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BitMEX founder Ben Delo pledged £36 million to Nigel Farage’s Reform UK, a record donation designed to help the insurgent party fend off its critics while turbo-charging its attempts to gain power at the next general election
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BitMEX is disappearing, but the perpetual contract it created now dominates the crypto market.
BitMEX’s market share has fallen from around 32% in 2019 to less than 0.01% today.
Meanwhile, annual perpetual trading volume surged from $28 trillion in 2023 to $86.2 trillion in 2025.
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BitMEX shutting down this week
CME launching single stock futures next week
Can anyone guess the common theme?
As BitMEX closes its doors, we’re taking time to recognise the builders who shaped this industry.
Starting with @leagueoftraders, who proved trading doesn't have to be a solitary grind in the trenches – it’s far better done together.
Through their platform, trading becomes a team sport: copy top traders, climb the leaderboards, and learn the market together.
Thank you for building with us 🫡
🔗
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Michael Saylor sold
BitMex fails
Clarity Act dying a slow death
Rate Hike Looming
And Bitcoin is still over $60k!?
LATEST: ⚡ BitMEX will permanently shut down on Sept. 23, 2026, ending an 11-year run.
JUST IN: Cryptocurrency exchange BitMEX to shut down all operations.
@nic_carter @BitMEXResearch Yeah isn't it wild that someone so dumb tore down your darling investment
JUST IN: Crypto lender Celsius sues BitMEX in SDNY court for 6,360 Bitcoin, worth $485M.
• Celsius seeks BTC lost during the March 2020 crash.
• Complaint filed Sept. 12, just 11 days before BitMEX halts trading.
• BitMEX has 30 days to respond or move to dismiss.
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