What is Unit?
Unit is the asset tokenization infrastructure powering Hyperliquid, a Layer 1 blockchain that features a native decentralized perpetual futures trading platform rapidly gaining momentum in the DeFi space. Unit enables the tokenization of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) into native assets (uBTC and uETH), making them tradable on Hyperliquid’s spot markets — offering lower fees and better spreads than many centralized exchanges.
Built directly on the Hyperliquid blockchain, Unit plays a critical role in enabling seamless on-chain trading and asset management. The infrastructure captures 50% of spot market fees, establishing a sustainable revenue model while supporting Hyperliquid’s explosive growth, with trading volume already surpassing $1 billion.