BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 yearsWorldPing
Image via CoinDesk.

What happened

The exchange, co-founded by Arthur Hayes, stopped trading and deposits, but says users can still log in and withdraw funds as its wind-down continues.

Key facts

  • Reported by CoinDesk and published Wed, 23 Sep 2026 10:24:44 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. BitMEX shuts down: perpetuals pioneer officially closes it doors after 11 years

  2. Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown

  3. Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%

  4. Blast to wind down Ethereum L2 after costs outpace revenue

  5. US Midterms: Stand With Crypto Backs Bipartisan Slate After Senate Bill Fails

  6. Blast shuts down $20M layer-2 network, forcing Oct. 26 exit deadline

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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