BitMEX, co-founded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap.

  • BitMEX, the crypto derivatives exchange that pioneered the 100x leverage perpetual swap, will shut down operations on Sept. 23, 2026, and is urging users to close positions and withdraw funds immediately.
  • New account registrations have been halted and open contracts will be forcibly closed before the final shutdown to ensure an orderly wind-down.
  • Users who do not withdraw by the deadline will incur maintenance fees.
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Crypto Flows, Share and the Selective Rotation

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Why it matters :

Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Saylor and team overhaul Strategy's bitcoin metrics as bear market persists

Brazilian farmers tokenized dairy cows to get loans, bypassing bank lending limits

A $5 billion cluster has formed in bitcoin options. It tells a bullish story

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.