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π¨BREAKING: BitMEX's $1 BILLION sale collapses as buyers walk away.
Potential buyers, including Exodus, reportedly walked away over founder control, BitMEXβs collapsing market share, and lingering legal and reputational concerns.
BitMEX once handled roughly 57% of global crypto derivatives trading but now commands less than 0.01%.
The exchange is set to shut down permanently on September 23, 2026, marking the fall of the platform that pioneered the perpetual swap.
Potential buyers, including Exodus, reportedly walked away over founder control, BitMEXβs collapsing market share, and lingering legal and reputational concerns.
BitMEX once handled roughly 57% of global crypto derivatives trading but now commands less than 0.01%.
The exchange is set to shut down permanently on September 23, 2026, marking the fall of the platform that pioneered the perpetual swap.