BitMEX officially shut down trading operations today at 04:00 UTC.
The exchange that literally invented the perpetual swap in 2016 — the product that now dominates 90%+ of crypto derivatives volume — is done.
What's left:
• Users can still log in to view balances and withdraw funds
• All staked $BMEX tokens have been auto-unstaked
• No new trades, no new positions
BitMEX pioneered the perp contract that every degen now lives and dies by. $BTC perps, $ETH perps, shitcoin perps — all trace back to this platform.
End of an era. If you still have funds there, get them out. The empire that built leverage culture just closed the doors.
The exchange that literally invented the perpetual swap in 2016 — the product that now dominates 90%+ of crypto derivatives volume — is done.
What's left:
• Users can still log in to view balances and withdraw funds
• All staked $BMEX tokens have been auto-unstaked
• No new trades, no new positions
BitMEX pioneered the perp contract that every degen now lives and dies by. $BTC perps, $ETH perps, shitcoin perps — all trace back to this platform.
End of an era. If you still have funds there, get them out. The empire that built leverage culture just closed the doors.
