AlhemairyM

In 2025, the cryptocurrency landscape in the UAE and Saudi Arabia has matured significantly, offering traders a variety of platforms with competitive fee structures. This guide highlights the top exchanges known for their low fees, regulatory compliance, and user-friendly features.
Top 3 Exchanges in the UAE
1.      MEXC
·         Spot Trading Fees: 0% for makers, 0.01% for takers
·         Features: Supports over 2,500 cryptocurrencies, offers futures trading, and provides copy trading tools
·         Regulatory Status: Compliant with UAE regulations

2.      Binance
·         Spot Trading Fees: 0.1% standard - reduced to 0.075% when using BNB
·         Features: Offers a wide range of cryptocurrencies, high liquidity, and advanced trading tools
·         Regulatory Status: Licensed by the Dubai Virtual Assets Regulatory Authority (VARA)
·         Reference: https://accounts.binance.com/en/login

3.      Bitget
·         Spot Trading Fees: 0.1% standard - reduced to 0.08% when using BGB token
·         Features: Provides copy trading, futures contracts, and supports AED via P2P marketplaces
·         Regulatory Status: Compliant with UAE regulations

Top 3 Exchanges in Saudi Arabia
1.      Rain
·         Trading Fees: Zero trading fees with a 0.2% spread
·         Features: Supports AED, BHD, KWD, OMR, SAR, and USD - offers a user-friendly interface and strong security measures
·         Regulatory Status: Licensed by the Central Bank of Bahrain (CBB)

2.      Binance
·         Spot Trading Fees: 0.1% standard - reduced to 0.075% when using BNB
·         Features: Offers a comprehensive suite of financial products, high liquidity, and supports SAR transactions
·         Regulatory Status: Compliant with Saudi regulations
·         Reference: https://accounts.binance.com/en/login
3.      OKX
·         Spot Trading Fees: 0.08% for makers, 0.10% for takers
·         Features: Provides a wide range of cryptocurrencies, advanced trading tools, and supports SAR transactions
·         Regulatory Status: Compliant with Saudi regulations

