Currently, the only bots allowed on BitMEX are those written by trusted authors, either employees or vetted partners. BitMEX has a rigorous vetting process for all bots to ensure quality and compliance.
Vetting Process
- Code Review: The bot’s code is thoroughly reviewed to ensure it meets security, performance, and reliability standards.
- Compliance Review: The bot is checked for adherence to regulatory requirements and BitMEX’s policies.
- Product Review: The bot is evaluated for its functionality, intended use, and the potential value it offers users on the platform. This includes whether it fits into the product ecosystem and provides a unique or valuable strategy.
Bots flagged as “unvetted” come from external sources where we cannot verify the validity of the data or provide a backtest. We also cannot offer indicative ROI or max drawdown for these bots.
Verified Bots: These bots use only internal data sources and undergo the full vetting process. Once vetted, we are able to provide users with backtested performance metrics such as Indicative ROI and Indicative Max Drawdown (coming soon).