What is the current price of BitMart Token?
The current price of BitMart Token is $0.0381
Supply and ATH/ATL data provided by CoinGecko
Delisted / inactive on checked exchanges. On 2026-10-08, no active market was found on Binance, KuCoin, Gate, Bybit, Bitget, Kraken or OKX. Last recorded price at that check: 2026-07-30.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
BitMart Token (BMX) is the exchange token of BitMart, a centralized cryptocurrency exchange. It is an ERC-20 token on Ethereum that gives holders discounts and perks on the BitMart platform: a 25% discount when trading fees are paid in BMX, higher account levels, launchpad access and voting on new listings. BitMart also runs a buyback-and-burn program that uses part of its trading income to reduce the BMX supply.
BMX matters mainly to BitMart users. Like other exchange tokens, its usefulness is tied directly to the exchange that issues it, so understanding BMX is largely about understanding BitMart's fee model, its burn policy and the risks of depending on one company.
BMX is issued by BitMart Exchange. According to the BMX whitepaper, the BMX ecosystem began operating in September 2017. The token was first issued as "BMC" in December 2017 and renamed BMX in January 2018 after BitMart found that the BMC ticker was already used by another project. For that reason the smart contract and some block explorers may still display the symbol BMC, even though the token is traded as BMX.
The whitepaper does not list individual founders. A December 2021 report in The Register quoted Sheldon Xia as BitMart's CEO at the time.
December 2021 security incident. In early December 2021, BitMart announced what it described as "a large-scale security breach related to one of our ETH hot wallets and one of our BSC hot wallets," and paused withdrawals. As reported by The Register, BitMart put the value withdrawn by the attackers at approximately 150 million USD, while the security firm PeckShield estimated closer to 200 million USD. BitMart said deposits and withdrawals would gradually resume from December 7, 2021.
BMX is a standard ERC-20 token on Ethereum:
Issuance and supply The initial supply was 1,000,000,000 BMX. No new BMX is minted through a protocol; supply changes only through burns.
Use on the exchange Holding BMX in a BitMart account, or choosing to pay fees in BMX, unlocks the discounts and features described below. These rules are set by BitMart and applied off-chain inside the exchange.
Buyback and burn BitMart's BMX page says it plans to use 20% of its profits each quarter to buy back and burn BMX until 50% of the total supply has been burned. The whitepaper describes the same program as 20% of trading-fee income each quarter, continuing until 500 million BMX have been destroyed, with burns recorded on-chain.
Contract administration BitMart's BMX page states that the token is managed through a Gnosis Safe requiring 2-of-3 signatures from core team and DAO representatives using hardware wallets.
0x986ee2b944c42d017f52af21c4c69b84dbea35d8, viewable on Etherscan and Ethplorer.According to the whitepaper and BitMart's BMX page:
The whitepaper gives this distribution of the initial 1 billion BMX:
The stated target after buybacks is a supply of 500,000,000 BMX.
BMX is one of the older exchange tokens, and its main distinguishing features are the long-running burn program and the listing-vote mechanism that ties the token to which projects BitMart lists. Unlike tokens that act as gas on an exchange-affiliated blockchain, BMX today is a plain ERC-20 token whose utility lives inside BitMart's own platform.
As an ERC-20 token, BMX transfers are secured by Ethereum's proof-of-stake consensus. The contract itself is administered through a multi-signature Gnosis Safe, according to BitMart. BMX held on the exchange, however, depends on BitMart's own custody and security. The 2021 hot-wallet incident shows why that distinction matters.
For BitMart users, BMX is a practical way to lower fees and join platform programs. For everyone else, it is a clear example of how exchange tokens work: value tied to a single company's platform, supported by buybacks, and exposed to that company's operational risks.
BMX trades on BitMart itself, which lists BMX among its supported assets in the whitepaper. It may also be available on other centralized venues and on Ethereum-based decentralized exchanges; always confirm the contract address before buying on a DEX.
BitMart states that any wallet supporting Ethereum can store BMX, though you may need to add the contract address manually. Options include self-custody Ethereum wallets and hardware wallets. Keeping BMX on BitMart is necessary to use most of its perks, so weigh those benefits against custody risk.
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Read the complete paper trading guideThe current price of BitMart Token is $0.0381
The daily trading volume is $7,479.64
The market capitalization of BitMart Token is $12,931,598.
The fully diluted valuation (FDV) of BitMart Token is $33,591,982, calculated assuming the maximum supply of 881,679,315 BMX is in circulation.
Circulating: 339,412,030. Total: 639,412,030. Max: 881,679,315.
BMX/USDTTether USDT0.0381 USDT
Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.
The exchange gave no specific reason for the closure, and its BMX token fell about 59% in 24 hours after the announcement.
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing.
BitMart starts a phased shutdown, halts deposits and new orders, and will end all trading on August 26 as BMX drops about 63% in 24 hours.
