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Hyperliquid Bucks a Red Market as Korea’s Top Exchanges Announce Listings
South Korea’s two largest crypto exchanges, Upbit and Bithumb, have announced Hyperliquid (HYPE) listings. Both exchanges will open HYPE trading on November 10. Meanwhile, HYPE edged up 0.73% over 24 hours, even as the crypto market cap slid 2.
Brief
Upbit and Bithumb, South Korea's two largest crypto exchanges, have announced Hyperliquid HYPE listings, both starting November 10. Upbit goes live at 15:00 Korea time in KRW, BTC and USDT markets, accepting HYPE transfers only over HyperEVM. Bithumb opens an hour later with one KRW pair, blocking buy orders for five minutes and allowing limit orders for about two hours. HYPE, which fell over 12% in the past month, sits about 24% below its September 23 record of $97.96. South Korea ranked fifth in Chainalysis' 2026 adoption index, and Seoul's October blocks on 27 unregistered exchanges have narrowed offshore access. The article says the response of Korean traders after launch will show whether gains last.
Why it matters: Listings on two major Korean exchanges give local traders a registered route to HYPE as offshore access narrows.
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Upbit and Bithumb to list Hyperliquid's HYPE token on November 10
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- Market cap
- Price multiplied by circulating supply, from the market-data provider.
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