MKT 01 // BTC-PERP · up to 1000×
Synthetic perpetuals · house LP · priced by Hyperliquid's own book
Market:
Scar — perpetuals up to 1000× on Hyperliquid
LP $0 of $2M100 SCAR per $1 lost
01 / The desk
Pick a side. Pick a size.
Every trade is against the house, at Hyperliquid's own mid, read in the same block. Your margin is all you can lose.
Open positions
Connect a wallet to see your positions.
Leverage100×
1×100×1000×
- Position size
- $5,000.00
- Liquidation price
- —
- …which is a move of
- —
- A 1% move your way pays
- —
- SCAR per $1 lost
- —
02 / System index
One book. One house. One queue.
01
Price / Hyperliquid
Their book, in-block
Best bid and ask, read straight from Hyperliquid's order book through a HyperEVM precompile. You fill at the mid.
02
House / LP
Starts at zero
Nobody can deposit into the LP. Every dollar in it was lost by a trader.
03
Queue / FIFO
Winners may wait
Your margin comes back at once. Profit the LP cannot cover joins a public queue that future losses pay down.
04
Token / SCAR
Losses mint SCAR
100 SCAR per $1 lost while the LP is under $2M. Staked SCAR earns USDC from every loss.