BitMEX is shut down. For 11 years, it’s been left so quietly with only withdrawal channels remaining.

In the first few years I was in the industry, its API documentation was one of the cleanest technical docs I’ve ever read—even though I never opened a single contract on it. It’s the one that invented perpetual contracts; later on, the whole industry copied this assignment in derivatives.

I don’t miss leverage, but I do remember who wrote it into this industry’s DNA. Products may die, but paradigms don’t.