Blog/BitMEX Alpha/State of Crypto Perpetual Swaps 2025

State of Crypto Perpetual Swaps 2025

8 January 2026

Learn how structural stress, liquidity shocks and the breakdown of once-reliable trading strategies reshaped perpetual swaps in 2025 in BitMEX's State of Crypto Perpetual Swaps report.

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BitMEX AlphaPerpetual SwapsEquity Perps