HYPE Sets Binance Spot Volume Record at $16.2 Billion in One Day

Hyperliquid's HYPE token rose about 20% as Binance recorded a one-day spot volume of $16.2 billion, a new high on the exchange. The volume record was about 4.5 times Binance's average of $3.6 billion per day over the previous month. On those rounded figures, it stood roughly $12.6 billion above the benchmark. Both numbers refer to HYPE spot activity on Binance, comparing one day with the market's average per day during the prior month. The $16.2 billion figure does not measure HYPE trading across all exchanges or in futures markets.