BitMart's BMX token plunged over 55% after the exchange announced a full wind-down of operations, with trading to cease by August 26, 2026.

BitMEX will permanently shut down on September 23, 2026, sending its $BMEX token down 98%. Here's what traders need to know about the closure.

Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing.