BitMEX Announces Permanent Closure on September 23, 2026

BitMEX, a pioneer in crypto perpetual futures and leveraged trading, will shut down its operations by September 23, 2026. The platform has been a key player in cryptocurrency derivatives trading for over ten years, responsible for the development of market derivatives.

The company has informed users to liquidate their positions and withdrawals before the closure phases. BitMEX's parent company, HDR Global Trading Limited, has stopped accepting new applications.

In response to its loss of market dominance, the company is planning an orderly wind down to minimize disruptions in the crypto derivatives trading markets.