Ithora
Funding yield on your USDCNo custody
last 12 months on Hyperliquid, before costs
Funding yield on your USDCNo custody
last 12 months on Hyperliquid, before costs
How it works
Buy spot BTC and open an equal short together, so price direction is out of the trade from the first fill.
Margin, liquidation distance and funding flips are checked every minute. If BTC jumps, Ithora adds margin or stops earning by its rules, and you get told either way.
Every settlement lands in your account in USDC. Turn saving on and it is bought into BTC in small batches, kept apart from the position.
Funding is a market rate, not interest — it can turn negative, and the copilot shows that as plainly as the good weeks.
Non-custodial
Ithora is software over your own Hyperliquid account — not a pool, not a token, not a deposit. Everything it does is visible on the venue itself, and everything it cannot do is enforced by the key you grant.
Ithora runs your position with a key you approve. It can place orders and add margin to the short, nothing else; it cannot withdraw.
The key cannot move funds out — only your own signature can.
Revoke the key in one step; positions and funds stay in your account.