KEY TAKEAWAYS
- OKX will list Hyperliquid (HYPE) on its spot trading markets, with deposits starting on November 3, 2025.
- Spot trading for HYPE/USDT will commence at 2:30 pm UTC, following a pre-open session.
- OKX has set risk control measures, including index-based limit rules, for the HYPE spot market opening.
- Hyperliquid is a Layer 1 blockchain with a focus on a fully on-chain open financial system.
OKX has announced the listing of Hyperliquid (HYPE) on its spot trading markets. The listing will follow a specific timeline, with HYPE deposits opening at 7:30 am UTC on November 3, 2025. The pre-open session is scheduled from 1:30 pm to 2:30 pm UTC on the same day, followed by the commencement of HYPE/USDT spot trading at 2:30 pm UTC. Withdrawals for HYPE will be available starting at 2:00 am UTC on November 4, 2025.
Spot Market Opening and Risk Control
OKX has implemented specific risk control rules for the spot market opening of HYPE. During the pre-open session and continuous trading, index-based limit rules will be applied. These rules dictate the maximum bid and minimum ask prices based on the index price, with specific parameters (J, X, Y, Z) that OKX may adjust according to market conditions.
The pre-open mechanism allows users to submit buy and sell orders at desired prices within certain trading parameters before continuous trading begins. Orders placed during this session are subject to index price limits, and invalid orders are canceled at the session’s end. The final index price at the end of the pre-open session will serve as the initial price for continuous trading.
About Hyperliquid
Hyperliquid is a performant Layer 1 blockchain optimized for a fully on-chain open financial system. Its flagship application is the Hyperliquid DEX, a fully on-chain order book perpetuals exchange. The asset, Hyperliquid, is identified by the ticker HYPE and operates on the HyperEVM network.
For more details on the listing and trading rules, please visit the official announcement here.
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 for spot trading. Deposits open Nov 3, 2025, with trading starting at 2:30 pm UTC. Learn more about the listing details.){kind=link}