Close Menu
    Trending
    Thursday, July 30

    BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees

    NCIJ NETWNCIJ NETWORKBy Crypto & Blockchain No Comments3 Mins Read

    BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another step toward its September shutdown.

    BitMEX’s settlement log shows 33 contracts closing almost on the stroke of noon, at 12:00:05 UTC. EURUSD and USDCHF followed at 12:32:25 and 12:33:25 UTC. With prices now posted for the full 35-contract batch, the early settlement flagged in BitMEX’s July 22 notice is complete.

    BitMEX attributed the delistings to insufficient trading interest and its planned exchange shutdown. It described the process as an early settlement, not a margin liquidation.

    BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved
    Related Reading

    BitMEX shuts down without an FTX style crisis, revealing where crypto’s real danger has moved

    BitMEX’s orderly shutdown captures a bear market shaped by centralized decline and persistent on-chain exploit risk.

    Jul 24, 2026 · Gino Matos

    Before settlement, the contracts traded normally until 04:00 UTC, when BitMEX fixed the final funding rate, known as F0, using prices from the preceding eight hours. It then stopped calculating new funding and set the next funding rate to zero. The checkpoint established the funding input for settlement but did not end trading; that occurred at 12:00 UTC.

    BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadlineBitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline
    Related Reading

    BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline

    Reduce-only trading begins Aug. 26, with forced closes possible before exchange services end Sept. 23.

    Jul 23, 2026 · Liam ‘Akiba’ Wright

    Settlement results

    The table pairs each contract with the 30-minute reference index from BitMEX’s notice and the settled price now shown in the exchange’s public records.

    CryptoSlate Daily Brief

    Daily signals, zero noise.

    Market-moving headlines and context delivered every morning in one tight read.