Unit Bitcoin(UBTC)

Token Price$78,190+1.16%over 24h

All Time HighOct 6, 2025$126,087

All Time LowJul 1, 2026$58,041

Key Metrics

Market Cap$41.51m

Fully Diluted Valuation$41.51m

Circ. Supply530.55 UBTC

Max Supply21m UBTC

Volume 24h$57.03m

CEX Volume$0

DEX Volume$56.92m

Website X/Twitter

Risks

How much debt can be issued against UBTC as collateral across lending protocols.

Maximum possible exposure to UBTC

$4.04m

$2.02m (max additional borrows against UBTC) + $2.02m (bad debt if UBTC was hacked now)

HyperLend Pooled

$1.83m at-risk exposure = — bad debt if hacked + $1.83m additional borrowable against UBTC

Morpho V1

$2.21m at-risk exposure = $2.02m bad debt if hacked + $190,062 additional borrowable against UBTC

Methodology and limitations

Showing collateral exposure for UBTC on Hyperliquid L1. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.

Show exposure details

Each row is one protocol-chain exposure for UBTC as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
HyperLend Pooled	Hyperliquid L1	UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463	$1.83m	—
Morpho V1	Hyperliquid L1	UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463	$190,062	$2.02m

Loading exposure details...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Showing 10 of 25 pools

Pool	Reference	Protocol
1 UBTC	UBTC	Hyperliquid Earn	$193.15m	—	0.00%	—	Stable 100	—
2 hHyperEvmUBTCHyperLend HyperEVM UBTC	UBTC	HyperLend Pooled	$11.52m	+$422,366	0.19%	—	Stable 92	1,974
3 WHYPE-UBTC0.3%	WHYPE-UBTC	Project X🪂	$6.59m	—	14.61%	—	Mixed 55	0
4 WHYPE-UBTC0.237%	WHYPE-UBTC	nest CL	$3.71m	—	38.29%+38.29%	—	Stable 80	0
5 WHYPE-UBTC0.3%	WHYPE-UBTC	HyperSwap V3	$2.98m	—	19.67%	—	Mixed 54	0
6 hXXIHyperliquidTwentyOne	UBTC	D2 Finance🪂	$1.67m	—	21.92%	—	Stable 100	166
7 hbBTCHyperbeat Ultra uBTC	UBTC	Upshift🪂	$629,713	—	<0.01%	—	Mixed 42	1,027
8 UBTC-UETHCL 0.07%	UBTC-UETH	Ramses CL V2	$551,095	—	51.94%22.36%+29.58%	—	Stable 72	0
9 UBTC-UETH0.1516%	UBTC-UETH	nest CL	$466,150	—	26.43%+26.43%	—	Stable 78	0
10 UBTC-USDC0.153%	UBTC-USDC	nest CL	$456,104	—	33.40%+33.40%	—	Stable 90	0

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Borrow

Showing 10 of 12 routes

Use UBTCBorrow UBTC

Collateral / Borrow	Protocol
1 UBTC / kHYPE	HyperLend Pooled	+0.19%	0.19%	<0.01%	$39,696	59%
2 UBTC / wstHYPE	HyperLend Pooled	+0.18%	0.19%	0.02%	$169,352	59%
3 UBTC / beHYPE	HyperLend Pooled	+0.17%	0.19%	0.02%	$53,636	59%
4 UBTC / WHYPE	HyperLend Pooled	-1.03%	0.19%	1.22%	$30.65m	59%
5 UBTC / UETH	HyperLend Pooled	-4.59%	0.19%	4.78%	$865,829	59%
6 UBTC / USOL	HyperLend Pooled	-5.94%	0.19%	6.13%	$187,064	59%
7 UBTC / USDC	Morpho Blue	-6.23%	0.00%	6.23%	$49,395	77%
8 UBTC / USDC	HyperLend Pooled	-6.54%	0.19%	6.73%	$3.72m	59%
9 UBTC / USD₮0	Morpho Blue	-8.84%	0.00%	8.84%	$11,891	86%
10 UBTC / USDe	HyperLend Pooled	-8.85%	0.19%	9.04%	$54,854	59%

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Protocol	Chain
HyperLend Pooled	Hyperliquid L1	UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463	$1.83m	—
Morpho V1	Hyperliquid L1	UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463	$190,062	$2.02m

Pool	Reference	Protocol
1 UBTC	UBTC	Hyperliquid Earn	$193.15m	—	0.00%	—	Stable 100	—
2 hHyperEvmUBTCHyperLend HyperEVM UBTC	UBTC	HyperLend Pooled	$11.52m	+$422,366	0.19%	—	Stable 92	1,974
3 WHYPE-UBTC0.3%	WHYPE-UBTC	Project X🪂	$6.59m	—	14.61%	—	Mixed 55	0
4 WHYPE-UBTC0.237%	WHYPE-UBTC	nest CL	$3.71m	—	38.29%+38.29%	—	Stable 80	0
5 WHYPE-UBTC0.3%	WHYPE-UBTC	HyperSwap V3	$2.98m	—	19.67%	—	Mixed 54	0
6 hXXIHyperliquidTwentyOne	UBTC	D2 Finance🪂	$1.67m	—	21.92%	—	Stable 100	166
7 hbBTCHyperbeat Ultra uBTC	UBTC	Upshift🪂	$629,713	—	<0.01%	—	Mixed 42	1,027
8 UBTC-UETHCL 0.07%	UBTC-UETH	Ramses CL V2	$551,095	—	51.94%22.36%+29.58%	—	Stable 72	0
9 UBTC-UETH0.1516%	UBTC-UETH	nest CL	$466,150	—	26.43%+26.43%	—	Stable 78	0
10 UBTC-USDC0.153%	UBTC-USDC	nest CL	$456,104	—	33.40%+33.40%	—	Stable 90	0

Collateral / Borrow	Protocol
1 UBTC / kHYPE	HyperLend Pooled	+0.19%	0.19%	<0.01%	$39,696	59%
2 UBTC / wstHYPE	HyperLend Pooled	+0.18%	0.19%	0.02%	$169,352	59%
3 UBTC / beHYPE	HyperLend Pooled	+0.17%	0.19%	0.02%	$53,636	59%
4 UBTC / WHYPE	HyperLend Pooled	-1.03%	0.19%	1.22%	$30.65m	59%
5 UBTC / UETH	HyperLend Pooled	-4.59%	0.19%	4.78%	$865,829	59%
6 UBTC / USOL	HyperLend Pooled	-5.94%	0.19%	6.13%	$187,064	59%
7 UBTC / USDC	Morpho Blue	-6.23%	0.00%	6.23%	$49,395	77%
8 UBTC / USDC	HyperLend Pooled	-6.54%	0.19%	6.73%	$3.72m	59%
9 UBTC / USD₮0	Morpho Blue	-8.84%	0.00%	8.84%	$11,891	86%
10 UBTC / USDe	HyperLend Pooled	-8.85%	0.19%	9.04%	$54,854	59%

Overview