BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown

BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year.Crypto exchange BitMEX accelerated its delisting of derivative contracts and trading pairs in July due to “insufficient trading interest,” offering a glimpse at declining activity on the platform surrounding its decision to wind down the exchange.BitMEX’s website shows that in early July, it delisted 21 derivative contracts; two weeks later, BitMEX delisted nine spot pairs for lack of trading interest. On Thursday, BitMEX added another 35 derivative contracts to the queue for delisting, totaling 65 delistings in July. Related: BitMEX to shut down after 11 years in crypto derivatives“We’ve decided to delist these contracts due to insufficient trading interest in these contracts and the closure of the BitMEX exchange,” it said in a statement.Cointelegraph’s analysis of BitMEX’s delisting announcements over the past year shows that 65 crypto instruments are set to be delisted in July, compared to 19 in the first half of the year. BitMEX announced Thursday that it will cease exchange services on Sept. 23, 2026, at 4:00 am UTC, but did not give a spec...