The Currency analytics
By Pankaj K
Kraken added HYPE. The U.S. crypto exchange started trading Hyperliquid's token on January 28, 2026, at 15:00 UTC with HYPE/USD and HYPE/EUR pairs available for spot trading.
The move comes after HYPE's wild run last week. Token price jumped over 50% in seven days, hitting $3.50 by January 30 from $2.30 a week earlier.
Hyperliquid CEO Alex Chen said the Kraken partnership changes everything. "The listing on Kraken will significantly enhance the token's visibility and accessibility to a broader…
Market analysts can't ignore these numbers. HYPE went from $2.30 to $3.50 in a week - that's serious money for early holders. But some folks stay cautious about the rapid climb.
The exchange has strict rules for new additions. Kraken spokesperson Lisa Turner said on January 27 they "continually assess emerging tokens that demonstrate potential for growth.
Kraken wants more tokens on their platform. The exchange announced plans January 24 to add assets with "strong market performance and innovative use cases.
HYPE found new homes beyond Kraken too. DeFi Pulse reported January 26 that HYPE appeared in several liquidity pools across decentralized platforms.
Other exchanges want in. Hyperliquid reportedly talks with several major platforms about listing HYPE, though no deals got confirmed yet as of February 2.
Hyperliquid plans big announcements soon. The company will release an updated whitepaper February 1 detailing HYPE's roadmap for 2026.
Investment firms started watching HYPE closely. Nova Capital mentioned the token in their January 31 newsletter as a "potential high-growth asset.
Kraken prepared for increased activity around HYPE trading. The exchange allocated additional customer support resources to handle the surge, according to a February 3 statement.
But questions remain about Hyperliquid's operations. Kraken didn't share specifics about the protocol's strategies or future plans beyond the token listing.
HYPE's integration into Kraken's trading infrastructure continues this week. The exchange hasn't announced additional partnerships related to the token yet.
The token's rapid rise caught many by surprise. Seven days from $2.30 to $3.50 represents serious gains in crypto terms, but sustainability remains unclear.
Hyperliquid didn't specify exact timelines for additional exchange listings beyond the current Kraken deal.