Live Hyperliquid Oracle / Testnet v1.0

Bilateral derivative swaps with bounded exposure.

Verslan BUBE — Bullish or Bearish Execution — pre-funded, cash-settled directional swaps on Hyperliquid. No funding rates, no leverage cascades, risk capped at margin posted.

Launch Testnet →Sign in
Mainnet · Q3–Q4 2026-27
USD spot · live Hyperliquid oracle
BTC-USD
Hyperliquid mid
ETH-USD
Hyperliquid mid
SOL-USD
Hyperliquid mid
HYPE-USD
Hyperliquid mid
Cross pairs · BUBE multi swaps
BTC-ETHsynthetic
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BTC-HYPEsynthetic
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ETH-SOLsynthetic
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ETH-HYPEsynthetic
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SOL-HYPEsynthetic
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BTC-SOLsynthetic
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Protocol Design

Pre-funded. Time-bound. Deterministic.

Every swap is a sealed bilateral contract between a bull and a bear, written against a live Hyperliquid oracle reference price.

01

2% minimum margin

Default 50x leverage with deterministic margin framework. Margin requirement adjustable by protocol policy.

02

Tenors from 15m to 1yr

Eight standard durations: 15m, 30m, 1h, 12h, 24h, 15 days, 1 month, 1 year. Cash-settled at expiry.

03

PnL capped at margin

Loser's payout caps the winner's PnL. Each swap is self-contained — no rehypothecation, no cascading liquidations.

04

Long-vs-Short or Cross-Asset

Trade directional views on any Hyperliquid asset, or against another asset (BTC/ETH ratio, etc.).

05

Hyperliquid oracle

Entry and exit prices read from Hyperliquid's mainnet WebSocket allMids feed for 230+ markets.

06

Auto-matched liquidity

Counterparty bots provide instant matches on testnet so you can trade solo without waiting.

Supported markets
233
Hyperliquid perp universe
Default leverage
50×
Margin = 2% of notional
Settlement fee
0.10%
10 bps on notional
Mid prices streaming
live WebSocket subscriptions
Flow

From quote to cash settlement.

Step 01

Deposit

Receive 1,000,000 mock USDC and a generated wallet address on registration.

Step 02

Quote

Pick a market, side, notional, margin and tenor. Counterparty bot fills instantly.

Step 03

Hold

Add variable margin if needed. Live mark-to-market against Hyperliquid oracle.

Step 04

Settle

At expiry the protocol reads the exit oracle price and pays out the capped PnL.

Open the terminal.

Create an account, get faucet USDC, and start trading bounded-exposure swaps in seconds.

Launch Testnet →