BitMEX, a leading cryptocurrency exchange, has settled two significant contracts, P_KAMALAX24 and P_TRUMPX24, according to their terms. On November 7, 2024, at 04:00 UTC, the P_KAMALAX24 contract was settled at 0%, while the P_TRUMPX24 contract was settled at 100%. These percentages show the occurrence or non-occurrence of the underlying events, which can impact market sentiment and trading strategies.
BitMEX is known for offering derivatives products and contracts based on price movements of cryptocurrencies and market events, which traders use to hedge risks or take positions based on their expectations.