Brahma has been acquired by @Polymarket.
We started @BrahmaFi in late 2021 with a simple bet: crypto infrastructure was too complex for the people who stood to benefit from it most.
Over four years we built vaults, smart accounts, automated execution, and a full payment settlement stack connecting crypto to credit cards. All trying to close the gap between what DeFi could do and what users could actually use. It wasn't always smooth, but we shipped through every cycle and came out the other side with something we're proud of.
It started with a late night ping from @allquantor: "get on the phone, Shayne wants to talk to you guys." One call turned into many. Polymarket is scaling fast and building products that need the exact kind of infrastructure thinking we'd spent four years developing at Brahma. That overlap was obvious from day one.
Prediction markets are the clearest example of a crypto-native product going mainstream, and the ambition is to take that much further. New market categories, new product surfaces, mainstream audiences.
That's exactly the kind of problem my co-founders @kakujain, @BapireddyK and I want to focus on next. Our product and engineering team is joining to help make it happen.
To everyone who built with us, used what we made, or backed us when it was just an idea - thank you. We're here to build.
https://t.co/p35IKkXsp3
Friday Update - Week of July 20th, 2026:
- CLOB rate limits: volume-based tiers live in observe-only mode, go into effect August 6 (https://t.co/Fy8GIGz5Zj)
- Trading: async DB release preparation done, with full rollout next week. Focused on latency reduction and stabilization
- Developer docs: full rewrite live at https://t.co/zhqlc6fc9l
- SDKs: TypeScript and Python clients out of beta to stable 0.x, perps flagged experimental
- Unified DeFi API: prepare-order endpoint now assembles CLOB typed data for market and limit orders, builder-attributed trades added
- Combos: Collateral Return in staging, beta rollout starting next week
- Perps: fixed balance transfer errors, leverage changes on open positions, cancel-only mode after maintenance, launched multiple assets, see @Poly_perps
- Data API: settled outcome fields on redeem rows for MMs, activity classification fixes
- Wallet recovery updated with Beacon Deposit wallets, live at https://t.co/wlwftx4rJE
⁃ Liquidity reward sampling improvements
CLOB maintenance focused on latency improvements is scheduled for Friday July 24, 04:00 UTC, with a window of up to 1h30m.
This also brings the changes to transaction hash behavior we shared last week - POST /order and POST /orders will return tradeIDs instead of transactionHashes on FAK/FOK matches.
If you're on the CLOB client (TS / Python / Rust), bump to the latest version before then. Updates throughout on the status page: https://t.co/kKoiZzTXcz
Dear BitMEX Users,
Today, we share with a very heavy heart that BitMEX exchange will shut down its operations, effective 23 September 2026 at 04:00:00 UTC.
The owner and operator of BitMEX, HDR Global Trading Limited, has made the difficult decision to close operations following a strategic review of the business.
It may not look the same today, but we are proud of our 11+ year legacy and the role we played in shaping the crypto industry. We invented the 100x leverage perpetual swap, which for most of you, was the first step to your crypto trading journey. It is now the most traded financial product in the crypto industry, adopted by thousands of users and exchanges. And we remain proud of our robust security infrastructure, which has allowed us to maintain a flawless track record of 0 customer funds lost to hacks in our entire operating history.
We want to reassure you that your assets remain fully safe and under your control during this transition period. This announcement is just to give enough time to ensure a smooth withdrawal process for everyone.
From today we strongly encourage all users to close their positions and withdraw their funds as soon as convenient. For more details on the full process, please read our blog: https://t.co/OOHeh6xHm8
BitMEX was once home to some of the greatest traders today. Our team has dedicated tremendous effort and passion into building the platform into what it is, and we are glad to have reached some of you during your time with us. To everyone who has traded, supported, and grown alongside us - thank you for your trust over the last 11 years.
The BitMEX Team
ANNOUNCING: The Combo Cup.
$50k in daily bonuses — paid out to the top Combo trades on Polymarket.com
Ends July 31st.
Place any combo here: https://t.co/ypUQ0xj7W9
Friday Update - Week of July 6th, 2026:
- Order lifecycle: GTD limit order minimum expiration raised from 1 to 3 minutes, closing a phantom-liquidity gap. A fix for the remaining fill-fail issues is releasing in the next few days.
- Combos: Expanded to cricket, moneyline UFC, and more esports, plus a dedicated Combos page. PnL and leaderboard upcoming. SDK support for Combo pagination shipped in TS and Python.
- CLOB and maintenance: Tracker restart downtime cut about 90%, from 30+ minutes to under 5. Matching engine changes dropped latency jitter and peaks by more than 75%.
- Perps: Referral program with invite codes launched alongside fee tiers, and internationalized surface.
- Fixed login bugs causing unexpected logouts, including a Coinbase Smart Wallet recovery issue.
- Deposit Wallet: Recovery function deployed to 5 more chains, unblocking stuck funds for affected users. PassKey and 1271-signature support being added.
Friday Update - Week of June 29th, 2026:
- Reliability push: we ranked the top issues you've been reporting (on redemptions, PnL display, trading reliability, unexpected logouts, delayed rewards, API and data reliability) and each now has a dedicated owner and fix track; expect regular progress updates
- Beacon Deposit Wallet: shipped 6/29, follow-up SDK releases out
- Combos expanded: esports and crickets live; premade combos now on World Cup homepage. New Combo page and navigation next week
- In-house indexer getting ready for full production rollout over the next two weeks. It will bring fast position updates, and accurate PnL data
- Esports: dedicated league pages with leaderboards, news and roster tabs
- Perps: TradingView Advanced Charts live, SDK support complete including TP/SL, builder and user docs published; access rollout continuing
- SDKs: new tick sizes supported across TS, Python and Rust clients; batch position redeem added (Python); Rust SDK started
- Gamma API: response caching added on high-traffic endpoints, more latency gains
@vonzz6 New accounts use deposit wallets, which prevents this issue entirely. We didn’t force-migrate existing users to avoid breaking their experience, but any account that breaches terms gets banned.
Others keeptheir account as-is.