- Hyperlane (HYPER) trading launches on KuCoin today.
- Deposits are now open via Ethereum and Binance Smart Chain.
- Meanwhile, withdrawals begin on April 23, 2025.
Global crypto exchange KuCoin has announced the listing of Hyperlane (HYPER) on its Spot trading platform. Trading will begin today at 13:00 UTC, following a call auction period an hour prior. The exchange also supports deposits and withdrawals for the new asset.
KuCoin Lists Hyperlane (HYPER) for Trading
According to the announcement, KuCoin has officially listed HYPER for trading on its Spot platform. The trading of HYPER/USDT will begin on April 22 at 13:00 UTC, offering users the chance to trade the token on one of the most popular exchanges in the crypto market.
In addition, KuCoin has also opened HYPER to a slew of services on its platform, namely Margin Trading, Futures Trading, Convert, Saving and Fast Trade services.
This move adds to the growing list of cryptocurrencies available for trading on the platform and highlights KuCoin’s commitment to listing promising projects that enhance blockchain capabilities.
Deposits for HYPER tokens are now open on KuCoin, and users can deposit HYPER using Ethereum’s ERC-20 or Binance Smart Chain’s BEP-20 networks. These options provide flexibility for users who wish to move their assets to KuCoin and start trading.
Related: Binance, KuCoin, and Bithumb Lead CEX Token Listings in 2024: Klein Labs Report
KuCoin has also set the withdrawal date, which will be available starting April 23, 2025, at 10:00 UTC. In addition, the token’s call auction starts from 12:00 to 13:00 today, April 22, 2025 (UTC). This ensures that users can manage their funds as needed, including withdrawing HYPER tokens after trading has commenced.
Trading Bots and Automation Features
Beyond standard spot trading, KuCoin will support automated trading strategies for the HYPER/USDT pair. Once the trading opens, users can utilize various trading bots to optimize their trading approach.
These include tools such as Spot Grid, Infinity Grid, DCA (Dollar Cost Averaging), and Smart Rebalance. The exchange also provides Spot Martingale, Spot Grid AI Plus, and AI Spot Trend tools. These tools help traders maximize their potential profits while minimizing risks in the volatile crypto market.
KuCoin Expands HYPER Trading with New Features
KuCoin is also adding new services for Hyperlane (HYPER). This includes Margin Trading, Futures Trading, Convert, Saving, and Fast Trade, starting April 22, 2025. Margin Trading will begin at 15:00 UTC, with a 0.97 margin coefficient for the HYPER/USDT pair. Futures Trading will offer leverage from 1x to 30x on the same pair, starting at 15:00 UTC.
Additionally, HYPER will be available on KuCoin Convert at 14:00 UTC with zero trading fees. The HYPER Saving Coin program will offer an expected APR of 4% and allow staking with soft and hard caps. Fast Trade will enable users to buy and sell HYPER using VISA, Fiat Balance, and other methods. Early depositors of HYPER will receive a 50 USDT trading fee discount for the HYPER/USDT pair.
Understanding the Hyperlane Protocol
For context, Hyperlane itself is described as a permissionless interoperability protocol. It facilitates cross-chain communication and asset transfers between various blockchain networks. This means that developers can use the protocol to create applications that seamlessly operate across multiple blockchain platforms without relying on centralized intermediaries.
By enabling the exchange of data and value across chains, Hyperlane aims to address one of the most significant challenges in the blockchain space: interoperability. As the blockchain ecosystem grows, the ability for different networks to work together efficiently is becoming increasingly vital.
KuCoin’s Strategic Listing Choice
Hyperlane’s listing on KuCoin highlights the exchange’s strategy of providing users access to innovative, infrastructure-building projects. Among its recent listings are Kernel, Stakestone, Domin, and a host of others.
Related: World Premiere: Kucoin Lists Kernel – A Binance Labs-Backed Restaking Protocol KernelDAO
By supporting the development of cross-chain communication, KuCoin helps its users gain exposure to technologies that could shape the future of decentralized finance and applications.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
