Binance Opens Doors to HYPE Trading with Risk Warnings

Binance has expanded its trading options by listing Hyperliquid's HYPE token for spot trading. The new pairs, HYPE/USDT, HYPE/USDC, and HYPE/TRY, opened on September 24 at 11:00 UTC.

The exchange also placed a Seed Tag on HYPE due to its higher volatility and risk, requiring users who trade the asset to complete a risk-awareness quiz every 90 days and accept Binance's terms. A warning banner will be displayed on relevant trading pages.

Users could deposit HYPE before trading started, with no listing fee charged in BNB. Withdrawals for HYPE/USDT and HYPE/USDC pairs are set to open on September 25 at 11:00 UTC, while the HYPE/TRY pair remains limited to users with verified Binance TR accounts.

The new trading tools follow a week of rising activity for Hyperliquid, which reached a record high price of $95.17 on September 21 after adding borrowing functions to its platform.