BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years
Why now
Thesis: BitMEX wind-down marks end of perpetuals pioneer
Catalyst to watch: User withdrawals and asset migration to rivals
Main risk: Withdrawal bottlenecks could hurt retail users
Why it matters
Closure of a pioneering derivatives venue reduces crypto market structure depth and signals continued consolidation among exchanges.
Details
The exchange, co-founded by Arthur Hayes, stopped trading and deposits, but says users can still log in and withdraw funds as its wind-down continues.
Sources
- coindesk · 2026-09-23 10:24 UTC