HYPER Token Surges 102% on Binance Amid Exchange Listings, 50x Leverage, and Record Trading Volumes
HYPERUSDT has experienced significant volatility in the past 24 hours, with the price on Binance rising 102.69% from a 24-hour open of $0.2895 to $0.5868. This sharp price increase is primarily attributed to recent exchange-related developments, including HYPER’s listing on Binance, adjustments to funding rate intervals for perpetual contracts on Bybit and KuCoin to better align futures and spot prices, and the introduction of HYPERUSDT perpetual swaps with up to 50x leverage on BitMEX. These actions have driven heightened trading activity and speculative interest, resulting in substantial price fluctuations and a surge in trading volume, with Binance alone recording over 931 million HYPER traded in the last day. The current market is characterized by high volatility, wide price discrepancies across exchanges, and increased participation from both traders and major platforms.