Hyperlane (HYPER) Project Overview and Binance HODLer Airdrop Report
Project Overview
Hyperlane (HYPER) is a new interoperability-focused blockchain project launched in 2022. It provides a permissionless protocol for cross-chain communication, allowing different blockchains to send messages, transfer assets, and interact without centralized intermediaries . In simpler terms, Hyperlane acts as a messaging layer that lets decentralized applications on one chain call functions or transfer data on another chain, going beyond simple token bridges . This aims to make cross-chain operations more efficient, secure, and developer-friendly. Key features of Hyperlane include:
Permissionless Deployment: Anyone can deploy Hyperlane on any chain (layer-1, rollup, or app-chain) without approvals, immediately enabling cross-chain apps .Modular Security: Developers can customize security via Interchain Security Modules (ISM), tailoring how messages are verified (e.g. using custom validators, economic security measures, etc.) .Multi-VM Support: Hyperlane supports multiple blockchain runtimes – e.g. Ethereum EVM, Solana VM (SVM), and CosmWasm – even allowing cross-VM interactions like EVM↔️SVM asset transfers .General Message Passing: Beyond token bridging, it enables arbitrary data or function calls to be executed across chains (through interchain accounts and messaging) .
Use Cases: With Hyperlane, developers can build cross-chain DeFi, NFTs, and other interoperative dApps. For example, Hyperlane’s Warp Routes framework lets anyone create no-slippage token bridges between chains, and Interchain Accounts allow a contract on one chain to trigger actions on another . The network has already seen significant usage – it has been deployed to over 140 blockchains, facilitating ~9 million cross-chain messages, and bridging over $6 billion in asset volume via Hyperlane-powered bridges as of early 2025 . These metrics underscore Hyperlane’s role as a growing “interchain highway” connecting many blockchain ecosystems .
Team and Development: Hyperlane was co-founded in 2022 by Jon Kol, Asa Oines, and Nam Chu Hoai, who were previously involved in blockchain projects like Celo and Galaxy Digital . The core development is led by Abacus Works, Inc. (the team behind Hyperlane, based in New York and London), and the project is now supported by the non-profit Hyperlane Foundation . The founding team brings deep expertise: Asa and Nam were early engineers at Celo (a layer-1 platform), and Jon Kol led venture investments at Galaxy Digital . Hyperlane secured $18.5 million in seed funding in 2022 in a round led by Variant Fund, with participation from Galaxy Ventures, CoinFund, Circle Ventures, Kraken Ventures and others . Advisors to the project include notable crypto figures (e.g. Zaki Manian of Cosmos and Morgan Beller) , indicating strong backing.
Roadmap: Hyperlane operated in relative stealth for its first few years, focusing on integrating many chains and proving out its protocol. By 2025, the project entered a new phase by introducing the HYPER token to decentralize ownership and governance of the network . The Hyperlane Foundation now stewards the network’s expansion with a mission to make it a community-owned interoperability standard . Going forward, the team’s roadmap includes expanding support to more blockchain environments, incentivizing developers through the HYPER token rewards, and eventually enabling community governance (HYPER holders will have a say in protocol upgrades and parameters) . With the token launch (TGE) in April 2025, Hyperlane has begun rewarding early users and will continue to grow the ecosystem of chains, apps, and assets connected via its network.
HYPER Token Details (Tokenomics & Utility)
Token Purpose: HYPER is the native token of the Hyperlane network and powers its economic and security model. It is designed to align incentives among users, validators, and developers and to accelerate adoption of the protocol . Key utilities of HYPER include:
Fee Currency: HYPER will be used to pay for cross-chain messaging fees on Hyperlane, similar to gas fees, ensuring that using the interchain messaging functionality costs HYPER .Staking & Security: Holders can stake HYPER to secure the network. Validators and stakers who help verify cross-chain messages (via the default ISM validator set) receive staking rewards in HYPER for their service . A staking/slashing mechanism is in place to punish invalid behavior, and stakers can receive a liquid staking token stHYPER when they stake, which represents their staked position . This design provides economic security to the protocol and lets community members participate in maintaining the network.Usage Rewards: Uniquely, Hyperlane implements “Expansion Rewards” – a programmatic incentive where HYPER tokens are distributed to projects and end-users who use Hyperlane heavily over time . Instead of a one-time airdrop, a portion of HYPER is reserved to reward cross-chain activity quarterly over the next 4 years, encouraging sustained usage of the protocol. (Notably, an initial Expansion Drop of 7.5% of the supply was distributed at launch to early Hyperlane users based on historical usage) .Governance: In the future, HYPER is expected to enable community governance, allowing token holders to vote on protocol upgrades, configuration changes, and treasury usage, thereby decentralizing decision-making .
Token Supply & Economics: HYPER has a genesis total supply of 802,666,667 tokens, with a maximum supply capped at 1,000,000,000 . The difference will be released as inflation over time to fund staking rewards – inflation is fixed at 8,000,000 HYPER per year, which is ~1% of the genesis supply in the first year, and this rate decreases as a percentage in subsequent years (since the 8M/year is a constant nominal emission) . The circulating supply at launch (April 2025) was about 175.2 million HYPER (approximately 21.8% of the genesis supply) .
The token distribution is structured to balance community incentives and team/backer allocations. In total, 57% of the 1B max supply is allocated to the community (for expansion rewards, staking rewards, and other community programs) while the remaining 43% is reserved for the core team, early investors, and the foundation . Community allocations (like the expansion and staking rewards) unlock over time to fuel network growth, whereas team and investor tokens are subject to vesting – none of the team/backer tokens were circulating at TGE, with a 12-month cliff and linear vesting over the next 2 years for those allocations . This means the project’s insiders are locked in long-term, aligning their incentives with the success of the protocol. The foundation also holds a treasury allocation (about 7% of supply) to fund ongoing development, grants, and strategic initiatives .
