OKX to list Hyperliquid (HYPE) for spot trading

OKX is pleased to announce the listing of Hyperliquid (HYPE) on our spot trading markets. Please take note of the following details:

Listing timeline

1. HYPE deposits will open at 7:30 am UTC on Nov 03, 2025.

2. HYPE pre-open will take place from 1:30 pm to 2:30 pm UTC on Nov 03, 2025.

3. HYPE/USDT spot trading will open at 2:30 pm UTC on Nov 03, 2025.

4. HYPE withdrawals will open at 2:00 am UTC on Nov 04, 2025.

Spot market opening risk control rules

Price limit rules:
During Pre-open session and continuous trading, index-based limit rules will be applied.Index-based limit calculation rules:

OKX may adjust the parameters J, X, Y, Z or switch limit price calculation methods based on market conditions without prior notice.

For real-time rules, please visit /trade-market/info/spot.


About Pre-open session
Pre-open mechanism will be used for spot listing of HYPE/USDT. The Pre-open period will last for 1 hour.

OKX operates a Pre-open mechanism that allows you to submit buy and sell orders at your desired prices according to certain trading parameters before a new trading pair officially begins continuous trading.

During the Pre-open session, the buyers and sellers submit limit order around the index price, restricted by index price price limit. Buy orders must be lower than index price *(1 J%) price limit; sell orders must be higher than index price *(1 - J%) price limit.

At the end of the Pre-open session, the final index price is used to cancel invalid orders. Sell orders that are lower than the index price and the buy orders that are higher than the index price would be cancelled.

There will be no execution of the orders during and after the Pre-open mechanism.

Once live trading starts, the uncancelled orders placed during the Pre-open session will be kept in the orderbook.

Please visit OKX Pre-Open Mechanism to learn more about rules.

Following the end of the Pre-open session, OKX will use the last index price at the commencement of continuous trading as the initial price of the trading chart.

Project introduction

Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully on-chain open financial system. The flagship native application is a fully on-chain order book perpetuals exchange, the Hyperliquid DEX.

• Asset name: Hyperliquid

• Ticker: HYPE

• Network: HyperEVM

• Check HYPE Price: https://www.okx.com/price/hyperliquid-hype

Deposit USDT

Top up your balance to get ready for HYPE/USDT spot trading:

Risk warning:The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to OKX Terms of Service and Risk & Compliance Disclosure for more information.

For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.

OKX Team
Nov 03, 2025