BitMEX Research is the dedicated research arm of BitMEX, providing data-driven analysis on cryptocurrency and Bitcoin history. It describes itself as filtering out the hype with evidence-based reports on the cryptocurrency space, with a focus on Bitcoin, and its site says it has covered the space since 2017. The BitMEX Research page lists team members Raphael Polansky, Michael Stroud, Grant Kim, Abby Kang, and Theo Lee. BitMEX Research is also associated with ForkMonitor, described as a real-time Bitcoin blockchain monitoring tool for identifying potential consensus issues, unexpected forks, and unauthorised inflation. BitMEX Research has published books including The Blocksize War: The battle over who controls Bitcoin's protocol and Reckless: The Story Of Cryptocurrency Interest Rates. BitMEX Research's TwitterScore is 329 out of 1000.

BitMEX Research is affiliated with BitMEX, a derivatives exchange that says it has provided an exchange platform for institutional and professional traders since 2014. BMEX is the utility token of the BitMEX ecosystem, with holder benefits including trading fee discounts, priority access to products, and other benefits; BitMEX says BMEX has a maximum supply of 450 million tokens vested over a 5 year period. On August 10, 2021, the CFTC announced a federal court consent order requiring BitMEX entities to pay a $100 million civil monetary penalty for illegally operating a cryptocurrency trading platform and anti-money-laundering violations. The CFTC said its October 1, 2020 complaint charged BitMEX entities and founders Arthur Hayes, Benjamin Delo, and Samuel Reed with unlawfully accepting U.S. customer orders and funds to trade cryptocurrency derivatives, including derivatives on bitcoin, ether, and litecoin. On February 24, 2022, the U.S. Attorney's Office for SDNY announced Arthur Hayes and Benjamin Delo pleaded guilty to violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an AML program at BitMEX; each agreed to pay a $10 million criminal fine. The Wall Street Journal reported that BitMEX pleaded guilty in July 2024 to one count of violating the Bank Secrecy Act and was fined $100 million and sentenced to two years' probation in January 2025 for AML/KYC failures. BitMEX Research ranks at #960 out of 364,257 accounts, with 118,405 followers and 10,844 posts.

Smart Followers

The accounts that follow BitMEX Research include 1,046 founders, 250 angel investors, 541 influencers and 79 VCs, among them Arthur Hayes, Erik Voorhees, Laura Shin, Toly, Ansem and Michael Saylor. BitMEX Research is mentioned by 391 accounts across 778 mentions.