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BitMEX Token BMEX Crashes Over 90% As Exchange Announces Shutdown In September After 11-Year Run
in5points
BitMEX announced a shutdown in September after 11 years of operation.
BitMEX Token BMEX crashed over 90% following the announcement.
The closure comes as decentralized perpetual exchanges gain market share.
Hyperliquid contributed to perp DEXs reaching 13.5% of total open interest.
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Rajeev Chandrasekhar / Jupiter Capital interests historically