bitmex38
$BMEX
MCAP9.54M
+0.99%

what's bitmex?

BitMEX is a cryptocurrency exchange platform co-founded by Arthur Hayes (@CryptoHayes), who has gained significant attention for his bullish Bitcoin predictions. Hayes forecasts Bitcoin could reach $200,000 by end-2025 and $1 million by 2028, driven by global liquidity, U.S. Treasury buybacks, and Fed monetary policy. He argues traditional 4-year crypto cycles are obsolete and expects the current bull market to extend into 2026. BitMEX actively engages the crypto community through trading competitions (like the Alpha Showdown with 3 BTC prize pool), AMAs, and market analysis. The platform covers various markets including Thailand and provides research on Bitcoin network effects, including analysis of BRC-20 tokens and their impact on fees and transaction verification.

Snapshot

BitMEX's upcoming Easter Egg Hunt, recent BMEX burn, and BRENT futures launch are key activities.

contract

ethereum

1W ago
FINANCIAL EVENTOfficial

Launches Easter Egg Hunt incentive program on 2026-04-03 with daily drops totaling 550 USDT in prizes.

TOKEN ECONOMICSOfficial

Completed monthly BMEX token burn for April 2026.

2W ago
MARKET ACTIVITYOfficial

Launches Brent Crude Oil perpetual futures contract (BRENT) with 25x leverage and USDT margin on 2026-04-01 at 12:00 UTC.

ONCHAIN METRICSOfficial

Achieved over $1.6 billion in trading volume during the week ending March 30, 2026.

FINANCIAL EVENTOfficial

Completed a trading competition with a 30,000 USDT prize pool for XAUt and XAG perpetual futures traders.

3W ago
MARKET ACTIVITYOfficial

Launches WTI perpetual futures contract on 2026-03-24 at 04:00 UTC with 25x leverage and USDT margin.

MARKET ACTIVITYOfficial

Lists a new monthly Bitcoin futures contract (XBTK26) with BTC margining, up to 100x leverage, 75 XBT risk limit, expiring on 2026-05-29, with trading beginning on 2026-03-24 at 04:00 UTC.

1M ago
REGULATORY

Received presidential pardons for Arthur Hayes, Benjamin Delo, and Samuel Reed for violating the Bank Secrecy Act, with the company also pardoned, eliminating a $100 million fine in 2025.

FINANCIAL EVENTOfficial

Launched a trading competition in partnership with Teal Street offering up to 50,000 USDT in prizes.

FINANCIAL EVENTOfficial

Launched a 30-day trading competition called "Crypto Olympus" with a total prize pool of 500,000 USDT distributed across volume, PnL, ROI%, and lucky draw categories, starting on March 12, 2026.

MARKET ACTIVITYOfficial

Listed 11 new equity perpetual futures contracts (MSFT, GOOGL, PLTR, MSTR, ORCL, NFLX, AVGO, INTC, JPM, XOM) with up to 20x leverage and 0% base interest rate on March 11, 2026.

ONCHAIN METRICS

Reached over $1.8 billion in trading volume during the first week of March 2026.

WHALE ACTIVITY

Moved a UTXO containing 13,280 BTC.

MARKET ACTIVITY

Lists new quarterly futures contracts for BTC, ETH, XRP, and additional assets, with trading starting on 2026-03-10 at 04:00 UTC.

FINANCIAL EVENT

Launched Equinox Race trading competition from March 5 to April 5, 2026, with a 100,000 USDT prize pool across team battles, new trader loss protection, volume tier rewards, and prize draws.

MARKET ACTIVITY

Launches OPN perpetual futures contract with 50x leverage and USDT margin on March 6, 2026 at 04:00 UTC.

TECH EVENT

Launched Hyperliquid copy trading feature on 2026-02-04, including standard and reverse copy trading functionality.

FINANCIAL EVENT

Offers 100,000 USDT reward pool for Hyperliquid copy trading participants.

OPINION SPECULATION

Announces unspecified news scheduled for 2026-02-26 related to spot trading fees.

