If you want my thesis on XBT, read the thread below. You cannot fake lore. Everyone knows and loves ticker XBT.
Incredible work by Bitmex.
The last available way to long XBT is by buying XBT and holding XBT, which allows you to earn BTC. It deserves much higher imo.
Yesterday we closed the book on XBTUSD — the contract that started it all.
Launched on 13 May 2016, it was the longest-running perpetual swap contract in crypto. And until we are told otherwise, the longest running derivatives contract of any kind, given TradFi still trades on contracts that expire.
Let's take a trip down memory lane one last time 💔