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Upbit to List Hyperliquid HYPE on November 10

November 10, 2026

Upbit said it will list HYPE, the native token of the decentralized exchange Hyperliquid, with trading scheduled for 15:00 Korea Standard Time on November 10. That is 06:00 UTC. The South Korean venue plans to open KRW, BTC, and USDT markets at that time, according to its customer-center notice and an English post from the exchange.

What happened

The announcement landed on the morning of November 10. In its English post, Upbit wrote that market support for Hyperliquid (HYPE) covers the KRW, BTC, and USDT markets, and that trading opens at “15:00 KST estimated.” A Korean-language post from the same account carried the same schedule and linked the notice.

PANews and Odaily both reported the listing the same morning, each citing the official announcement and a 15:00 local-time start on November 10. ChainCatcher added an operational detail: deposits and withdrawals are supported only on HyperEVM, the Ethereum-compatible network that runs alongside Hyperliquid’s trading engine. Upbit’s wallet-status page listed HYPE on HyperEVM as operating normally when checked on November 10.

HYPE is Hyperliquid’s native token. The new markets are spot listings on a centralized exchange. They do not, by themselves, change how perpetual contracts trade on Hyperliquid.

Why it matters

Listings on large Korean exchanges draw attention because a high share of the country’s crypto turnover sits on a few platforms. CryptoBriefing, writing on November 8, described Upbit as South Korea’s largest crypto exchange. A KRW pair there gives domestic traders a won market for HYPE instead of relying only on overseas books or on-chain venues.

Hyperliquid has led recent rankings of decentralized perpetual-futures exchanges. TokenPost reported on November 9 that Hyperliquid ranked first in that group, with $62.581 billion in seven-day volume, more than three times the next venue in its tally. A spot listing does not alter that derivatives business, but it does widen a fiat route to the token associated with the network.

The deposit network is the practical constraint. ChainCatcher said only HyperEVM transfers are supported. HYPE sent on another chain would not match the route described for this listing.

What's next

The first checkpoint is the scheduled open. Upbit labeled 15:00 KST as estimated, so the start time can still move. Observers will look for whether the KRW, BTC, and USDT markets open together and whether HyperEVM deposits and withdrawals stay available.

The same day, Odaily reported that Bithumb plans to add a HYPE won market, with trading expected at 16:00 local time and network support limited to HyperEVM. If both schedules hold, HYPE would trade against the won on two large Korean exchanges within about an hour. Those reports describe listing times, not prices, and either venue can revise its notice.

After the open, the useful signals are operational: whether Korean spot volume shows up in HYPE, and whether Upbit issues any follow-up on deposit status, trading limits, or caution designations. The posts and reports reviewed here do not include a price forecast from the exchange.

Sources

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