MARKET ACTIVITY

Lists XBTJ26 monthly Bitcoin futures contract with 100x leverage, 75 XBT risk limit, and April 24, 2026 expiry, with trading beginning on February 24, 2026 at 04:00 UTC.

ONCHAIN METRICS

Generated over $1.6 billion in total trading volume during the week ending February 23, 2026.

VISIBILITY EVENT

Runs a giveaway offering 88 USDT each to three winners as part of new year festivities promotion.

ONCHAIN METRICS

Recorded over $2.2 billion in total trading volume for the week ending February 16, 2026.

2M ago
FINANCIAL EVENT

Runs a 50 USDT giveaway promotion for new signups, with winner selection scheduled for 2026-02-10.

ONCHAIN METRICS

Generated over $4.1 billion in trading volume during the buildup to Super Bowl LX.

TOKEN ECONOMICS

Completed monthly BMEX token burn in February 2026.

ONCHAIN METRICS

Bitcoin's Taker Buy/Sell Ratio on BitMEX reached 16 in the last hour, indicating aggressive market buy pressure and strong long positioning.

MARKET ACTIVITY

Offers equity perpetual futures trading for COIN and CRCL with 0% base interest and up to 20x leverage.

MARKET ACTIVITY

Launched Equity Perps for QQQ, TSLA, NVDA, SPY, AAPL, META, integrating with Pyth Network for price feeds, offering 20x leverage, BTC or USDT margin/collateral, and cash settlement. QQQ features 30 cent spreads on $70,000 size, 2.5 bps maker rebate, and 0% base interest.

3M ago
ONCHAIN METRICS

Market liquidity reached its lowest level since 2022 following the "1011" crash, with market makers holding unhedged spot positions.

MARKET ACTIVITY

Launched SUI perpetual futures with 100x leverage on BitMEX exchange.

MARKET ACTIVITYOfficial

Launched 70,000 USDT reward pool for Equity Perps, with Trade & Earn up to 500 USDT, Learn & Earn 5 USDT, and Share & Earn 5 USDT; also offers $5 trading credits for $500+ volume and social media proof, ending 2026-03-20.

Partnership with Mercuryo offers 10% cashback on fiat deposits to the platform.

Flash crashed and halted trading on March 12, 2026, after selling 7,516 BTC in a coordinated dump totaling over $2B.

4M ago

Cipher puzzle contest launches offering 900 BMEX prize for users who like, retweet, and solve the puzzle correctly.

BMEX airdrop promotion launches for users who like, retweet, and comment on their post about the 2019 Taipei debate between CryptoHayes and Professor Roubini.

New BitMEX mobile app launches featuring redesigned UI, swipe-to-close trading feature, and improved home screen for essential trading data access.

Live trading masterclass with trader @crypto_auris scheduled for next week on YouTube channel, featuring a 10,000 $BMEX prize pool competition.

BitMEX partners with Mercuryo to integrate a fiat on-ramp allowing users to buy 25+ cryptocurrencies using credit cards, Google Pay, Apple Pay, or bank transfers, with 10% cashback on first purchases for a limited time.

Widespread liquidations reported on the XBTUSD perpetual contract.

BitMEX reaches its 11-year anniversary milestone and finalizes the BitMEX Legends list, showcasing trader AOA who achieved over 300 million in profits from an initial 5,000 USDT.

First week of December sees $3.2bn in trading volume on the platform, while the top trader takes home over $110k profit.

Legends Showdown trading competition awards 5 BTC split among Top 150 traders based on ROI, PnL percentage, or trading volume, ending December 15, 2025.

A new Legend from South Korea joins the Hall of Legends on Monday, with a 222 $BMEX reward giveaway for correctly guessing their identity.

BitMEX dumped 7,993 BTC as part of an alleged coordinated sell-off across multiple major exchanges including Binance, Coinbase, Kraken, Bitwise, and Wintermute.

Lithuania's biggest trader announced as the last addition to BitMEX Legends program, with 111 $BMEX giveaway for guessing contest.

