[Bybit Co-Founder Ben Zhou Pays Tribute to BitMEX: The Pioneer of Perpetual Contracts Bows Out, Product Becomes Industry Core] Foresight News reports that Bybit Co-Founder and CEO Ben Zhou commented on the 'BitMEX shutdown,' stating, 'BitMEX was the pioneer of the perpetual contract product, once becoming the world's largest cryptocurrency exchange, used by millions of traders, and inspiring many exchanges, including Bybit, to emulate its product. Although BitMEX faced intervention from regulatory authorities, the perpetual contract product withstood the challenges and continues to thrive, now becoming one of the core products in the crypto industry. It has gradually achieved compliance status in regions such as the EU, Dubai (VARA), and Hong Kong. An era has come to an end. Tribute to the legendary figures who created it.'