In a recent podcast, CZ cited $HYPE’s past token distribution and asset custody structure as a reason for the delay in its Binance spot listing.
According to CZ’s statements, $HYPE’s distribution and custody arrangements may not have met the risk management requirements that Binance was looking for in its listing processes at the time.
However, CZ also noted that conditions may have changed in the current situation. This statement suggests that $HYPE’s previous absence from the Binance spot market may not be explained solely by listing requests or market conditions. Nevertheless, CZ did not publicly share a detailed technical explanation for Binance’s past assessment.
$HYPE Listed on Binance!
Shortly before CZ’s statements, Binance announced that it would list $HYPE with the seed tag “$HYPE/USDT, $HYPE/USDC and $HYPE/TRY” trading pairs on September 24, 2026.
As you may recall, in August, US President Donald Trump stated that US Securities and Exchange Commission (SEC) Chairman Paul Atkins was working to bring Hyperliquid to the US market.
*This is not investment advice.