Upbit lists HYPE token: Key details for investors
6.6 Markets Upbit listed Hyperliquid’s HYPE token for KRW, BTC, and USDT trading. Deposits/withdrawals use HyperEVM. Early trading restrictions apply. The listing is expected to increase market activity.
Upbit, South Korea’s largest cryptocurrency exchange, has listed Hyperliquid’s HYPE token for trading as of November 10 at 3 p.m. Korea Standard Time. The token is available in three markets: Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Deposits and withdrawals are exclusively supported through the HyperEVM network and are expected to open within one hour of the announcement, pending wallet verification and travel rule compliance. Trading may be delayed if sufficient liquidity is not secured after deposits open. Upbit set the reference price for HYPE at 99,608 won ($74.03), about 2.4% below the previous day’s close. Early trading restrictions include a five-minute pause on buy orders and limitations on certain sell orders, with only limit orders permitted for the first two hours. The listing is anticipated to enhance market access, liquidity, and interest in Hyperliquid, potentially impacting its price outlook and user engagement. Market watchers are closely monitoring trading volume, price action, and further updates from Hyperliquid.
