Answer
$$2xy =1$$
Rectangular hyperbola with center at $(0,0)$
Work Step by Step
Since
\begin{align*}
r^{2} \sin 2 \theta&=1\\
2r^{2} \sin \theta\cos \theta &=1\\
2(r\cos \theta )(r\sin \theta )&=1\\
2xy&=1
\end{align*}
Rectangular hyperbola with center at $(0,0)$