CryptoSouth Korea

Upbit adds Hyperliquid's HYPE token with won trading from November 10

Upbit will let people trade Hyperliquid's HYPE token from November 10. Buyers can trade it directly against the Korean won, as well as bitcoin and USDT.

Illustration: A big flat silhouette of a columned building front stands against a deep teal sky, with a giant gold token with a circuit pattern rising like a sun behind it.
Illustration

On November 10, the trading platform Upbit will start letting people trade HYPE, the token issued by Hyperliquid. The platform is opening three markets for it, so buyers can pair HYPE with the Korean won (KRW), with bitcoin (BTC) or with USDT.

The won option stands out because it allows direct trading in Korean currency, without first converting into another digital token. USDT is a stablecoin, a type of crypto token designed to hold a value close to the US dollar. Using it as a trading partner gives people another way to move in and out of HYPE.

The information available to us does not include price, volume or trading-size figures for the new markets. It also does not say how the listing will affect HYPE's value over time.

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