BTC/USDReference
82,086.1+1.10%Difference +895.1

Price: mark price · perpetual futures / vs. 24h earlier / / Saved / stale

Five daily saved mark prices, 2026-10-15 to 2026-10-19 / Low 81,168.9 · High 82,538

Price-discovery chart

A continuous 24-hour perpetual-futures reference value. About the data

Open interest (contracts)39982.8367 contracts

Saved open interest, contract count

Funding rate (per hour)0.0000125

Saved funding rate, per-hour decimal

A perpetual-futures reference on the price of the crypto asset bitcoin. Perpetual futures have no expiry date.

Source: Hyperliquid · Last updated · Perpetual-futures reference value

Crypto has no cash-session boundary here. The page shows a perpetual-futures reference. Hyperliquid main perpetual-futures reference.

How to read the chart

Reference chart of Hyperliquid perpetual-futures candles for BTC/USD, not the official cash-market chart.

Reference value and method

How the numbers and formulas on this page work: Symbol page guide.

BTC/USD is shown as a Hyperliquid perpetual-futures reference, and 24h compares against the previous-day reference for the same contract, not a cash price, official index, exchange close, or cash previous close.

Observed value at 2026-09-27 22:04 UTC

Asset class
Crypto perpetual-futures reference
Source
Hyperliquid / main:BTC
Price unit
USDC reference
Reference value
USDC 84431.50
24h
+0.36%
Method
Use the mid price; use the mark price only when no mid price can be obtained
Referenced contracts
BTC
Observed time
Saved observation

Ratio = 84431.5 / 84125.0 − 1 = +0.36% (shown as a percentage, rounded to two decimal places).

Hyperliquid field names: mid price = midPx; mark price = markPx; previous-day reference = prevDayPx.

This site does not provide investment advice.

Range position

2020-08-19 – 2026-10-08 · 2242 daily candles (settled only). Daily candles are 24-hour perpetual-futures values, not official exchange closes.

Low for this period
USDC 9,808.6 (2020-09-05)
High for this period
USDC 126,297 (2025-10-06)
Position
64.1%
Reference used for position
USDC 84431.5
Observed at

Highs and lows after the collection period are not included.

This range is computed from the stored daily ledger. The original API responses have not been re-checked against it.

Symbol facts and market observations

About this symbol

The total amount that can ever exist is capped at 21 million BTC. The block subsidy started at 50 BTC. It is cut in half every 210,000 blocks, which occurs approximately every four years.

Sources: Bitcoin Core (MIT licence), trade[XYZ] (contract issuer).

Taproot under BIP-341 activated at block 709,632, with a threshold of 1,815 blocks out of 2,016. The COIN constant in amount.h is 100,000,000, and amounts are stored in that unit. Perpetual futures allow maximum leverage of 40 times, falling to 20 times when notional value exceeds 150,000,000 USDC. All of the above is from the Bitcoin Improvement Proposals, Bitcoin Core source code, and Hyperliquid.

Sourced explanations (17)

Explanations may include summaries and translations. Follow the source links for the original text.

Basic information

  • The total amount that can ever exist is capped at 21 million BTC. From the source code, retrieved 23 August 2026.

    Source: Bitcoin Core (MIT License)

  • The block subsidy started at 50 BTC. It is cut in half every 210,000 blocks, which occurs approximately every four years. From the source code, retrieved 23 August 2026.

    Source: Bitcoin Core (MIT License)

  • The genesis block carries a timestamp of 3 January 2009 UTC. From the source code, retrieved 23 August 2026.

    Source: Bitcoin Core (MIT License)

  • Both the cap and the halving interval are written as constants in the Bitcoin Core source code. From the source code, retrieved 23 August 2026.

    Source: Bitcoin Core (MIT License)

  • The smallest unit is the satoshi. One BTC is 100,000,000 satoshis, the value held by the constant COIN in the source code. From the source code, retrieved 24 August 2026.

