Upbit Lists Hyperliquid's HYPE With Korean Won, Bitcoin and USDT Pairs

Key Facts

• Upbit added Hyperliquid's HYPE token to its Korean won, Bitcoin and USDT markets, with trading scheduled to begin at 06:00 UTC on Tuesday.

• Deposits and withdrawals are supported only on the HyperEVM network, and Upbit said the start of trading could be delayed if enough liquidity was not secured.

• Upbit restricted buy orders for about five minutes after trading opened and allowed only limit orders for about two hours, using CoinMarketCap prices to set its trading limits.

Upbit added Hyperliquid's HYPE token to its Korean won, Bitcoin and USDT markets, with trading scheduled to begin at 06:00 UTC on Tuesday.

Deposits and withdrawals are supported only on the HyperEVM network, and Upbit said the start of trading could be delayed if enough liquidity was not secured.

Upbit restricted buy orders for about five minutes after trading opened and allowed only limit orders for about two hours, using CoinMarketCap prices to set its trading limits.

Trading was scheduled to begin at 15:00 Korea time (06:00 UTC), with deposits and withdrawals opening within an hour of the notice, which Upbit posted at 04:50 UTC. Transfers are supported only on the HyperEVM network, and CoinMarketCap data showed HYPE trading on Upbit's won, Bitcoin and USDT markets by Tuesday afternoon UTC.

Upbit's Opening Rules

Upbit restricted buy orders for about five minutes after trading began. For the same period, it blocked sell orders priced 10% or more below the previous day's close.

HYPE's Recent Moves

HYPE traded at $71.00, down 5.2% over 24 hours and 17.8% over seven days, according to CoinMarketCap data.