Arkham Intelligence launched Transaction Explorer V2 on September 21, 2026, completely rebuilding its transaction analysis pages across all supported chains. The interface now displays individual trades, fills and net balance changes for every transaction, while enhanced detection identifies swaps executed through decentralized exchanges and aggregators. The upgrade is designed to give users a more granular view of on-chain trading activity and complex multi-step transactions. It also presents swaps as a dedicated data type, showing exchanged tokens, pricing, size and counterparty together, and nets multi-hop routes into one line per token per address. Users can search by transaction ID, while the release builds on Arkham's swaps panel introduced in 2023 and AI-driven transaction summaries added in early 2025.