#BinanceHODLerHYPER The HYPE token is the native cryptocurrency of the Hyperliquid blockchain—a high-performance Layer-1 platform designed to bridge the gap between centralized and decentralized exchanges. Launched on November 29, 2024, HYPE plays a pivotal role in securing the network through staking in the HyperBFT consensus mechanism, paying for transaction (gas) fees, and facilitating various DeFi applications .
Unlike many token launches, HYPE's distribution emphasized decentralization. A significant portion of the total supply was allocated to community rewards and future emissions, with no tokens reserved for centralized exchanges, private investors, or influencers . This approach aimed to foster a community-driven ecosystem.
As of April 2025, HYPE is not listed on Binance. However, its innovative features and growing market presence have sparked discussions about potential future listings. Investors and traders interested in HYPE should monitor official Binance announcements for updates on new coin listings .
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