Binance Futures List HYPE Token Amid Feverish Trading Activity in Hyperliquid

The listing comes after HYPE rose by 77.5% this month. Binance Futures listed HYPE, the native token of rival derivatives exchange HyperLiquid, on Friday. HYPE rose by 77.5% over the past 30 days as it made its way into the 15 largest cryptocurrencies by market cap. The Binance listing is a USD-margined perpetual contact that offers up to 75x leverage. Prominent trader and HyperLiquid supporter Flood said on X that the first exchange that lists HYPE spot markets will make "$100 million in fees" in the first year. HYPE was unmoved by the announcement; it is down by 4.3% over the past 24 hours in line with a wider crypto market slump. HyperLiquid notched $11 billion in perpetual trading volume during the same period as it rapidly emerges as this cycle's decentralized derivatives exchange of choice. Binance futures, meanwhile, remains the largest centralized exchange with $91 billion in trading volume over the past 24 hours, according to CoinMarketCap. Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings. https://www.coindesk.com/markets/2025/05/30/binance-futures-list-hype-token-amid-feverish-trading-activity #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple