Binance Opens Spot Trading for Hyperliquid’s HYPE Token
Trading began Sept. 24 in three pairs. Binance placed a Seed Tag on HYPE, warning of elevated volatility and risk.
Binance opened spot trading for Hyperliquid’s HYPE token on Sept. 24, expanding access to the asset through three trading pairs on the global exchange.
Trading began at 7 a.m. ET (11:00 UTC) in HYPE/USDT, HYPE/USDC and HYPE/TRY. HYPE deposits opened one hour later. Withdrawals were scheduled for Sept. 25 at 7 a.m. ET (11:00 UTC), with the timing listed as an estimate.
Binance applied a Seed Tag to HYPE, a designation for relatively new tokens that may face higher-than-normal volatility and risk. The exchange listed the token with a 0 BNB listing fee.
HYPE is the native token associated with Hyperliquid, an on-chain trading platform. Open interest tracks unsettled derivatives contracts but does not reveal whether traders are positioned for gains or losses.
