The Button is Yours to Push
Research, thesis, and updates from the Button team. Join the early cohort. Shape the standard.
All Posts
37 entriesThe archive below covers everything we’ve published — newest first. Posts range from short product and company updates to longer research pieces on Bitcoin, Hyperliquid, and the perpetual futures market structure that sits underneath Button’s product surface.
Best Perpetual Futures Exchanges (2026)
Ranked comparison of the best perpetual futures exchanges — fees, depth, funding rates, custody, and which traders each one serves.
Read post →Perp Trading Strategies That Actually Work
Proven perpetual futures strategies — directional, carry, pairs, and event-driven approaches with sizing rules and risk frameworks.
Read post →Hyperliquid Funding Rates: Data and Guide
Live Hyperliquid funding rate data — how rates compare to CEXs, why they run hotter, and how traders capture the spread.
Read post →Perps vs Futures: Which Should You Trade?
Perpetual futures vs dated futures — how they differ in mechanics, cost, and when to use each for crypto trading.
Read post →SOL Perp: Solana Perpetual Futures Guide
How to trade SOL perps — funding rates, leverage sizing, venue comparison, and strategies for Solana perpetual futures.
Read post →Isolated vs Cross Margin for Perp Traders
Isolated vs cross margin explained — how each mode affects liquidation, risk, and capital efficiency for perpetual futures trading.
Read post →Hyperliquid Trading Bot: Automate Perps
How to run a trading bot on Hyperliquid — API setup, strategy types, fee optimization, and why the venue is built for automation.
Read post →Liquidation Calculator for Crypto Perps
Calculate your liquidation price for perpetual futures. Understand margin, leverage, and how far price can move before your position gets liquidated.
Read post →Crypto Funding Rates: Live Data and Guide
How crypto funding rates work across exchanges, what drives them, and how traders use funding data to find edge in perp markets.
Read post →ETH Perp: Ethereum Perpetual Futures Guide
How to trade ETH perps — funding rates, leverage, venue comparison, and strategies for Ethereum perpetual futures.
Read post →Crypto Perps: How Perpetual Futures Work
How crypto perps work — funding rates, leverage, liquidation, and why perpetual futures dominate derivatives volume.
Read post →What Is Hyperliquid? The DEX Explained
What Hyperliquid is, how the decentralized perp exchange works, and what makes it different from centralized alternatives.
Read post →AI Crypto Trading Bots: What Works in 2026
Comparing AI crypto trading bots — what they actually do, where they fail, and how agentic AI changes the game for perp traders.
Read post →Hyperliquid: The On-Chain Perp Exchange
What Hyperliquid is, how it works, and why active perp traders are moving volume to the on-chain exchange.
Read post →Perps Trading: The Active Trader's Playbook
How active traders approach perps — from reading funding to sizing positions to choosing venues. A framework, not a tutorial.
Read post →Hyperliquid Review 2026: Pros, Cons, and Real Numbers
An honest Hyperliquid review for active perp traders — fees, depth, funding, API quality, and what the exchange gets wrong.
Read post →BTC Perp: How to Trade Bitcoin Perpetual Futures
Everything you need to trade the BTC perp — funding rates, liquidity, venue comparison, and execution tips for active traders.
Read post →What Are Perps? Perpetual Futures Explained
Perpetual futures explained: what perps are, how they differ from spot trading, and why they dominate crypto derivatives volume.
Read post →Funding Rates Explained: Perp Trader's Edge
How crypto funding rates work and how active traders use them to generate alpha on perpetual futures.
Read post →How to Trade Perps: A Beginner's Step-by-Step Guide
A practical step-by-step guide to trading crypto perpetual futures — from choosing a venue to placing your first position.
Read post →AI Trading Agents: What They Are and How to Deploy One
What AI agents do in trading, how they differ from bots, and how to deploy one on Hyperliquid perps.
Read post →Funding Rate Arbitrage: Capture Perp Funding at Scale
A step-by-step funding rate arbitrage playbook for crypto perps — the math, the execution, and how to automate the capture on Hyperliquid.
Read post →Crypto Trading Bots: What Actually Works in 2026
An honest breakdown of crypto trading bots — what works, what doesn't, and where AI agents fit in the landscape.
