BTCD

Cross Margin

BTCD perpetual listed by Paragon.

Trade BTCD↗

Price

$59.86050

oracle $59.92184

24h Volume

$94.6K

notional

Open Interest

$539.5K

notional

Funding

-0.0037%

1h interval

Max Leverage

20x

Collateral

USDC

Margin Mode

Cross available

Taker Fee

0.0900%

Maker Fee

0.0300%

Default Hyperliquid fee schedule shown; connect or watch an address for account-adjusted fees.

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About BTCD

Bitcoin dominance index — BTC's share of total crypto market capitalization as a tradeable metric.

Indices

BTC.D measures Bitcoin's proportional share of the total cryptocurrency market capitalization, expressed as a percentage. The index is calculated by dividing Bitcoin's market cap by the aggregate market cap of the top 125 crypto assets, with constituent weights updated daily. On Paragon (HIP-3), the BTC.D perpetual is priced via Pyth Network oracle feeds with sub-second updates, falling back to a weighted median across eight exchanges (Binance, OKX, Bybit, Kraken, Kucoin, Gate IO, MEXC, and Hyperliquid) when Pyth is unavailable. The index trades 24/7/365 and is used by traders to gauge Bitcoin's relative strength against altcoins — a rising BTC.D suggests capital rotation into Bitcoin, while a falling BTC.D signals altcoin season and risk-on behavior within the crypto market.

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Price Action

BTCD perpetual on Paragon