 Exponential radial approach to a unit-circle limit cycle

On the punctured plane, the vector field $\dot{x}=(1/r-1)x-y$, $\dot{y}=(1/r-1)y+x$ has the displayed polar equations. Its exact trajectories satisfy $r(t)=1+(r(0)-1)e^{-t}$ and $\theta (t)=\theta (0)+t$. Every forward trajectory approaches the unit circle, rotating counterclockwise, from inside or outside according to its initial radius. The circle is an attracting limit cycle with least period $2\pi$. The origin is not an equilibrium: the original vector field is undefined there. The singularity prevents an application of a whole-plane Bendixson-Dulac criterion to this periodic orbit.