Key Features

Native Bitcoin Integration

Hyper Illiquid operates directly on Bitcoin Layer 1 using the Runes protocol, enabling true decentralized trading without the need for wrapped assets or bridges.

Dual Liquidity Pools

• BTC Liquidity Pools: Trade Runes against Bitcoin on-chain.

• USDC Liquidity Pools on Hyperliquid: Trade Runes against USDC through Hyperliquid, leveraging fast execution and deep liquidity.

This dual setup provides capital efficiency and flexibility for users, while anchoring the ecosystem to Bitcoin’s security and Hyperliquid’s speed.

Fee Buyback Mechanism

Inspired by Hyperliquid's proven model, 97% of all trading fees on Hyper Illiquid will be used to buy back Runes tokens from the open market. This creates a constant demand loop and enhances long-term value for holders and liquidity providers.

Ecosystem Growth

The fee buyback program is designed to push the ecosystem forward by:

• Increasing scarcity and demand for Runes

• Incentivizing long-term holding

• Recycling value directly back into the protocol

Use Cases

• Traders: Swap Runes tokens with BTC or USDC in a trustless, fast, and capital-efficient manner.

• Liquidity Providers: Earn fees in BTC and USDC while supporting the Runes ecosystem.

• Builders: Integrate Hyper Illiquid’s pools and routing into dApps and wallets on Bitcoin and Hyperliquid.