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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?
