Binance Opens Spot Markets for Hyperliquid's HYPE Token Binance has listed Hyperliquid's (@HyperliquidX) native token $HYPE for spot trading, with markets going live on September 24. Trading
Binance has listed Hyperliquid's (@HyperliquidX) native token $HYPE for spot trading, with markets going live on September 24. Trading pairs include HYPE/USDT, HYPE/USDC, and HYPE/TRY, with trading opening at 11:00 UTC.Deposits became available one hour after the announcement, with withdrawals expected to open at 11:00 UTC on September 25.
Binance had offered leveraged perpetual contracts on HYPE since May 30, 2025, but spot trading, where users actually buy and hold the token rather than speculate on price via derivatives, remained absent from the global platform until now. Before the global listing, US-based investors could already access $HYPE through Binance(.)US, which introduced spot trading pairs in June 2025. The global listing now opens the token to Binance's far larger international user base.
HYPE carries Binance's Seed Tag, requiring eligible traders to complete risk quizzes every 90 days.Spot algorithmic orders go live alongside trading, while trading bots and spot copy trading follow within 24 hours.The TRY pair is open only to users with verified Binance TR accounts.Binance charges zero BNB as HYPE's listing fee.
The listing gives Binance's global user base direct access to the token behind the dominant decentralized perpetual futures venue. Hyperliquid processed $633 billion in trading volume in Q1 2026 alone, commanding approximately 32% of all on-chain perpetual futures volume and over 6% of the entire global perps market, including centralized exchanges.Over the past 30 days, Hyperliquid trading volume hit $240 billion, a figure that puts it well ahead of rival chains competing for the same pool of traders.
Hyperliquid generated $429.04 million through September 15, leading CoinGecko's adjusted 2026 crypto revenue ranking.CoinGecko data puts HYPE's market capitalization near $20.9 billion as of September 24, with billion-dollar daily volume.
Sources:Binance to list HYPE with 3 spot pairs on Sept. 24 (crypto.news)Hyperliquid's native token listed for spot trading on Binance (Crypto Briefing)Exploring Hyperliquid: Redefining Derivatives Trading (VanEck)
