BitMEX: Exchange to Shut Down Operations September 2026
BitMEX closes 23 September 2026 after inventing the perp swap. Users must withdraw funds before shutdown following 11-year run with zero hacks.
SourceAnalysis
BitMEX will cease all operations on 23 September 2026 at 04:00 UTC after a strategic review by owner HDR Global Trading Limited. The platform that launched the perpetual swap contract, the dominant derivatives product across crypto exchanges, ends its 11-year run while stressing that customer assets remain safe and urging immediate position closures and withdrawals. Founder of the 100x leverage perp and pioneer of modern trading UX, BitMEX leaves a legacy copied industry-wide yet succumbs to the sector's relentless pressures.
Charles Edwards
@caprioleioFounder of Capriole Fund and The Ref.io, leading ventures in the digital asset ecosystem.
Premium Sponsors
.jpg)