button
比特幣收益應用
表现
RD 熱度指數
RD 增長指數
比較
跟隨更新
跟隨列表
人物
關於button
button is a bitcoin prime broker built on Hyperliquid. Users deposit BTC into a vault and mint uBTC, which serves as margin or collateral for trading perpetuals and spot on Hyperliquid or is allocated to strategy modules called Tailors. It targets bitcoin holders who want yield but will not move coins: bridges and wrapped assets add custody and contract risk, and centralized lending requires handing the asset to a platform. button records shares through vault tokens, checks collateral continuously, and relies on Hyperliquid's matching and risk engine for liquidation.
Clients are large BTC holders, market makers and companies holding bitcoin as a reserve asset, and the product puts borrowing, trading and yield into one account view. Compared with designs built on bitcoin timestamping and restaking, button leaves mainnet usage untouched and routes liquidity into an existing derivatives venue, with accounts denominated in BTC and repayment and withdrawal handled in the same interface. The system is tied closely to Hyperliquid, whose fee changes, outages and rule adjustments feed straight into borrowing cost and liquidation.
2025年12月,Button完成由Blockchain Capital領投的510萬美元種子輪融資,Coinbase、Auros、FalconX等參投,定位為基於Hyperliquid的比特幣主要經紀商,旨在將BTC轉變為可產生收益、可借貸的鏈上抵押品。 2026年4月,Button的Vault正式上線,推出基於鏈上BTC抵押的信貸與策略執行功能,並進入封閉測試階段;團隊此前已建立風險與抵押品標準。這些里程碑標誌著其從融資轉向實際產品運營,推動比特幣從被動持有邁向主動收益生成。
In 2026 button positioned itself as a discretionary perpetual futures interface that routes orders straight into Hyperliquid's fully onchain order book and into trade.xyz for real-world asset perps. The tradable universe exceeds 210 markets spanning crypto, equity indices, single names, commodities and FX, including the S&P 500, Nvidia, gold and euro-dollar, all margined in USDC and settled onchain.
button's interface adds no platform markup, so users pay only Hyperliquid's maker and taker fees. Liquidation is enforced by the underlying engine against maintenance margin, with live liquidation prices shown before a position is opened. Everything is self-custodial with no account or identity check and no custodian holding collateral, and funding is charged hourly and displayed up front. In May the team was hiring a founding backend engineer to handle Hyperliquid's 70 millisecond blocks and roughly 100GB of L4 order book data per day.
button's next steps are unified collateral, portable margin and idle balances that earn by default, with agentic trading workflows built into the account layer so users can act through strategies rather than order by order.
- soby (Twitter: @soby0x) – 共同創始人。曾創立 XAI,擔任 Myna 顧問、Arbitrum 代表。 2. atifkhan31 (Twitter: @atifkhan31) – 共同創始人。背景包括在 thirdweb 和 Stardust 主導市場推廣與營運,以及於 Facebook 任職 8 年。 3. Salman Ahmed (Twitter: @0xsallu, LinkedIn: /salmanbahmed) – 共同創始人兼技術長。先前在 LinkedIn、Truework 及 Rainbow 擔任工程領導職務。