Hourly
- Expiry
- Every hour · UTC
- Strikes
- One strike
- Settlement source
- BTC perp trades · final 90s
Bitcoin prediction markets on Skew
Bitcoin (BTC)
Underlying reference price
$75,960
↗ +0.01%1-day change
Hyperliquid BTC perp mark price (reference only) · Refreshes about once a minute. This is neither an outcome share price nor a contract settlement value.
Bitcoin reference price history
Nov 1 · UTCNov 8 · UTC
Low 75,594High 80,510USD · reference feed
Chart shows the reference feed, not any outcome share. Trading-session gaps are preserved. Data source
Market details
Bitcoin market formats
Published formats for this market family. Current strikes, expiries, and share prices are in the Skew app.
4-hour
- Expiry
- Every 4 hours · UTC
- Strikes
- Three · $250 spacing
- Settlement source
- BTC perp trades · final 90s
Daily
- Expiry
- 08:00 UTC · daily
- Strikes
- Five · $500 spacing
- Settlement source
- BTC perp trades · final 90s
Weekly
- Expiry
- 08:00 UTC · Mon & Fri
- Strikes
- Seven · $1,000 spacing
- Settlement source
- Pyth BTC/USD · final 90s
- Winning condition
- Strictly above the strike; equality pays No
- Standard payout
- 1 USDC to the winning side, 0 to the other
More on settlement and schedules
Hourly: one market expires every hour on the hour. The strike is set at mint from the volume-weighted average of BTC perp trades over the trailing 90 seconds; the final 90 seconds of trades determine settlement.
4-hour: three strikes, currently $250 apart, expire at 00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 UTC. The final 90 seconds of perp trades determine settlement.
Daily: five strikes, currently $500 apart, expire together at 08:00 UTC. The final 90 seconds of perp trades determine settlement.
Weekly: seven strikes, currently $1,000 apart, expire Monday and Friday at 08:00 UTC. These settle from a 90-second Pyth BTC/USD observation, not the Hyperliquid perp mark shown in this chart.
Insufficient observations can lead to a 0.5 resolution under the listed rules. Read the exact terms before trading.
About Bitcoin outcomes
Bitcoin is a digital asset whose price changes continuously across trading venues. Skew lists outcome contracts that let eligible traders express a view about Bitcoin's price at a specified expiry. A listed contract has its own strike, observation window, price source, and settlement rules. Buying a Yes or No outcome share does not buy Bitcoin or give you ownership of it. The underlying price shown here is a reference quote; it is different from the price of an outcome share, which reflects the market for that particular condition. Before placing an order, read the exact market rules and the current prices in the Skew app. An earlier move through a strike does not determine an expiry-based result. Outcomes can lose their full purchase cost.
How to trade Bitcoin on Skew
- 01
Open the live market
See which contracts and expiries are currently listed in the Skew app.
- 02
Choose a strike and expiry
Match the listed price condition and observation time to your view.
- 03
Choose Yes or No
Choose Yes if you expect the condition to be met, or No if you expect it not to be met.
- 04
Review payout and risk
Read the price source and settlement terms. Compare the share price, payout, fees, and maximum loss.
- 05
Place and monitor the order
If eligible and satisfied with the details, submit your order. An early exit depends on liquidity.
Frequently asked questions
What can I trade in the Bitcoin market on Skew?
Skew lists outcome contracts about Bitcoin-related prices. Each contract has a specific condition, strike, and expiry. An outcome share is not ownership of the underlying asset or index.
Is the Bitcoin reference price the price of an outcome share?
No. The reference chart shows Hyperliquid BTC perp mark price (reference only). A Yes or No share has its own price in the Skew app for a particular listed condition.
How does a Bitcoin outcome settle?
The exact listed contract's rules determine the price source, observation window, boundary treatment, and any exceptional settlement. Read those rules before trading; an earlier touch of a strike may not decide an expiry-based outcome.
What can I lose on a fully paid outcome share?
A losing share can lose its entire purchase cost and applicable trading costs. In ordinary binary settlement, a winning share redeems for 1 USDC and a losing share for 0 USDC; special or void rules can differ.
Can I exit before the outcome expires?
You may be able to sell before expiry when a matching order and sufficient liquidity are available. An early exit price or execution is not guaranteed.