A live BitMEX Legends event offers 10,000 $BMEX tokens, with a Spotlight Series featuring Mufa.

@WiseAnalyze joins the BitMEX Legends program as the newest member.

BitMEX Legends Showdown trading competition has 11 days remaining and offers up to 5.5 BTC in total rewards.

@ErenCaner joins the BitMEX Legends program as a new collaborator.

BitMEX bought 5,818 BTC today alongside other major exchanges in what the report calls coordinated market manipulation.

A contest offers 100 USDT in trading credits for PnL card submissions under the BitMEX Legends campaign, with deadline set for noon on December 7.

Quarterly futures contracts for BTC, ETH, XRP and other assets begin trading on December 9 at 04:00 UTC.

A live trading masterclass featuring @muphasamc launches on YouTube this week with a 10,000 $BMEX prize pool competition as part of the BitMEX Legends campaign.

Large Bitcoin outflow reported with BitMEX selling 7,993K BTC alongside other major exchanges including Coinbase (8,375K), Wintermute (9,315K), Binance (5.46K), Bitwise (5.01K), and Bitfinex (3,751K).

The 6th BitMEX Legend is announced as @_BluePlanet, continuing the Hall of Fame recognition series for the 11th anniversary.

Arthur Hayes warns that a 30% drop in Tether's gold-Bitcoin portfolio would wipe out its equity and put USDT at risk of insolvency based on the latest audit, and expects major holders and exchanges to demand real-time balance sheet visibility.

BitMEX founder states Bitcoin "bottom is in" and expects prices to go higher, citing upcoming Federal Reserve money printing as the catalyst.

The 5th BitMEX Legend is announced as Evgeniy May, continuing the Hall of Fame recognition series for the 11th anniversary event.

Anniversary promotion includes separate $50K BMEX token prize pool alongside the 5 BTC pool, with new users eligible for up to $30 rewards, 11 Trading Quests missions, and iPhone 17 Pro lucky draw entry.

BitMEX uses Pyth Network as infrastructure provider to deliver equity prices onchain for DeFi products.

New Monad ($MON) perpetual futures contract launches November 28 at 04:00 UTC with 50x leverage and USDT margin.

First BitMEX Legends reveal launches with "Who's That BitMEX Legend" guessing game, awarding 111 BMEX tokens to winners.

Begins 11th anniversary event November 24-December 15 with 5 BTC prize pool, 100,000 USDT in rewards, and Hall of Fame recognition. Launched trading competition with 100,000 USDT prize pool.

XRP futures volume spikes 2,668% to $100.57M in one day, currently elevated at 600% in past 24 hours.

New monthly Bitcoin futures contract XBTF26 begins trading on November 25 at 04:00 UTC with 100x leverage available and January 30, 2026 expiry.

Platform was impacted by a Cloudflare infrastructure outage on Tuesday alongside other major crypto services including Coinbase, Ledger, and Blockchain.com.

Platform teases upcoming airdrop of 11,000 BMEX tokens for BitMEX Legends program.

Arthur Hayes sold entire holdings of LDO, ENA, PENDLE, and ETHFI on February 8, 2026, realizing a $3.48 million loss from a $9.35 million original purchase, after transferring 520 ETH ($1.66M), 2.6M ENA ($730K), and 132K ETHFI ($120K) to trading desks.

Platform announces TradingView integration promotion offering up to 100,000 USDT in rewards, TradingView subscriptions, and USDT/BMEX token airdrops, valid until December 31, 2025.

5M ago

Co-founder Arthur Hayes discloses that Zcash (ZEC) has become the second-largest holding in his family office Maelstrom's portfolio behind Bitcoin, with ZEC surging to around $750 (highest since 2018). Hayes also provides market commentary on sovereign preference for gold over Bitcoin and geopolitical shifts in Yuan-settled oil trades between Saudi Arabia and China.

Platform launches Trading Bots allowing users to automate trades and monitor markets continuously.

Platform cuts spot trading fees by 50% for all users and introduces maker rebate program paying top spot traders up to 1.5 bps.

