Arthur Hayes, co-founder of BitMEX and one of the most recognizable names in the cryptocurrency world, has a net worth estimated between $200 and $400 million.
Arthur Hayes, co-founder and former CEO of BitMEX, a pioneer in the cryptocurrency derivatives market, remains a key figure in the industry, both for his perpetual swap product and his keen market analysis. However, one of the most frequently asked questions is Hayes’s true wealth.
Hayes’ Total Cryptocurrency Assets Are Thought to Be Worth $57 Million
During the 2021 bull market, Hayes’s wealth was suggested to exceed a billion dollars. However, on-chain data shows that his crypto assets reached $88 million by the end of 2021, and are currently around $57 million.
BitMEX’s past success has also been the center of speculation about Hayes’ wealth. BitMEX, which reached $1 trillion in annual trading volume in 2019, was valued at $3.6 billion at the time. However, today’s trading volume has dropped significantly. Based on an average daily volume of $677 million, BitMEX’s current value is estimated to be around $500 million. While Hayes’s exact holdings are unknown, it’s estimated that he holds a significant stake due to his role as co-founder.
Arthur Hayes is particularly notable for his Ethereum (ETH) holdings. He holds 6,174 ETH (approximately $26.5 million) and also holds $18.7 million worth of positions in EtherFi’s EETH and WEETH products. His portfolio also includes investments in projects like Ethena (ENA), Lido (LDO), Pendle (PENDLE), and Hyperliquid (HYPE).
Hayes, who focused on venture capital investments with his Maelstrom fund, which he founded in 2023, stands out as an early investor in the Ethena (ENA) project. His non-crypto investments also include a stem cell clinic operating in Mexico and Bangkok. Hayes announced that he had invested in the company and joined its board of directors.
Although some media outlets have previously labeled him a “crypto billionaire,” Hayes’s wealth is currently estimated between $200 million and $400 million, based on his combined BitMEX equity stake, on-chain assets, and other investments.
*This is not investment advice.