    Source: Bitcoin Core (MIT licence)

  • The target spacing between blocks is ten minutes, set on mainnet by the constant nPowTargetSpacing as 10 * 60 seconds. From the source code, retrieved 24 August 2026.

    Source: Bitcoin Core (MIT licence)

  • The difficulty is retargeted every two weeks, which at a ten-minute spacing works out to 2,016 blocks. From the source code, retrieved 24 August 2026.

    Source: Bitcoin Core (MIT licence)

  • A mining reward cannot be spent until 100 more blocks have been added, as set by the constant COINBASE_MATURITY. From the source code, retrieved 24 August 2026.

    Source: Bitcoin Core (MIT licence)

  • Once 64 halvings have occurred the block subsidy becomes zero, as written in the function that returns the block subsidy. From the source code, retrieved 24 August 2026.

    Source: Bitcoin Core (MIT licence)

  • BIP-141 sets a maximum block weight of 4,000,000 weight units. Weight is 3 times the base size plus the total size. From the proposal document retrieved 25 August 2026.

    Source: Bitcoin Improvement Proposals (bitcoin/bips repository)

  • Bitcoin Core sets the SegWit activation height at block 481,824. From the source code retrieved 25 August 2026.

    Source: Bitcoin Core (bitcoin/bitcoin repository)

  • Taproot under BIP-341 activated at block 709,632. The threshold was 1,815 blocks out of 2,016. From the proposal document retrieved 25 August 2026.

    Source: Bitcoin Improvement Proposals (bitcoin/bips repository)

  • Difficulty adjustment constrains the measured timespan to between 1 quarter and 4 times the target timespan. The target timespan is 14 days and the target spacing is 10 minutes. From the source code retrieved 25 August 2026.

    Source: Bitcoin Core (bitcoin/bitcoin repository)

  • The COIN constant in amount.h is 100,000,000. Amounts are stored in that unit. From the source code retrieved 25 August 2026.

    Source: Bitcoin Core (bitcoin/bitcoin repository)

  • BIP-39 uses 2,048 PBKDF2 iterations and HMAC-SHA512 for seed generation. From the proposal document retrieved 25 August 2026.

    Source: Bitcoin Improvement Proposals (bitcoin/bips repository)

Contract and trading hours

  • This is a perpetual contract on the main dex. The oracle price is denominated in USDT while collateral and settlement are in USDC, with no conversion between the two. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • Perpetual futures allow maximum leverage of 40 times. Leverage falls to 20 times when notional value exceeds 150,000,000 USDC. From the official documentation and info response retrieved 25 August 2026.

    Source: Hyperliquid

Market observations Retrieved: 2026-09-27 22:04 UTC

24h volume Retrieved: 2026-09-27 22:04 UTC

Notional (USDC)
1,117,804,020.14
Contracts
13,207.285
Nominal / quantity
84,635.413672Notional ÷ contracts, using the values before rounding; rounded to six decimal places

Open interest (OI) Retrieved: 2026-09-27 22:04 UTC

Bars: OI nominal 3,149,843,970.70 USDC vs 24h turnover 1,117,804,020.14 USDC at the actual ratio, with 100% width = OI nominal 3,149,843,970.70 USDC.
Open interest (contracts)
37,308.933
Mark price
84426.0
Notional (contracts × mark price)
3,149,843,970.70Contracts × mark price, using the values before rounding; USDC, rounded to two decimal places

Funding rate Retrieved: 2026-09-27 22:04 UTC

Funding: Hourly 0.000009958 = 0.0009958% (shown as a percentage); ×24 (daily conversion) = 0.0238992%; ×24×365 (365-day conversion) = 8.723208% (simple multiplications, not accrued amounts). The marker in the diagram shows the sign only (this value is positive).

