investigations following the incident. DEX Evolution: CoW Protocol has advanced features including consistency metric adjustments and broader multi-chain capabilities in 2026. Analytics Upgrade: Arkham recently enhanced its API to deliver real-time intelligence updates to subscribers. Exploit Monitoring: Blockchain platforms continue to track and provide detailed views of activities by known exploit entities like the Drift exploiter.