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Binance US will soon list Hyperliquid’s HYPE token, sparking a notable 6% price surge within 24 hours.
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While this price movement is encouraging, the listing date remains uncertain, leaving investors in limbo.
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Past conflicts between Binance and Hyperliquid have raised skepticism among certain community members, complicating the narrative.
Binance US’s upcoming listing of Hyperliquid’s HYPE token has led to a significant price increase, although uncertainty still lingers about the launch date.
Binance US to List Hyperliquid Soon
Hyperliquid, a cutting-edge trading blockchain, has recently achieved several significant milestones, including surpassing dYdX in trading volume earlier this year. Just days later, it overtook Sui’s market cap, demonstrating its growing prominence in the crypto landscape.
This momentum was underscored by recent activities involving notable trader James Wynn, whose long and short bets drove Hyperliquid to an astounding $8.6 billion in daily trading volume last week. The announcement of its listing by Binance US marks yet another achievement for Hyperliquid:
The $HYPE is real.
Spot trading for @HyperliquidX is coming soon to https://t.co/AZwoBOh0gq. Follow us to get notified when our new listing goes live. pic.twitter.com/CrpenFv2uh
— Binance.US 🇺🇸 (@BinanceUS) June 2, 2025
This announcement signifies Binance US’ first direct partnership with Hyperliquid, though its various branches, such as Binance Futures, had already taken an interest by announcing HYPE perpetual contracts just days prior.
Despite the lack of a confirmed listing date, the excitement surrounding the announcement has already resulted in a noticeable uptick in HYPE’s value.
While many industry observers view this as a bullish sign for Hyperliquid, skepticism continues to linger within the community. Concerns have been raised regarding a recent negative interaction between Binance and Hyperliquid, particularly relating to Binance’s involvement in the JELLYJELLY short squeeze crisis, which reportedly exacerbated Hyperliquid’s financial woes.
Accusations from community members hint at a perceived conflict between the two companies, although concrete evidence supporting these claims remains elusive.
As the crypto market often reflects a multitude of viewpoints, the reality seems to be more nuanced than the binary opinions presented. Should Binance US provide further clarification on the listing timeline, it could significantly impact investor sentiment. For the moment, HYPE’s increasing valuation indicates a growing reputation for the trading platform.