Hourly
0.000009958As a percentage: 0.0009958%
×24 (daily conversion)
0.0238992%
×24×365 (365-day conversion)
8.723208%

Hyperliquid field names and values before rounding: notional = dayNtlVlm 1117804020.1437721252 USDC; contracts = dayBaseVlm 13207.28489; open interest = openInterest 37308.93292 contracts; mark price = 84426.0; hourly funding rate = funding 0.000009958.

Daily observation log (67 saved daily records) Latest: 2026-10-17 22:04:59.595 UTC

Latest: 2026-10-17 22:04:59.595 UTC · Records with missing fields: 0/67 · Missing dates: 4

Show 67 saved daily records

Hyperliquid field names: Mid price = midPx; Previous-day reference = prevDayPx; Open interest = openInterest; 24h notional volume (USDC) = dayNtlVlm. vs previous-day reference = midPx / prevDayPx - 1.

Scroll horizontally to see all columns.

Observed at (UTC) Mid price Previous-day reference vs previous-day reference Open interest 24h notional volume (USDC)
64991.5 64893.0 +0.15% 34600.11354 393647039.5567099452
65219.5 64961.0 +0.40% 34534.70332 496806103.8591700196
63946.5 65380.0 -2.19% 39037.26554 1747983572.6924905777
63705.5 64031.0 -0.51% 39395.01826 1221504930.7562203407
63462.5 63706.0 -0.38% 40511.55526 1689529617.0394694805
63554.5 63483.0 +0.11% 40146.30348 1820540409.0504994392
62932.5 63611.0 -1.07% 43512.52952 1253886536.6454200745
63133.5 62826.0 +0.49% 44207.6804 342555590.2918400168
64335.5 62897.0 +2.29% 42901.45492 2077391192.3435900211
64550.5 64273.0 +0.43% 41318.05928 1358845452.5500702858
69500.5 64549.0 +7.67% 34371.26962 5413440133.0909700394
72462.5 69284.0 +4.59% 35659.93196 4717913406.745798111
78420.5 72579.0 +8.05% 33875.13958 7717774424.88975811
77011.5 78789.0 -2.26% 36470.7041 3257188182.582901001
77750.5 77161.0 +0.76% 37380.5373 2386911959.6967401505
78899.5 77754.0 +1.47% 38589.62836 4988415533.2798585892
78691.5 78868.0 -0.22% 35409.96824 5317304963.0755996704
78856.5 78908.0 -0.07% 37901.17426 3334231802.0978598595
80238.5 78788.0 +1.84% 37043.06436 3747547321.410200119
77349.5 80214.0 -3.57% 37866.84694 4577206365.752571106
78163.5 77430.0 +0.95% 37673.2323 1149622095.714029789
78733.5 78116.0 +0.79% 37295.16514 1344319463.683139801
78906.5 78559.0 +0.44% 37641.58088 2896278230.7531900406
77269.5 78883.0 -2.05% 38308.06462 2866014712.0094199181
77140.5 77289.0 -0.19% 37829.08788 2713416362.7526202202
81517.5 77128.0 +5.69% 36038.82968 4421705060.5516614914
79626.5 81332.0 -2.10% 37046.95344 3320375005.8808407784
79840.5 79653.0 +0.24% 35402.33046 881195749.9053695202
79787.5 79873.0 -0.11% 34843.67356 696243113.1677305698
78031.5 78460.0 -0.55% 36918.2247 2858194501.1603131294
77127.5 78096.0 -1.24% 37168.82004 2497036266.38586092
77118.5 77121.0 0.00% 36212.7948200001 3789305517.9123015404
77235.5 77072.0 +0.21% 35787.07312 653617278.6121999025
78705.5 77288.0 +1.83% 35727.0113200001 2721959772.9489555359
75499.5 78725.0 -4.10% 36356.6521399999 5704598489.909368515
75727.5 75427.0 +0.40% 38277.905 3141755597.5651659966
76358.5 75935.0 +0.56% 35724.96606 1910729834.0603997707
81254.5 76379.0 +6.38% 42675.76814 3768632247.1857581139
81012.5 81260.0 -0.30% 42320.6351599999 1420325882.7654001713
80946.5 81119.0 -0.21% 42010.9354400001 1492424923.0485527515
86726.5 80965.0 +7.12% 43996.56288 5117875114.35592556
86255.5 86535.0 -0.32% 46396.32574 2747998320.5750908852
84342.5 86222.0 -2.18% 38879.2218199999 4197213481.8209204674
84341.5 84391.0 -0.06% 38802.36246 4000332716.9127168655
83823.5 84326.0 -0.60% 38268.00184 3053712984.7270207405
84199.5 83765.0 +0.52% 37000.28292 836946243.9485201836
84431.5 84125.0 +0.36% 37308.93292 1117804020.1437721252
83136.5 84644.0 -1.78% 34825.2815 2863086713.1676568985
83533.5 83179.0 +0.43% 35494.12408 2145177496.368016243
83697.5 83465.0 +0.28% 35523.96238 2876320290.0211453438
84666.5 83749.0 +1.10% 34639.30508 2182277065.6467766762
84433.5 84501.0 -0.08% 37297.00408 3532307298.660161972
84719.5 84474.0 +0.29% 36957.81618 511733468.1070505381
86191.5 84677.0 +1.79% 37894.75776 808145888.7260773182
85977.5 85836.0 +0.16% 39238.03204 2769215113.578166008
85626.5 85935.0 -0.36% 41618.0346200001 1773029400.4030263424
83161.5 85611.0 -2.86% 39866.27028 2863896043.6694483757
81673.5 83132.0 -1.75% 39953.0875 3617969286.8448610306
82400.5 81666.0 +0.90% 38297.94818 1915341947.4016900063
83009.5 82502.0 +0.62% 38481.0944400001 799348617.4105504751
83542.5 83003.0 +0.65% 37658.03146 1191209538.4765315056
82573.5 83484.0 -1.09% 38622.05116 2200013459.1958017349
83386.5 82536.0 +1.03% 38575.11326 3053895110.3895597458
81757.5 83510.0 -2.10% 40576.061 2942845930.7051210403
82539.5 81758.0 +0.96% 41530.5873 4409136851.7734251022
81727.5 82407.0 -0.82% 41199.40112 2883135780.5629553795
81167.5 81646.0 -0.59% 41401.1701 755339104.3743402958

