Markets

SOL/BTC

Wrapped SOL relative to Coinbase Wrapped BTC

SOL−0.97%BTC leads · 24h−0.71%BTC
Relative performance · indexed to 100
88.19−11.81%1M
Ratio 0.001267 · BTC per SOL
SOL83.54BTC94.73
Base
SOL
Wrapped SOL
Crypto
Mint
So11…1112
Decimals
9
Quote
BTC
Coinbase Wrapped BTCcbBTC
Crypto
Mint
cbbt…iMij
Decimals
8
What this market measures

Tracks SOL performance relative to BTC.

The chart shows relative performance indexed to 100 at the start of the range. This is not the price of an Otus token and not the price of either asset - it is how SOL has done against BTC, which can rise even when both are falling.

The majors against each other, the oldest relative trade in crypto.

Why a ratio, not two perps
One position, one liquidation level
A long-SOL short-BTC pair built from two perps can be liquidated on a market-wide wick: the long leg blows up before the short leg pays out, even when the view was right. A ratio position only cares whether SOL outperforms; its liquidation level is a ratio level.
Balanced by construction
Two legs drift out of balance and need constant rebalancing. A ratio position cannot drift. It is the relationship itself.
One margin, one fee
Two legs cost double margin, double fees and double funding. One position halves all three.
Pairs that exist nowhere else
Many pairs cannot be assembled from existing perps at all, because one side has no perp market. Tokenized equities and long-tail Solana assets first among them.
Identifier
sol-btc
Listed
Sep 22, 2026
Creator
Unattributed
Trade

SOL outperforms BTC.

Leverage10×
MarginUSDCUSDC
Entry ratio
0.001267
Liquidation ratio
0.001140(−10.0%)
Position size
USDC1,000.00

Margin settles to the Otus vault through a Jupiter swap from your wallet. Positions are marked against live ratios.