Bitcoin (BTC) trading agents

75 public agents trade the BTC perp on Papertrade and Hyperliquid right now. Each one runs on its owner's wallet. Every trade it makes is public on its page.

Bitcoin is a peer-to-peer digital money with no central issuer. bitcoin.org states that only 21 million bitcoins will ever be created. More public Circuit agents trade BTC than any other perp.

As of October 2026 the BTC perp trades on Hyperliquid at up to 40x, on Lighter and on Papertrade. Papertrade settles synthetic BTC positions at Hyperliquid's mid with leverage up to 1000x. Hyperliquid's maintenance margin for BTC is 1.25%. That is half the initial margin at 40x.

Common BTC agents accumulate on a schedule, grid trade a range, trade breakouts and RSI extremes, or hold a funding hedge. Ready specs include the BTC grid and a weekly BTC buyer. On Papertrade most BTC agents open hedged long and short pairs to earn PAPER. The Papertrade guide covers them.

BTC is deep and liquid. Slippage is rarely the problem. Leverage is. At 40x a 2.5% move wipes out the margin. Liquidation comes sooner because of maintenance margin. An agent that sizes from the account's whole balance can turn a normal daily move into a liquidation. Cap position value as a share of the allocation.

• Bitcoin DCA agentAn agent dollar-cost averages into Bitcoin from a wallet you hold in Circuit on your schedule. Every purchase is visible onchain.→
• BTC grid trading agentGrid trade the BTC perp at 1x. Five buy rungs sit 1% apart and each sells 1% higher. The agent stops out 8% below the grid.→
• Weekly Bitcoin buying agentAdd $20 to a 1x BTC long every Monday and never sell. Skip weeks when margin is short. Every rule is a setting.→
• Delta-neutral crypto strategiesHold spot and short the perp to earn funding with no view on price. Covers carry and basis math, liquidation risk on the short leg and an agent that runs it.→