Open Source Developer Grant Program

BitMEX, like other companies in the Bitcoin space, relies heavily on the (often-volunteer) work of dedicated open source developers. This work may be difficult, demanding, and often thankless. We believe it is the duty of corporations to help nourish the ecosystems in which they exist, giving back where possible to the projects from which they benefit – and from which their very business model may stem. Without the millions of free hours dedicated by open source developers powering everything from our operating systems to our web servers to Bitcoin itself, the BitMEX trading platform could not have been built.

Total Historic Open Source Developer Grant Funding

Grantee Name Area Total Amount Provided


Bitcoin development US$500,000


Bitcoin development US$50,000

Michael Ford

Bitcoin development US$250,000

Gleb Naumenko

Bitcoin development US$300,000

Calvin Kim

Bitcoin development US$230,000

Sjors Provoost

Bitcoin development US$115,000

Rene Pickhardt

Bitcoin development US$108,333

Chris Coverdale

Bitcoin development US$108,333

Amiti Uttarwar

Bitcoin development US$75,000

Jeremy Rubin

Bitcoin development US$50,000

Alex Hultman

NodeJS – µWebSockets US$215,000



(Differences in rates between developers are primarily driven by the extent to which the developer has other sources of funding and cost of living adjustments)

Grantee Requirements

  • In general, grants are awarded free of obligation
  • However, in the case of the Open Source Developer Grant, grantees will be required to write a report every 6 months on the development work they have conducted. This report is likely to be published on our website under an open source license.

Template Grant Contract

Any grant offers may be based on the “template grant contract”, which is published under an open source licence on GitHub


Other Grants & Donations

Grantee/Donee name Date Amount

Sinon (Node JS)

US$100 per month

Babel (Compiler for JavaScript)

US$500 per month





JA Worldwide


OpenMined COVID-19 Collective


Our World in Data


Nuclear Threat Initiative


Gates Philanthropy Partners


Shadowserver Foundation


The Water Project