Incident title: Trading Engine Requests Temporarily Rejected
Incident time: March 09, 2021 - 07:45 UTC
Incident status: Resolved
Details: Due to a release-related issue, requests to the trading engine were rejected with status code 503 between 7:21:19 and 7:26:53 UTC on 9 March 2021. Full functionality has been restored. The root cause was identified and rectified immediately. We apologise for any inconvenience this may have caused. An incident report will follow.

BitMEX.com - Trading Engine - Operational

New EOSUSDT and TRXUSDT Quanto Perpetual Swaps

We aren’t done launching new products yet. On 17 March at 04:00 UTC, we will list both EOSUSDT and TRXUSDT perpetual swap contracts.

The contracts will be visible on the platform from 16 March 2021 at 04:00 UTC as Unlisted, 24 hours before start of trading.

Please see our blog for more information: https://bit.ly/3clsjnA

REMINDER: Our new Quarterly Futures will be tradable tomorrow, 12 March 2021 at 08:00 UTC.

The contracts are visible on the platform from 11 March at 08:00 UTC as Unlisted.

Please refer to our blogpost of Q2 2021 Quarterly Futures Listings for detailed contracts list: https://bit.ly/3c98j7Y

Q2 2021 Quarterly Futures Listed

Today, 12 March 2021, our new Quarterly Futures went live.

Please refer to our blogpost of Q2 2021 Quarterly Futures Listings for detailed contracts list: https://bit.ly/3c98j7Y

Trading started at 08:00 UTC here: https://www.bitmex.com/app/trade

REMINDER: We are launching our EOSUSDT and TRXUSDT Quanto Perpetual contracts on 17 March at 04:00 UTC. The contract became visible on the platform from 16 March at 04:00 UTC as Unlisted.

Like other quanto contracts, the TRXUSDT and EOSUSDT products will have a fixed Bitcoin multiplier regardless of the Tether/underlying coin price. This allows traders to put on long or short positions without ever touching either the coin itself or USDT.

Traders post margin in XBT, and earn or lose XBT as the rate changes. This quanto risk premium may be one of the factors which results in the swap trading at a premium / discount to the spot price – see our blog post explaining this concept for ETHUSD: https://blog.bitmex.com/is-the-ethusd-swap-fairly-priced/

Please see our blog for more information: https://bit.ly/3rT6YbZ

Introducing Bech32 Deposits on BitMEX to Deepen Bitcoin Integration, Lower Fees

We’re very pleased to announce the imminent launch of Bech32 deposits across the BitMEX platform, boosting efficiency and deepening our integration with the latest Bitcoin address format.

In the coming weeks, we will begin to issue Bech32 addresses to all new BitMEX users and migrate current users to new addresses in phases as soon as possible. While P2SH addresses will continue to credit deposits for the time being, we strongly encourage all current users to send funds to the new addresses once provided. We aim to complete the rollout by the end of Q2.

Read more for further details here: https://bit.ly/3qXF4tW

Crypto Trader Digest - Poor Wojak's Almanack

Calling all DeFi Farmers (and all others who are curious)!

Take a fascinating dive into the world of DeFi farming with our co-founder Arthur Hayes in the latest edition of Crypto Trader Digest: https://bit.ly/3txfrSw

BitMEX Indices Updated – Q2 2021

BitMEX updated its indices across all products today, 26 March 2021 at 12:00:05 UTC.

The affected indices include:
.BXBT, .BETH, .BXRP, .BBCH. .BLTC, .BUSDT;
.BETHXBT, .BXRPXBT, .BBCHXBT, .BLTCXBT, .BEOSXBT, .BADAXBT, .BTRXXBT;
.BAAVET, .BADAT, .BBNBT, .BDOGET, .BDOTT, .BEOST, .BLINKT, .BUNIT, .BXLMT, .BXTZT, and .BYFIT

Please see our blog post: https://bit.ly/2PahAVx and BitMEX Indices page: https://bit.ly/2NVE24n for index weights and further details.

Scheduled Downtime for 1 April (Testnet) and 8 April (Mainnet) for Upgrades to System Architecture

We will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC to facilitate a major upgrade to our system architecture. On Thursday, 8 April at 02:15 UTC, we will temporarily halt trading in our production (Mainnet) environment for the same upgrade.

From this time in each instance, any order actions will be rejected. Deposits made will be queued for processing.

In both instances, the system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP

Enhancing the BitMEX Compliance Programme with Kharon

We’ve been steadily enhancing our compliance programme as the crypto derivatives sector evolves. The latest step comes in the form of a new partnership with Kharon, a research and data analytics company, to strengthen our customer due diligence process and enhance screening for OFAC-sanctioned entities and other related parties.

In doing so, we are making our know-your-customer programme even better, which is part of our ongoing efforts to add the best vendors and solutions to ensure our screening process stays ahead of the curve.

For more details, read our blog here: https://bit.ly/2PNhrHx

Reminder - [Testnet] Scheduled Temporary Downtime for 1 April

Please be reminded that we will temporarily halt trading in our Testnet environment on Thursday, 1 April at 02:15 UTC to facilitate a major upgrade to the system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP

Reminder - Scheduled Downtime for 8 April

Our scheduled upgrade today on Testnet was completed successfully. Please be reminded that we will temporarily halt trading on the BitMEX platform on Thursday, 8 April at 02:15 UTC to apply the same upgrade. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP

All Aboard! - Crypto Trader Digest

All aboard, crypto traders - in the latest edition of Crypto Trader Digest, take a deep dive with Arthur into the ‘bedrock of the crypto capital markets’ - the Cash-and-Carry trade.

Read it here: https://bit.ly/3mb2bk9

Reminder - Scheduled Downtime for 8 April

Please be reminded that we will temporarily halt trading on the BitMEX platform on Thursday, 8 April at 02:15 UTC to facilitate a major upgrade to our system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP

Reminder - [Mainnet] Scheduled Temporary Downtime in One Hour

Please be reminded that we will temporarily halt trading in our production (Mainnet) environment on Thursday, 8 April at 02:15 UTC to facilitate a major upgrade to the system architecture. From this time, any order actions will be rejected. Deposits made will be queued for processing.

The system will be online again in cancel-only mode from approximately 02:35 UTC. Order cancel requests and deposits will be processed normally. Continuous trading will recommence from approximately 02:45 UTC.

From the halt of trading until continuous trading resumes, there will be no Mark Price updates and hence no liquidations.

For more information, please see our blog: https://bit.ly/3dgQsfP

Scheduled Upgrade Complete

Our scheduled upgrade today was completed successfully, with trading resuming as planned at 02:45 UTC.

For any questions, please contact Support: www.bitmex.com/support