Bitfinex to Integrate Hyperliquid's HYPE Token for Decentralized Trading
Lawrence Jengar Sep 02, 2025 11:12
Bitfinex announces the listing of HYPE, the native token of Hyperliquid, enhancing access to decentralized trading with high-speed transactions and low latency.
Bitfinex, a leading digital asset trading platform, has announced its plans to list HYPE, the native token of Hyperliquid, a Layer-1 blockchain designed for high-speed decentralized trading. This move, reported by Bitfinex, underscores the platform's commitment to expanding its offerings of innovative digital assets.
Hyperliquid's Technological Edge
Founded in 2022, Hyperliquid aims to bridge the gap between the speed of centralized exchanges and the transparency of decentralized finance. Its standout feature is the HyperBFT consensus protocol, which reportedly confirms trades in an average of 0.2 seconds. Additionally, the network's HyperEVM, an Ethereum-compatible execution layer, leverages HYPE as its native gas token, facilitating seamless transactions.
Token Distribution and Utility
The HYPE token was introduced through a genesis airdrop in November 2024, distributing 310 million tokens, which represents 31% of its total supply, to early community members without allocations to private investors or exchanges. HYPE serves multiple functions within the Hyperliquid ecosystem, including network security through staking, on-chain governance, and transaction fee payments on the HyperEVM.
Bitfinex's Strategic Listing
Anoush Bhasin, Head of Listings at Bitfinex, highlighted the alignment of Hyperliquid's fast, transparent trading with Bitfinex's strategic vision. The listing of HYPE is part of Bitfinex's broader initiative to provide users with access to a diverse range of digital assets. Deposits for HYPE are slated to open on September 2, 2025, with trading expected to commence on September 4, subject to liquidity conditions. The token will be available for trading against US Dollars (HYPE/USD) and Tether tokens (HYPE/USDt).
About Bitfinex
Established in 2012, Bitfinex is renowned for its comprehensive suite of trading features and tools, catering to global liquidity providers and experienced traders. The platform offers peer-to-peer financing, OTC markets, and margin trading across a wide array of digital tokens, aiming to deliver unparalleled support and innovation in the digital trading space.
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