BitMart said it will wind down its trading platform, halting all trading Aug. 26 and ceasing operations Jan. 31, 2027, as its BMX token fell about 59% in 24 hours.

BitMEX will permanently close on September 23, 2026, with daily volume at $400,000 and its BMEX token down over 90%, signaling accelerating

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