BitMEX is on a rapid purge, slashing 65 derivative contracts and trading pairs in July alone—nearly triple the first-half total—citing lack of trading interest as they wind down operations entirely by September 23, 2026. This aggressive cleanup reflects broader industry trends: big exchanges are dominating liquidity, compliance costs are soaring, and mid-sized platforms like BitMEX are struggling to survive amid relentless market consolidation.
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