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Morning Edition · Wednesday, September 23, 2026Published at 7:09 AM EDT · New York
BitMEX Stops Trading After 11 Years as Perpetual Futures Volume Settles Elsewhere
The exchange that introduced the perpetual swap closed at 04:00 UTC with withdrawals still open, while on-chain venues Hyperliquid and Lighter added double-digit percentage gains in value secured over seven days.
BitMEX stopped trading and deposits on Tuesday, ending an 11-year run for the venue that introduced the perpetual swap, the contract that now dominates crypto derivatives. Users can still log in and withdraw, and the company says balances l…
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