Coinbase Global, Inc. has announced the listing of Hyperliquid (HYPE) on its platform, with trading set to begin on February 6, 2025, pending standard liquidity requirements. This move marks a strategic expansion of Coinbase's cryptocurrency offerings, following its rigorous listing standards that include security, compliance, and technical evaluations.
Hyperliquid operates as a decentralized perpetual futures exchange on its own Layer 1 blockchain, offering high-performance trading with sub-second block times and native cross-margin functionality. The HYPE token provides governance rights and fee discounts within the ecosystem. Coinbase's decision to list HYPE reflects confidence in its technical infrastructure and regulatory compliance.
The listing is expected to draw significant market attention, as Coinbase listings typically do. Investors are advised to consider potential volatility and liquidity development during early trading sessions. Coinbase will initially offer the HYPE/USD trading pair, with the possibility of additional pairs based on market demand.
Coinbase to List Hyperliquid (HYPE) on February 6, 2025
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