Partnership with Fija Finance enables users to hold fjUSDT and earn DeFi yield on the platform, with up to $15,000 in rewards for converting assets to fjUSDT.

Platform announces #BitMEXTrickorTrade trading competition featuring 3 BTC prize pool plus bonus prizes from TradingView, Marriott, RIMOWA, Apple, and Louis Vuitton.

Platform delists 3 derivatives contracts on November 6, 2025 at 12:00 UTC.

Platform burns 180,995 BMEX tokens purchased in October for over $39k USD and increases staking rewards by over 50% while offering up to 70% lower trading fees for stakers.

Two new perpetual contracts launch on October 31 at 04:00 UTC: ZEC with up to 33x leverage and XMR with up to 50x leverage.

BitMEX executives receive presidential pardons from Trump alongside CZ and Ross Ulbricht, sparking ethics and corruption concerns over political favoritism in the crypto industry.

Platform lists $ASTER (Aster_DEX) perpetual contract on October 28 at 04:00 UTC, offering 50x leverage margined in USDT.

New $XPL (Plasma) perpetual contract launches on October 28, 2025 at 04:00 UTC, offering 50x leverage margined in USDT.

Fija Finance goes live on the platform, allowing users to earn DeFi yield by holding fjUSDT without on-chain complexity.

Platform launches 'Trick or Trade' trading competition with 3 BTC prize pool plus prizes from Marriott, Louis Vuitton, Apple, RIMOWA, and TradingView.

Platform introduces new Spot fee structure with 50% fee reduction for all users and maker rebates up to 0.015% for top traders.

Platform launches prediction challenge in collaboration with TradingView, offering 100 $BMEX rewards to best SOL price predictions submitted by October 24, 2025.

Platform adds fjUSDT yield-generating token through Convert feature with zero fees and offers up to $15,000 in rewards for conversions, launching in a few days.

Platform records $4.8 billion in weekly trading volume with the top trader earning close to $300k in profit.

Co-founder Arthur Hayes raises $250M private equity fund targeting strategic acquisitions of small and mid-sized crypto firms.

BitMEX introduces Copy Trading feature allowing users to copy or reverse copy trades from top traders on the platform.

BitMEX partner InsilicoTrading launches v4.0.7 featuring new TWAP module, repeat function for looping tasks, and command chaining for sequential and parallel processing to enhance trade execution and automation. An upcoming event is teased but no details provided.

Infrastructure move to AWS Tokyo completes, with platform liquidity up 185% across 9 contracts.

New promotional campaign on TradingView platform offers up to 100,000 USDT in rewards, TradingView subscriptions, and USDT/BMEX airdrops through December 31, 2025.

6M ago

New user acquisition campaign offers $5,000+ in trading credits to users who sign up or return to the platform after the recent liquidation event.

BitMEX reports zero downtime, no overloads, and no trade execution failures during the largest liquidation event in crypto history, deploying millions from its Insurance Fund to support market health.

Co-founder Arthur Hayes provides market commentary explaining Binance's 90%+ altcoin flash crashes as automatic liquidation of cross-margin collateral across major centralized exchanges, stating high-quality altcoins are unlikely to revisit those lows anytime soon.

BitMEX participates in BlLife_Forum 2025 conference in Dubai on October 28-29, joining 15,000+ participants from 130 countries at what's described as the world's largest crypto forum.

New "BitMEXUptoberCarnival" promotional campaign launches October 10-November 9 with prize pool of up to 1,000,000 USDT and $100,000 worth of BMEX tokens, featuring discounts on BTC/ETH/SOL spot purchases and iPhone 17 Pro lucky draws.

New "PUMPtober" promotional campaign offers 500 USDT prize pool to new users who engage on social media and register, with winners determined by UID last digits being 0 or 1.

New promotional campaign offers up to 5,000 USDT in trading credits for new and returning users who complete trading missions.

Data center migration to AWS Tokyo completed, delivering >185% liquidity increase for BTC/ETH contracts and 2,000%+ surge in altcoin liquidity with reduced latency.