Formula to check whether or not a cell has been hyperlinked

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I am trying to create a helper column that checks whether a cell in a nearby column ("Project" in this case) has been hyperlinked or not. I want to return 1 if True or 0 if False.

Something like this: =IF(CONTAINS("http", Project@row), 1, 0)

However, when I hyperlink using the menu dropdown (see attached image), this formula doesn't work. It's a requirement that hyperlinking be done via this dropdown and NOT via the HYPERLINK function. Therefore, what kind of formula can I write that will check to see whether the cell in the nearby column has or has not been hyperlinked?


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