Arthur Hayes' Net Worth Shrinks Amid Market Shifts

According to a new report from Arkham, Arthur Hayes, co-founder of BitMEX, now holds an estimated net worth between $200M and $350M. This marks a significant drop from his peak of over $1B during the 2021 crypto bull run, placing him well below billionaire status in today’s market landscape.

On-Chain Holdings Breakdown

Hayes' verified on-chain portfolio is currently valued at $42M, with the largest portion being $27M in USDC stablecoins. He also holds $8.6M in Ether.Fi's EETH and WEETH products, along with $8.5M invested in Ethena (ENA), Lido (LDO), and Pendle (PENDLE).

BitMEX's Declining Valuation

Once valued at $3.6B in 2019 with annual trading volumes exceeding $1T, BitMEX now sees daily trading volumes around $385M. Arkham projects a conservative valuation of $500M for the platform by 2026, suggesting that Hayes' original 33% stake has likely been diluted significantly over the years.