Smart Contract Addresses: HYPER is a multi-chain token. It is deployed as an ERC-20 on Ethereum and as a BEP-20 on BNB Chain for Binance users. The official contract addresses are: Ethereum – 0x93A2Db22B7c736B341C32Ff666307F4a9ED910F5, and BSC – 0xC9d23ED2ADB0f551369946BD377f8644cE1ca5c4 . (These addresses were provided by Binance to ensure transparency and user safety.) No Binance listing fee was charged for HYPER’s listing, as Binance often supports such ecosystem tokens without fees .
Binance “HODLer Airdrop” Campaign for HYPER
To promote the Hyperlane launch, Binance ran a HODLer Airdrops campaign – Hyperlane was the 15th project featured in Binance’s HODLer Airdrop program . Binance’s HODLer Airdrops are a way to reward loyal Binance users by air-dropping new tokens to those who hold or invest in BNB via certain Binance Earn products. For HYPER, Binance allocated 20,000,000 HYPER tokens (2.49% of the genesis supply) as airdrop rewards for BNB holders .
Eligibility: Users did not need to do anything special aside from holding BNB in Binance’s earn programs. Specifically, any Binance user who subscribed BNB into Simple Earn (Flexible or Locked) savings or into BNB On-Chain Yields products during the period 2025-04-14 00:00 UTC to 2025-04-17 23:59 UTC was eligible for the HYPER airdrop . Binance took snapshots of users’ BNB balances at random times in that window to determine each user’s share of the airdrop pool . The more BNB a user had deposited in these products, the larger their HYPER reward, proportional to the total BNB participating. There was no manual claim process – eligible users automatically received their HYPER in their Spot wallets. Binance distributed the airdrop tokens about 1 hour before HYPER trading went live on April 22, 2025 .
Distribution Details: A total of 20 million HYPER was distributed among all eligible BNB holders in this promotion . There were no individual caps reported for this airdrop; rewards were purely pro-rata based on BNB stake. Users had to be KYC-verified and in an eligible region to participate (as per Binance’s terms) . Notably, any BNB that was locked as collateral for Binance Loans was excluded from the calculation, since those funds aren’t considered “holding” for airdrop purposes . However, BNB in certain newer formats (like staked BNB in Binance’s DeFi staking or “Keyless Wallet”) was counted as eligible . Binance also clarified that if multiple HODLer airdrop campaigns overlap, a user’s BNB would be split among them, but in this case HYPER was the only active one at that time . Overall, the HODLer Airdrop allowed Binance’s BNB community to become early holders of HYPER at no cost, as a reward for their loyalty.
Binance Listing & Trading Information
HYPER’s listing on Binance was coordinated alongside the airdrop. Binance listed Hyperlane (HYPER) in its innovation zone on April 22, 2025 at 13:00 UTC, opening spot trading for HYPER with multiple pairs: HYPER/USDT, HYPER/USDC, HYPER/BNB, HYPER/FDUSD, and HYPER/TRY . On listing, Binance applied a “Seed Tag” to HYPER’s markets – this label signifies that HYPER is a newly launched, early-stage project (derived from Binance’s Seed project series), and it reminds users of the potentially higher risk and volatility associated with new tokens . Deposits for HYPER were enabled about an hour after the official listing announcement on April 21, allowing users to prepare to trade by depositing their tokens ahead of the trading start . Withdrawals were typically enabled a couple of hours after trading commenced (per Binance’s standard process for new listings).
Launch and Price Discovery: Before the main spot market opened, Binance facilitated price discovery for HYPER through an exclusive Token Generation Event (TGE) sale and Binance Alpha session. On April 22 from 09:00 to 11:00 UTC (just prior to listing), Binance hosted a TGE subscription via the Binance Wallet, selling 20 million HYPER at $0.03 each to whitelisted users – raising about $600,000 in BNB . This offering allowed some participants to buy HYPER at a fixed price just before market trading. Immediately after, at 11:10 UTC, HYPER was made available on Binance Alpha, which is Binance’s platform for early-stage projects and pre-listing token trading . During the 11:10–13:00 UTC window, Binance Alpha users could trade HYPER in a closed environment, providing initial liquidity and price discovery. Once the official 13:00 UTC spot listing began, HYPER was delisted from Binance Alpha (it ceased to be shown there) and trading fully moved to the Spot market . Users who held HYPER in Binance Alpha could transfer their balances to their Spot accounts at any time; Binance even scheduled an automatic transfer of any remaining Alpha balances to Spot on April 25, 2025 .
Market Availability: With the Binance launch, HYPER quickly became accessible to a broad audience. In addition to Binance, several other major exchanges announced support for HYPER around the same time – including MEXC, KuCoin, Bybit, and Gate.io – reflecting strong market interest in the token . On Binance, HYPER trading volume was robust in its first days, and Binance enabled advanced trading features (Spot margin, algorithmic orders, trading bots, etc.) within 24 hours of listing to further support the market . As an early-stage token, users are advised to exercise caution, but the successful Binance listing – alongside the HODLer airdrop and the wide exchange support – marked a significant milestone for the Hyperlane project. It provided the Hyperlane team with a decentralized distribution of HYPER tokens and provided the community an opportunity to participate in the growth of this cross-chain interoperability protocol.
Sources: The information above was compiled from Binance’s official announcements (for accurate token metrics, contract addresses, and campaign details) , the Hyperlane project’s whitepaper and documentation (for technical overview and tokenomics design) , as well as trusted crypto news outlets like CoinMarketCap, Crypto.News, DeFi Planet, and others that reported on the HYPER launch . All data is up to date as of April 2025, reflecting the launch and initial distribution of Hyperlane’s HYPER token.