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Upbit will list HYPE, the native token of Hyperliquid, in its KRW, BTC and USDT markets when trading begins November 10 at 15:00 KST, or 06:00 UTC. Hyperliquid is described as the world's largest decentralized perpetual futures exchange by trading volume.
Why it matters
The listing brings HYPE to Upbit, South Korea's largest cryptocurrency exchange by trading volume, while Bithumb, the country's second-largest exchange, will also open a KRW market for the token. Together, the announcements give HYPE access to two of South Korea's largest trading venues.
For Hyperliquid, the listings can broaden user access and liquidity beyond its existing decentralized market. They also represent a notable adoption of a decentralized perpetual exchange's native token within South Korea's regulated exchange infrastructure.
Market impact
Upbit trading is scheduled for November 10 at 15:00 KST, with HYPE available in KRW, BTC and USDT markets. Bithumb trading is scheduled for 07:00 UTC, with deposits supported through HyperEVM.
The listings may improve access to HYPE and increase trading activity, though the market's response will depend on adoption, liquidity and broader crypto conditions. Bithumb will also list Collector Crypt's CARDS token in its KRW market at 09:00 UTC on the same day, with deposits supported via Solana.
Source: [하이퍼리퀴드(HYPE) 신규 거래지원 안내 (KRW, BTC, USDT 마켓) — 업비트(Upbit)](https://www.upbit.com/service_center/notice?id=02136cab-bd50-483a-8c99-39f0cdc4ab33&view=share)
Frequently asked questions
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When will HYPE trading begin on Upbit and Bithumb?
Upbit trading starts November 10 at 15:00 KST, while Bithumb opens its HYPE market at 07:00 UTC.
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Which markets will Upbit offer for HYPE?
Upbit will support HYPE trading against KRW, BTC and USDT.
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How will investors deposit HYPE on Bithumb?
Bithumb will support HYPE deposits through HyperEVM.
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Why are these listings important for Hyperliquid?
They give HYPE access to two of South Korea's largest exchanges, potentially expanding liquidity and broader user adoption.
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Which other token is Bithumb listing on November 10?
Bithumb will also list Collector Crypt's CARDS token in its KRW market, with deposits supported through Solana.
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