Is Binance Teasing a HYPE Spot Listing? Arthur Hayes Weighs In

Written By:
Varinder Singh

Reviewed By:
Dhara Chavda

Is Binance Teasing A Hype Spot Listing? Arthur Hayes Weighs In

Crypto billionaire Arthur Hayes highlighted Hyperliquid (HYPE) spot listing hint by crypto exchange Binance on Monday. Hayes directly asked Changpeng “CZ” Zhao about HYPE listing by the crypto exchange, raising speculation after its U.S. arm listed HYPE.

Hyperliquid is a fully on-chain DEX for perpetual futures and spot trading. Interestingly, HYPE spiked to $45 briefly on Binance US.

Arthur Hayes Raised Speculation on Binance’s HYPE Listing

BitMEX co-founder Arthur Hayes, in an X post on June 9, asked CZ about Hyperliquid (HYPE) spot listing on Binance while reacting to a post by BinanceUS.

Hayes speculated whether the recent HYPE promotion signals an imminent listing by the world’s largest crypto exchange. Binance has a history of promoting crypto before listing or offering it in other products.

Notably, BinanceUS revealed a HYPE perpetual contract listing with up to 75x leverage on May 30. However, the crypto exchange has not announced a spot listing for Hyperliquid (HYPE) despite a high market cap and demand.

As per Binance, “Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.”

Nevertheless, the post by Arthur Hayes and the recent listing by BinanceUS keep the speculation on spot HYPE listing on Binance high. Recently, Hayes predicted HYPE to hit $100.

HYPE Price Rally Resumes

HYPE price has rallied 6% in a week and nearly 43% in a month. The price is changing hands at $35 after a pullback. The 24-hour low and high were $34.79 and $36.26, respectively. Furthermore, the trading volume has increased by more than 20% in the last 24 hours, indicating a rise in interest among traders.

The recent listing by BinanceUS caused the price to hit $45. This indicates a giant demand for the crypto among investors in the United States.

Meanwhile, high-leverage trader James Wynn criticized Hyperliquid’s poor referral plan, warning about its downfall because of just better incentives from other platforms.



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Varinder is a seasoned leader in the fintech and crypto media with over 10 years of experience, including over 6 years dedicated to blockchain, crypto and Web3 developments. He is known for covering high-impact and quality news stories, perfection and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker and tech enthusiast, he has shared his knowledge of disruptive technologies in over 5000 news, articles, and papers.
Dhara is a crypto content analyst and writer with over 2 years of experience in the industry. Dhara has a deep understanding of the crypto market and is well-versed in various blockchain technologies. Dhara is also an avid trader and stays current with the latest trends and news in the crypto world. With Dhara's expertise and passion for the industry, readers can expect insightful and informative content.