Perpetual swaps became a core product for crypto exchanges, Ben Zhou notes

Perpetual swaps became a core product for crypto exchanges, Ben Zhou notes
BitMEX perps transformed crypto exchanges

Ben Zhou, co-founder and CEO at Bybit, highlights BitMEX's pioneering role in developing the perpetual swap, which helped the exchange become the world's leading crypto platform.

Zhou states that despite regulatory pressure, the perpetual swap product endured and is now central to the crypto industry, inspiring new exchanges such as Bybit.

Earlier, Zhou predicted that future exchanges will blend stocks, banking, payments, real-world assets, and AI into unified platforms, according to a previous interview. Bybit has also launched an AI skill marketplace for users to compare APY and auto-subscribe to earn products. These developments show Zhou’s continued focus on integrating advanced technology into exchange offerings.

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