Binance has announced the listing of the Hyperliquid (HYPE) token, with spot trading scheduled to commence at 11 a.m. UTC on September 24. The exchange will support trading pairs against USDT, USDC, and the Turkish lira (TRY). Deposits for the asset are currently enabled, while withdrawals are set to open on September 25 at 11 a.m. UTC.
The platform confirmed that no listing fee was charged for the token. Algorithmic spot orders will be available at launch, with trading bots and spot copy trading features expected to follow within 24 hours. Access to the TRY trading pair is restricted to users with verified Binance TR accounts, while residents of the US, Canada, and the Netherlands are excluded from trading.
Binance has assigned a Seed Tag to HYPE, indicating higher volatility and risk. Consequently, traders must complete a risk assessment quiz every 90 days to participate in spot or margin trading. Following the announcement, the token price saw a brief increase of approximately 1.9% on other exchanges before experiencing minor fluctuations.
Hyperliquid is described by the exchange as a high-performance blockchain infrastructure designed for a fully onchain financial ecosystem. The market is currently awaiting the opening of Binance order books to determine the impact of spot volume on the token's price performance.
