Upbit and Bithumb, South Korea’s two largest crypto exchanges, have announced listings for Hyperliquid (HYPE) on November 10. Upbit will open markets in Korean won, bitcoin, and tether at 15:00 local time, while Bithumb will launch a single won pair at 16:00 with a reference price of 100,700 won. HYPE rose 0.73% over 24 hours as the overall crypto market capitalization fell 2.47%, following a decline of more than 12% over the past month that left the token about 24% below its $97.96 record. The listings give Korean investors a locally regulated route to the token amid restrictions on unregistered offshore exchanges. Whether the price gains prove durable will depend on activity on Hyperliquid itself, which uses 95% to 99% of protocol revenue to fund HYPE buybacks, rather than trading on Upbit and Bithumb.
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