Read post →Perpetual Futures: A Complete Guide for Crypto Traders
What perpetual futures are, how funding rates keep them tethered to spot, and why perps dominate crypto derivatives volume. Written for active traders.
Read post →Hyperliquid Perps: The Pro Trader's Guide (2026)
A pro trader's guide to Hyperliquid perps — fees, funding, depth, strategies, and the API. Honest take, no airdrop hype.
Read post →Hyperliquid vs dYdX: Which On-Chain Perps Venue Actually Wins?
A head-to-head comparison of Hyperliquid and dYdX for pro traders — fees, depth, funding, listings, and the API story.
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From Fringe to Finance: Bitcoin's Transition into a Mainstream Investment Vehicle, Part II
A deeper dive into the data around Bitcoin's transformation into a mainstream asset.
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From Fringe to Finance: Bitcoin's Transition into a Mainstream Investment Vehicle, Part I
The opinion of Bitcoin in the mainstream is changing and we're approaching an inflection point.
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Tailoring HyperCore and HyperEVM
Technical details on how Button Vaults utilize HyperCore and HyperEVM to earn yield.
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Announcing our seed round
We're excited to announce our $5.1M seed round for Button — Bitcoin's prime broker on Hyperliquid, building credit, yield, and trading.
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Regime Detection for Basis Trading: A Complete Guide
How to implement regime detection strategies for basis trading — market regimes, Hidden Markov Models, Jump Models, and ensemble approaches.
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Leaving the Machine: My Journey from Hedge Fund Quant to Crypto Builder
From hedge fund quant to crypto builder — moving from the predictable machine to a problem worth solving in onchain perpetual futures.
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Liquidity Explains Everything
Next-gen crypto analytics will come from robust statistical methods, liquidity intelligence, and cross-asset regime modeling — not surface indicators.
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The Mandate of Heaven
The mandate is clear: turn idle BTC productive without compromising on decentralized principles.
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Bitcoin the Asset vs. Bitcoin the Blockchain
There is Bitcoin the asset. Then there is Bitcoin, the blockchain. The distinction matters.
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Phishing Attack Follow Up
Our X account was briefly compromised early last week in a phishing attack though we quickly regained control.
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Why We're Building Button
Bitcoin is one of the few assets that's going to keep appreciating long-term — the real opportunity isn't just to hold it, it's to make it productive.
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Want to start trading the markets we write about? The Button market list is the fastest entry point — 210+ perpetual futures on Hyperliquid and trade.xyz, USDC-margined, settled on-chain, no custodian, no KYC at the protocol layer. Major crypto markets like BTC, ETH, and SOL trade 24/7; real-world asset perps like the S&P 500, NVDA, and gold trade through their standard sessions with reduce-only mode outside.
A few suggested starting points if you are new to the blog and not sure where to begin. The founder note on why we are building Button is the shortest path to understanding the company’s thesis. The Hyperliquid vs dYdX comparison and Tailoring HyperCore and HyperEVM are the two pieces most engineers and serious traders ask us about. The two-part Bitcoin transition research is the longest single thread we have published, and the best place to read what we actually believe about BTC over a ten-year horizon. The rest of the archive is below.
For readers who came in from search and want a sense of what the catalog actually looks like, the breadth runs roughly as follows. Long-form research includes the two-part Bitcoin transition series, a deep look at why liquidity explains everything about on-chain venues, and the writing on tailoring HyperCore and HyperEVM that engineers and serious traders reference most often. Practical guides cover perpetual futures from scratch, liquidation math worked out with examples, the mechanics of funding rates and basis, and head-to-head reviews of the venues a perp trader actually has to choose between. Company posts include funding announcements, founder writing on why we are building this in the first place, and shorter operational updates from the team. Security posts cover phishing follow-ups and the practical hygiene that keeps self-custodial accounts intact. The full chronological list begins below, with the most recently published piece at the top and the oldest at the bottom. Reading order is up to you — most pieces stand alone and link out to the related background where it matters.
The blog is updated regularly but not on a fixed cadence — pieces ship when they are ready rather than to a publication schedule. The RSS feed is the cleanest way to subscribe; shorter updates and team announcements go on @buttonxyz and LinkedIn. Press enquiries and partnership questions are best routed through X DMs.