BitMEX: Shutdown Set for September 2026

BitMEX will shut its exchange on 23 September 2026 at 04:00 UTC following a strategic review, ending an 11-year run that began with the invention of the 100x leverage perpetual swap by founders Arthur Hayes, Ben Delo and Samuel Reed. The platform maintained a record of zero customer funds lost while turning the trio into billionaires through novel product design and aggressive marketing; users are urged to close positions and withdraw immediately.