Original author: BitMEX
Mahe Island, Seychelles, April 7, 2025 - BitMEX , a pioneer in crypto derivatives trading, today shared a comprehensive analysis of perpetual swap listings on major centralized exchanges, revealing the behavioral patterns of newly listed perpetual swaps - and whether they reach price peaks on the first day of listing. The study compared the listings of Bit MEX, Binance, Bybit and OKX from the beginning of 2025 to March 2025, highlighting significant price differences between different exchanges.
Key findings from the study include:
BitMEX performed well: BitMEX became the exchange with the largest number of perpetual contracts listed, and the average increase in the price of contracts after listing reached 62.55%. It is worth noting that 58.33% of the contracts continued to rise after the first day of listing.
Exchange differences: Data shows that only 41.67% of BitMEX projects reached their all-time high (ATH) on the first day, while OKX reached 70.83% and Binance reached 50%. This shows that the first-day peak theory does not apply to all exchanges.
Price peak timing: Most tokens that appreciated after listing reached their highest prices within the first week, while the median time to peak for BitMEX listings was six days.
Stephan Lutz, CEO of BitMEX, said: “Our analysis shows that BitMEX has demonstrated a unique ability to identify and support promising token projects, providing traders with a platform to capitalize on sustained price appreciation. This is a strong testament to our rigorous listing process and market structure, which we believe provides a competitive advantage for traders and listed assets.”
The study highlights the importance of exchange-specific dynamics in helping traders profit from perpetual swap listings. Using these insights, traders can develop more effective strategies to navigate the ever-changing landscape of new perpetual swap listings. With its superior listing performance and consistent price appreciation, BitMEX remains the go-to platform for traders and projects looking to maximize their potential in the cryptocurrency derivatives market.
More details about the study can be found here .
About BitMEX
BitMEX is a pioneering exchange for crypto derivatives trading, providing a platform that meets the needs of professional cryptocurrency traders through low latency, deep crypto-native liquidity and unparalleled reliability.
Since its inception, Bit MEX has never lost any cryptocurrency due to intrusion or hacking, allowing Bit MEX users to trade with peace of mind, confident that their funds are safe, while ensuring that they have access to the products and tools they need to make a profit.
BitMEX was also one of the first exchanges to publish on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week - proving that they are securely storing and segregating funds.
For more information about BitMEX, please visit the BitMEX blog or www.bitmex.com , and follow us on Telegram , Twitter , Discord , and its online communities . For further inquiries, please contact press@bitmex.com .
