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REDDIT

BitMEX is shutting down after 11 years. Does anyone still care?

BitMEX is officially closing in September 2026. It’s kind of wild considering how important it once was for crypto futures and perpetual contracts. But honestly, its trading volume has been tiny for a while, so the market impact might be close to zero.

Still, this feels like the end of an era. Do you think this is just a dead exchange finally shutting down, or a sign that crypto trading is becoming too concentrated on a few big platforms?