ourglass
DOCS
The Smarter
Way to Earn in BTCfi
Our just-in-time, shared liquidity means better prices and higher yield.

CUMULATIVE TVL

Hourglass is built on Shared Liquidity, a set of vaults that route pooled assets to the markets that need them most. This leads to:

Boosted trade volume

Low-slippage executions for users

Compounding yields for LPs

Shared Liquidity unites fragmented on-chain liquidity, unlocking fixed yield, seamless spot trading, and low-cost leverage—just the first of many markets our vault will power.

FIXED YIELD

Principal Tokens (PTs) are fixed yield, fixed term assets. Buy them for a discount to face value and upon maturity, redeem your PTs at a 1:1 rate for the deposit token.

BOOSTED STAKING

Our ecosystem partners are offering exclusive incentives to Hourglass users. Stake into our time-boosted vaults to multiply your rewards. The longer you boost, the more you earn.

LEVERAGE POINTS

Similar to other yield stripping protocols, Hourglass allows you to exclusively purchase the Point Yield Tokens (PYTs), facilitating the highest point exposure for a fraction of the cost.

We've partnered with the best in BTCFi to offer products across all risk profiles, while maximizing your yield.


We've done this before.

Our team comes from the top companies in traditional finance, DeFi, and blockchain infrastructure-- and we're backed by the best in the business.

The Smarter Way to Earn