TLDR
- Binance reopened withdrawals for Hyperliquid’s HYPE and Aptos’s APT on November 8.
- The FBI and Chainalysis tied the roughly $6.3 billion October 29 hack to North Korea’s TraderTraitor group.
- HYPE’s custom Layer-1 network required longer audits, according to reports.
- HYPE traded near $77, down about 1.7% over 24 hours.
- Binance gave no timetable for INJ, PLASMA, NEAR or LTC.
Binance has restored withdrawals for Hyperliquid’s HYPE token and Aptos’s APT token. The update came on November 8, after audits of both networks were finished.
Binance co-founder and president Yi He confirmed the change in a post on X. HYPE was among the last major tokens to return after the exchange froze withdrawals following a security breach on October 29.
According to the FBI and Chainalysis, the North Korean hacking group known as TraderTraitor drained Binance’s hot wallets of about $6.3 billion. The theft took place in roughly 20 minutes.
Binance said it worked with Tether and Circle to block about $3 billion of the stolen funds. The exchange also pledged to cover 100% of user losses through its SAFU emergency fund.
Latest Withdrawal Update
Withdrawals have now been re-enabled for the following networks and assets:
New:
✅ HYPE
✅ APTAlready Enabled:
✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD
✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ,… https://t.co/lKFBGc4WCx— Binance (@binance) November 8, 2026
Why HYPE Took Longer
Binance began reopening withdrawals on November 1, starting with Bitcoin and selected assets on several networks. It ran audits across the Ethereum and Solana chains before restoring tokens in groups.
HYPE runs on its own Layer-1 blockchain, HyperEVM, rather than a standard Ethereum or Solana setup. Reports said auditing a custom network after a hack of this size requires extra time.
Some members of the Hyperliquid community said the delay was unfair. Critics described the pause as sabotage, pointing to a long-running dispute between Binance and Hyperliquid, a leading platform for on-chain derivatives trading.
In 2025, Hyperliquid founder Jeff Yan accused Binance of underreporting liquidation data after the market crash on October 10, 2025. Binance later delayed the spot listing of HYPE until September 24, 2026, and gave it a “Seed Tag,” a label used for higher-risk tokens.
Binance founder Changpeng Zhao rejected the accusations. He said strong decentralized exchanges help grow the overall market for the whole industry.
HYPE Price and Remaining Restrictions
HYPE traded near $77.37 after the announcement, down about 1.7% over 24 hours, according to CoinGecko. Its market value stood at $18.53 billion, with $450.38 million in daily trading volume.
The token moved between $76.69 and $78.14 during the day. Aptos’s APT token traded near $0.5944 at the time of the update.
Other data showed pressure on Hyperliquid. The Hyperliquidity Provider vault recorded $38.2 million in withdrawals, and its value has fallen about 20% from its September peak.
U.S. spot HYPE ETFs reportedly posted $7.96 million in net outflows on November 6. One large trader also held a $33 million short position on the token.
Binance’s November 8 notice also listed Ethereum and Solana assets already available. These included stablecoins such as RLUSD, USD1, TUSD, FDUSD and XUSD, along with tokens like LINK, SHIB, ONDO, BONK, Jupiter and Render.
The exchange did not say whether every network route for HYPE and APT is open. Availability can differ by blockchain, so users are told to check the selected asset and network before sending funds.
Binance said more assets and networks will return in phases as security checks finish. The notice did not give a new timetable and did not say whether INJ, PLASMA, NEAR or LTC had cleared their checks.
