Binance lists Hyperliquid (HYPE) with Seed Tag
6.5 Markets Binance listed Hyperliquid (HYPE) with three trading pairs and a Seed Tag. HYPE surged 274% YTD, market cap exceeds $20B, driven by demand for tokenized assets.
Binance has listed Hyperliquid (HYPE) for spot trading, offering three pairs: HYPE/USDT, HYPE/USDC, and HYPE/TRY. The TRY pair is exclusive to verified Binance TR users. Trading began on September 24 at 11:00 UTC, with withdrawals available from September 25. The listing fee was set at zero, and spot algorithmic orders were enabled at launch. Within 24 hours, Binance will introduce trading bots and spot copy trading for HYPE. The token received Binance’s Seed Tag, signaling higher volatility and risk. Users must complete a risk-awareness quiz every 90 days to trade Seed Tag tokens. HYPE recently traded near $91, reaching a record close to $95, and its market capitalization has surpassed $20 billion. The token has surged 274% year-to-date, driven by demand for decentralized derivatives and tokenized real-world assets. Its HIP-3 markets have processed up to $115 billion in monthly volume. Regulatory commentary highlights the momentum of tokenized asset trading, though Hyperliquid has not received explicit approval.
