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BitMEX Invented The 100x Perp Then Killed It. HDR Is Winding Down 11 Years Of Derivatives Volume By September 23

HDR Global will shut BitMEX on September 23, 2026 after a board review. The exchange that invented the perpetual swap is exiting exactly as Binance, OKX, Hyperliquid and Bybit push derivatives ADV to record levels. New positions are already halted.

BTCETHbitmexhdr-globalJul 23, 2026

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