Upbit and Bithumb Open Korean Won Trading for Hyperliquid (HYPE)

Upbit listed Hyperliquid (HYPE) on November 10, 2026, opening trading at 3 p.m. Korean Standard Time across three markets. Bithumb, the other large Korean exchange, opened a Korean won market for the token the same day.

What Upbit Listed

Upbit announced the listing on November 10. Trading opens in three markets: Korean won, bitcoin and USDT. Korean exchanges usually open deposits before trading starts, and they announce their own support details for each market. Bithumb's market pairs the token with Korean won.

Both exchanges handle Korean won directly, so local traders can enter the market without converting through another asset first. Upbit opens all three of its HYPE markets at the same time.

Hyperliquid (HYPE) is the native token of Hyperliquid, a layer-1 blockchain built for on-chain financial systems. It is one of the largest perpetual futures platforms in crypto, and the chain settles trades with sub-second finality.

What Hyperliquid Is

Hyperliquid runs its own layer-1 blockchains stack with HyperBFT consensus and an on-chain order book that handles up to 200,000 orders per second, according to Coinranking's Hyperliquid overview. The team behind it, Hyperliquid Labs, is self-funded and launched the HYPE token through a community airdrop in November 2024.

The HYPE token is used for staking, governance and gas fees on the network, and it gives traders fee discounts. The Hyperliquid price chart on Coinranking tracks its market performance.

Korean Listings

Upbit and Bithumb are the two biggest crypto exchanges in South Korea. A won market on either venue gives local traders direct access without converting through another asset. Listings on the two venues often land on the same day, as they did for HYPE on November 10.

Upbit and Bithumb publish their own deposit and withdrawal notices for each new market.