BitMEX 十周年，市場依然感激其永續合約的貢獻
BitMEX 的首席執行官表示，他對於競爭對手複製交易所最重要的發明感到滿意。
作者：Sam Reynolds | 編輯：Omkar Godbole
2024年12月11日，上午5:02 UTC
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十年前，BitMEX 創造了永續合約，並成為首個加密衍生品交易所。然而，隨後許多競爭者抄襲了這一模式，使得衍生品交易所如雨後春筍般出現。但 BitMEX 的現任 CEO 斯蒂芬·盧茨（Stephan Lutz）對此表示無所謂。他引用了蘋果創辦人史蒂夫·喬布斯的一句名言：“好的藝術家抄襲，偉大的藝術家偷竊”，來解釋他對於技術被模仿的看法。
進入 Web3 時代，盧茨在2022年底被任命為 CEO，他表示競爭對手複製 BitMEX 的永續合約發明是可以接受的。這種金融工具是加密衍生品市場的基石，越多交易者使用這個工具，市場就會越健康。
在接受 CoinDesk 訪問時，盧茨表示：“這是大家都在抄襲的，因為這就是開源知識。全世界都在使用它，這也是我們能夠期待的最好的讚美方式。”
與期貨合約不同，永續合約消除了到期日，並模擬了保證金交易的感覺。永續合約作為一系列短期期貨合約的滾動序列，利用資金費率，即多頭和空頭之間交換的支付，來保持與基礎資產的價格一致。
盧茨認為，永續合約是加密交易中的一項基石創新，因為它解決了早期加密市場結構中建立衍生品的基本挑戰。
“你面臨著對手信用風險，並且沒有真正的結構將多頭和空頭結合在一起，”他說。“永續合約連同資金機制和後台的保險基金，點燃了整個（期貨）交易行業。”
它還使交易者能夠以加密市場所需的超高速反應。
盧茨提到：“如果你說傳統金融市場是七年一個周期，那麼在加密市場，這個周期是六個月。”他曾在德意志交易所工作，並表示：“你需要迅速對新發展做出反應。”
雖然 BitMEX 現在的衍生品交易量已經不再是最大的，但它仍然擁有一批忠實的交易者。這部分是因為 BitMEX 沒有自己的做市商，它不會與客戶進行對賭。
“我們的資金費率有時會有所不同，因為我們確保完全獨立的價格發現，這對於維持公平性至關重要，”他說。“這是一種中立性。”
在高波動期間，特別是市場下跌時，BitMEX 的市場份額常常會激增，有時甚至會翻倍，盧茨解釋道，這是因為交易所擁有一批忠誠的衍生品交易者。
未來的十年
有時很難想像一家加密公司在十年後會是什麼樣子，因為這個行業的運作速度極快。
可以將雷曼兄弟的清算和結束運作與 FTX 的相對快速破產解決進行比較。
對於 BitMEX，盧茨預見該交易所將在比特幣衍生品領域保持其利基市場，同時選擇性地擴展其產品。
或許在接下來的十年中，BitMEX 會再創新一項新產品，並在整個行業複製時感到自豪。
編輯觀點：
BitMEX 的成功故事反映了加密市場的快速變遷與競爭。其永續合約的創新不僅改變了交易方式，也為市場帶來了更多的靈活性和選擇。然而，隨著市場的發展，BitMEX 需要不斷創新以保持競爭力。在未來的十年中，如何在擴展產品線的同時保持其核心價值，將是 BitMEX 面臨的重大挑戰。這也提醒我們，無論市場如何變化，持續的創新和用戶信任始終是成功的關鍵因素。
以上文章由特價GPT API KEY所翻譯及撰寫。而圖片則由FLUX根據內容自動生成。
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