Binance listed the HYPE token on September 24, 2026, introducing trading pairs with USDT, USDC, and the Turkish lira. Deposits were enabled one hour prior to the start of trading, with withdrawals becoming available the following day. Notably, the exchange waived all listing fees for the token.
Changpeng Zhao addressed the growth of decentralized exchanges on September 26, 2026, characterizing the rise of DEX platforms as a sign of industry maturity rather than a competitive threat. He noted that global cryptocurrency ownership currently ranges between 5% and 15% of the population, while digital assets account for less than 1% of the average net worth.
Hyperliquid functions as a permissionless on-chain perpetual DEX on its own Layer-1 blockchain, with HYPE serving as its utility and governance token. Binance previously expressed interest in the project in June 2026, citing its model as a significant development despite regulatory challenges in certain jurisdictions.
The inclusion of the Turkish lira in the trading pairs highlights Binance's ongoing strategy to lower entry barriers for retail users in emerging markets. By listing assets native to rival ecosystems, the exchange aims to consolidate its position as a primary platform for diverse digital assets, expanding the reach for protocols like Hyperliquid.
