Data shows: BitMEX may be losing its dominance in the Bitcoin futures market

According to The Block, BitMEX's market share has been declining since the market sold off on March 12. Analysis provider Skew's data shows that BitMEX's daily BTC futures trading volume (including perpetual swaps) dropped significantly on March 14, while Huobi, OKEx, and Binance all exceeded BitMEX's daily trading volume during the same period .