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How a Hong Kong Hike Revolutionized Crypto Trading Forever
In 2015, during a hike in Hong Kong, the concept of the perpetual swap was born. Ben Delo, BitMEX co-founder and mathematician, was discussing a problem with a friend, Bavik, a derivatives trader. BitMEX had tried various futures contracts, but customers complained about positions closing unexpectedly. They wanted a product that resembled spot trading but offered the leverage of derivatives. Delo…
July 29, 2026, 1:53 p.m.
Finance
How a Hong Kong Hike Revolutionized Crypto Trading Forever
The concept of the perpetual swap, also known as a perpetual future or 'perp,' was conceived on a hiking trail in Hong Kong in 2015. Ben Delo, a mathematician and co-founder of BitMEX, was discussing a problem with a friend, Bavik, a derivatives trader. BitMEX had been experimenting with various futures contracts, but customers kept complaining about positions closing without warning. They wanted…
July 29, 2026, 1:53 p.m.
Finance
The Transformative Hong Kong Hike That Revolutionized Crypto Trading
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July 29, 2026, 1:53 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
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July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
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July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
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July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Blockchain-Powered Transfer Agency Market
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July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
None
July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
None
July 29, 2026, 12:18 p.m.
Finance
BNY Sets Sights on $8.6 Trillion Transfer Agency Market with Blockchain Integration
None
July 29, 2026, 12:18 p.m.