Binance to Launch HYPE Spot Trading on September 24

Binance announced that spot trading for Hyperliquid’s HYPE token will begin on September 24 at 11:00 UTC. The exchange will list three trading pairs: HYPE/USDT, HYPE/USDC and HYPE/TRY.

Trading details and fees

Deposits for the new pairs will be available one hour after the announcement. Withdrawals are expected to open on September 25 at 11:00 UTC. Binance set the listing fee at zero BNB.

Eligibility and restrictions

HYPE carries Binance’s “Seed Tag,” requiring eligible traders to complete a risk‑quiz every 90 days. The Turkish lira pair (HYPE/TRY) is limited to users with verified Binance TR accounts. Residents of the United States, Canada, the Netherlands, Iran, North Korea, Syria and several other jurisdictions are barred from trading the new pairs.

Additional features

Spot Algo Orders will be available at launch, and trading bots and spot copy‑trading are slated to roll out within 24 hours. Users can add the new pairs through Binance’s Personal Pair Preference settings.

Market context

CoinGecko data on September 24 shows HYPE with a market capitalization of roughly $20.9 billion and a 24‑hour trading volume of about $1.13 billion. The token closed September 23 at $93.98 after a recent price climb from the mid‑$70s to the mid‑$90s.

Hyperliquid ecosystem

Hyperliquid reported $429 million in revenue through September 15, leading CoinGecko’s adjusted 2026 crypto revenue ranking. DeFiLlama ranks Hyperliquid first among perpetual DEXs, with 24‑hour normalized volume around $7.42 billion and 30‑day volume near $220 billion.