BitMEX, the crypto derivatives exchange that permanently transformed global market structure by inventing the perpetual swap, announced Thursday that it will shut down operations on Sept. 23. “Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC., the platform told users. “From today, we strongly encourage all users to close their positions and withdraw their funds as soon as convenient.”