BitMEX posts $84 million in Bitcoin futures volume, 0.08% market share

Ki Young Ju said on July 23, 2026 that BitMEX accounted for 0.08% of total Bitcoin futures volume, underscoring its reduced share as newer exchanges gain ground despite its earlier industry influence.

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Summary

BitMEX recorded $84 million in Bitcoin futures volume for the previous day, equal to 0.08% of the total market, according to CryptoQuant founder Ki Young Ju in a July 23, 2026 post on X. Ju said the exchange once helped shape the industry but is now passing the baton to a new generation of venues inspired by it. The figures highlight how far BitMEX’s presence in crypto derivatives trading has shrunk from its earlier prominence, while indicating it still retains some relevance in market discussion.

Terms & Concepts
  • Bitcoin futures: Contracts that track or speculate on Bitcoin’s future price
  • market share: The portion of total market activity attributed to one venue or participant
  • crypto derivatives: Tradable contracts whose value is based on digital assets