If we choose the asymptotes themselves of the rectangular hyperbola as the Cartesian axes, the equation simplifies further.

Property — Rectangular hyperbola referred to its asymptotes

If we rotate the reference frame by 45°45° so that the asymptotes coincide with the Cartesian axes, the rectangular hyperbola x2y2=a2x^2 - y^2 = a^2 takes the form xy=k,k=a22.xy = k, \qquad k = \tfrac{a^2}{2}.

In this frame, the hyperbola is the graph of the function y=kxy = \tfrac{k}{x}: what in Year One we called “inverse proportionality”. The same curve, therefore, appears as x2y2=a2x^2-y^2=a^2 in the frame centred on the focal axis and as xy=kxy=k in the frame aligned with the asymptotes.

Topics: Homographic hyperbola
Concepts: Asymptote · Rectangular hyperbola · Inverse proportionality
Functions: Hyperbola
Skills: Analytic geometry