Overview
Unit Bitcoin(UBTC)
Token Price$64,416
24h Change+3.99%
All Time HighOct 6, 2025$126,087
All Time LowJun 25, 2026$58,003
Key Metrics
Market Cap$210.82m
Fully Diluted Valuation$1.353t
Circ. Supply3,273 UBTC
Max Supply21m UBTC
Volume 24h$31.14m
CEX Volume$0
DEX Volume$31.97m
Risks
How much debt can be issued against UBTC as collateral across lending protocols.
Maximum possible exposure to UBTC
$3.8m
$1.81m (max additional borrows against UBTC) + $1.99m (bad debt if UBTC was hacked now)
HyperLend Pooled
$1.55m at-risk exposure = -- bad debt if hacked + $1.55m additional borrowable against UBTC
Morpho V1
$2.25m at-risk exposure = $1.99m bad debt if hacked + $262,909 additional borrowable against UBTC
Methodology and limitations
Showing collateral exposure for UBTC on Hyperliquid L1. Max Borrowableuses 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 | |||
|---|---|---|---|---|
UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463 | $1.55m | — | ||
UBTC0x9fdbda0a5e284c32744d2f17ee5c74b284993463 | $262,909 | $1.99m |
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 28 pools

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWHYPE-UBTC0.3% | 🪂 | $5.91m | 22.08% | 22.08% | 23.79% | ||||
| open in new tabWHYPE-UBTC0.2% | $1.72m | 70.52% | 70.52% | 80.94% | |||||
| open in new tabUBTC-UETHCL 0.12% | $292,612 | 148% | 34.85% | 114% | 47.36% | ||||
| open in new tabUBTC-USDC0.3% | 🪂 | $220,848 | 22.29% | 22.29% | 21.24% | ||||
| open in new tabUBTC-KHYPE0.3% | 🪂 | $183,482 | 24.82% | 24.82% | 34.02% | ||||
| open in new tabUBTC-UETH0.15% | $154,079 | 28.24% | 28.24% | 26.33% | |||||
| open in new tabUBTC-USDC0.15% | $143,144 | 29.27% | 29.27% | 45.92% | |||||
| open in new tabUBTC-USDCCL 0.16% | $65,180 | 246% | 0% | 246% | 176% | ||||
| open in new tabWHYPE-UBTCDynamic-fee CL | $52,335 | 48.51% | 0% | 48.51% | 89.34% | ||||
| open in new tabWHYPE-UBTCCL 0.17% | $33,968 | 283% | 0% | 283% | 389% |
Borrow
Showing 10 of 60 routes

Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUBTC ➞ KHYPE | 🪂 | $270.24m | 0.19% | 0.19% | 0% | 60% | $213,403 | $45,964 | |
| open in new tabUBTC ➞ KHYPE | $270.24m | 0.12% | 0.12% | 0% | 59% | $10.59m | $1.72m | ||
| open in new tabUBTC ➞ WSTHYPE | 🪂 | $80.48m | 0.18% | 0.19% | -0.01% | 60% | $213,403 | $45,964 | |
| open in new tabUBTC ➞ WSTHYPE | $80.48m | 0.12% | 0.12% | -0.01% | 59% | $10.59m | $1.72m | ||
| open in new tabUBTC ➞ ENZOBTC | 🪂 | $17.45m | 0.19% | 0.19% | 0% | 60% | $213,403 | $45,964 | |
| open in new tabUBTC ➞ ENZOBTC | $17.45m | 0.12% | 0.12% | 0% | 59% | $10.59m | $1.72m | ||
| open in new tabUBTC ➞ M-BTC | 🪂 | $2.91m | 0.19% | 0.19% | 0% | 60% | $213,403 | $45,964 | |
| open in new tabUBTC ➞ M-BTC | $2.91m | 0.12% | 0.12% | 0% | 59% | $10.59m | $1.72m | ||
| open in new tabUBTC ➞ BEHYPE | 🪂 | $2.64m | 0.17% | 0.19% | -0.03% | 60% | $213,403 | $45,964 | |
| open in new tabUBTC ➞ BEHYPE | $2.64m | 0.10% | 0.12% | -0.03% | 59% | $10.59m | $1.72m |
