Crypto ratios

SOL/BTC ratio today

The SOL/BTC ratio is SOL's price divided by BTC's, from Hyperliquid perp prices, with its 30, 90 and 365-day change, RSI and 200-day average. Today's values are updating.

By Keel Research Team

The ratio data is updating. Check back in a few minutes.

Today’s values are being computed. The page fills in as soon as they are ready; the strategy links below work now.

How this ratio is calculated

Solana’s daily close divided by Bitcoin’s, both from Hyperliquid perpetual prices at the 00:00 UTC close, updated once a day after the close. The live value in the answer uses the last hourly close instead. The 50 and 200-day averages and the RSI(14) are computed on the ratio itself, not on either coin.

A perpetual trades a little above or below spot by its basis, which is small, so this ratio can differ slightly from an exchange’s SOLBTC spot pair.

Trade the ratio as a rotation

A momentum rule ranks coins by their recent return and holds the strongest, and the library version steps aside when its market trend filter turns down. Fork it and set its coins to SOL and BTC, and it becomes a rotation between the two: it tends to hold whichever has been stronger, or nothing. Backtest it on Hyperliquid history before you run it on paper: the link card at the top of this page opens the momentum backtest and the library strategy to fork.

Test a rotation between SOL and BTC

Start from the momentum backtest or fork the library strategy, set its coins to SOL and BTC, and run it on paper before any money moves.

FAQ

SOL/BTC ratio questions

What is the SOL/BTC ratio?

The price of one SOL in BTC: SOL's daily close divided by BTC's. It rises when SOL outperforms BTC and falls when BTC outperforms SOL, whatever the dollar price of either does.

Is SOL outperforming BTC?

When the SOL/BTC ratio rises, SOL is outperforming BTC: each SOL buys more BTC. The changes over 30, 90 and 365 days on this page say over which window it has.

Why is this different from the SOLBTC chart on an exchange?

This ratio comes from Hyperliquid perpetual prices, not a spot SOLBTC market. A perp trades a little above or below spot by its basis, so the two can differ slightly, and the daily value here is taken at the 00:00 UTC close.

How far back does this chart go?

The chart shows the last year of daily closes, from Keel's own record of Hyperliquid perp prices.