Binance Lists Hyperliquid's HYPE for Spot Trading with Seed Tag
Binance has expanded its support for Hyperliquid's native token HYPE by listing it on its global spot market. This move comes nearly two years after HYPE's launch and marks the first time Binance Global supports direct HYPE trading.
The trading pairs, HYPE/USDT and HYPE/USDC, went live at 11:00 UTC on September 24, allowing users to buy and sell HYPE tokens directly. The exchange also provided the HYPE/TRY pair for users with verified Binance TR accounts.
HYPE was listed with a Seed Tag, which is used by Binance for assets assessed to have higher-than-usual volatility and risks. To trade, users must accept the relevant terms and re-complete a risk quiz every 90 days.
At the time of listing, HYPE had already become one of the largest crypto assets by market capitalization, with a price of around $93.32 and a market cap of approximately $20.76 billion, ranking 11th in the market.