Dates without a saved record in the displayed period: 2026-08-16, 2026-09-07, 2026-09-08, 2026-09-13.

Period range (67 records with a mid price)

Period range over 67 daily log rows: first mid price 64991.5; last mid price 81167.5; highest mid price in the period 86726.5; lowest mid price in the period 62932.5.

First mid price2026-08-08 22:05:00.098 UTC
64991.5
Last mid price2026-10-17 22:04:59.595 UTC
81167.5
Highest mid price in the period2026-09-21 22:04:45.887 UTC
86726.5
Lowest mid price in the period2026-08-14 22:05:01.473 UTC
62932.5

Market hours

Market hours
Trading hours Treated as a 24-hour market.
Note The displayed price is a Hyperliquid perpetual-futures reference.
Check It can differ from cash prices and prices on other venues.

Other symbols in this group

Related articles

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Frequently asked questions

Is this a spot price?

No. It is a reference value for a perpetual futures contract handled on Hyperliquid’s main dex.

Why does it move 24 hours a day?

The underlying asset has no trading-session hours. Unlike equities and indices, it does not switch to an internal price.

Where do the supply figures come from?

The BTC figure is a constant in the implementation’s source code. The HYPE figure is from a timestamped API response, and its time is stated in the text.

Why does the contract come from a different source than the other symbols?

Cryptoasset contracts are handled on the main dex, a different venue from contracts for equities, indices, and commodities.