Hyperhub

BTC

Crypto3 DEXes

BTC perpetual listed across 3 HIP-3 DEXes. Compare collateral, liquidity, funding, and fees before choosing where to trade.

Reference Price
$73,940
Best 24h Volume
$9.2M
Total OI
$45.6M
About

About BTC

The original cryptocurrency — decentralized digital money and the dominant store-of-value asset in crypto.

Crypto

Bitcoin is a decentralized digital currency that operates on a proof-of-work blockchain network, enabling peer-to-peer value transfer without intermediaries. Launched in 2009, it introduced the concept of trustless, censorship-resistant money secured by cryptographic mining. Bitcoin's fixed supply cap of 21 million coins and its roughly four-year halving schedule create a disinflationary issuance model that underpins its "digital gold" narrative. The network processes transactions through a global network of miners and nodes, with settlement finality measured in blocks rather than institutional clearinghouses. Bitcoin is the largest cryptocurrency by market capitalization and the most widely held digital asset across both retail and institutional portfolios. For traders, BTC serves as the primary risk barometer for the entire crypto market — its price action tends to set the directional tone for altcoins, and it is the most liquid crypto perpetual on virtually every derivatives venue.

Tracks
Bitcoin

Price Chart

DEX Comparison

Compare venues

Compare liquidity, collateral, cross-margin availability, and funding across all live DEXes for BTC.

DEXCollateralCross MarginMark Price24h VolOIFundingTaker FeeTier 0 default. No wallet discounts or referrals applied.Maker FeeTier 0 default. No wallet discounts or referrals applied.Max LevTrade
HyENAMost liquidLowest fee
hyna
USDeYes$73,950$9.2M$45.6M-0.0023%0.081%0.030%40xTrade
Felix Exchange
flx
USDHIsolated only$90,609.6$0.00$0.000.0000%0.081%0.030%1xTrade
Dreamcash
cash
USDTYes$70,000.00$0.00$0.000.0000%0.090%0.030%40xTrade
How to Choose

Pick the right venue

Start from your collateral first, then confirm liquidity and fees, and treat cross margin as a secondary account-mode decision.

Cross margin requires Unified Account or Portfolio Margin, and deployers enable it market by market.

Lowest default Tier 0 fee: HyENA with 0.081% taker and 0.030% maker.

  • hynaHyENAUSDeLowest fee

    Ideal if you want to earn yield (up to 12% APY) on your margin while holding positions.

    Default Tier 0 fees: 0.081% taker / 0.030% maker

    Cross margin available. USDe margin crosses within HyENA. Scope may expand under Unified Account if other DEXes use USDe.

    Full details →
    Trade on hyna
  • flxFelix ExchangeUSDH

    Best if you already use Felix Protocol for USDH lending and want an integrated DeFi experience.

    Default Tier 0 fees: 0.081% taker / 0.030% maker

    Currently isolated-only on this market. Under Unified Account, USDH margin is shared with Kinetiq Markets, Ventuals. Under Standard Account, cross margin stays within this DEX only.

    Full details →
    Trade on flx
  • cashDreamcashUSDT

    Lowest barrier to entry — USDT margin, mobile-friendly, good for casual traders.

    Default Tier 0 fees: 0.090% taker / 0.030% maker

    Cross margin available. USDT margin crosses within Dreamcash. Scope may expand under Unified Account if other DEXes use USDT.

    Full details →
    Trade on cash

* Cross margin requires Unified Account or Portfolio Margin, and is enabled per market by the deployer.