BitMEX is losing users

In April, the BitMEX crypto derivatives exchange led the anti-rating in terms of attendance.

Analyst at The BlockLarry Chermak noted in his tweet that the cryptocurrency market leader's traffic decreased by 40%, from 13.4 to 8 million visits. 

According to the expert, this is quite alarmingfigure for BitMEX, given the recent loss of 50% of the derivatives market. Against the backdrop of the global economic recession and instability of the crypto market, traffic decreased on most crypto platforms, but Binance lost only 2% of traffic, and Coinbase dropped by 7% compared to the previous month. 

In parallel with the loss of BitMEX users, traffic is growing on OKEx, which also offers crypto derivatives, Chermak notes.

However, in the derivatives market, Binance had the largest futures trading volume over the past month: