Binance restored Hyperliquid (HYPE) and Aptos (APT) withdrawals on November 8, ten days after the October 29 hack. The October 29 breach totaled $6.3 billion and forced a platform-wide withdrawal halt. Binance began phased reopening on November 1 starting with Bitcoin and selected assets across 15 blockchain networks, expanded to 51 Ethereum and Solana tokens on November 3, and named HYPE, APT, INJ, PLASMA, NEAR and LTC for reopening in its November 6 notice.
Binance Restores HYPE and APT Withdrawals on November 8
Binance re-enabled withdrawals for HYPE and APT on November 8. The November 8 withdrawal update lists both assets under a "New" heading. The restoration program already covers five Ethereum-network stablecoins: RLUSD, USD1, TUSD, FDUSD and XUSD. Earlier rounds reopened dozens of Ethereum and Solana tokens including Chainlink (LINK), Shiba Inu (SHIB), Pendle, Worldcoin (WLD), Ethena (ENA), Ondo, BONK, Jupiter (JUP), Render, Raydium (RAY) and Pyth Network (PYTH).
HYPE is the governance token behind the Hyperliquid ecosystem, a decentralized trading platform. HYPE traded near $77.12 on November 8, down 2.47% over 24 hours, with daily trading volume around $456 million. The seven-day loss stands close to 11.98%. Market data places APT down about 6.8% over seven days, with 24-hour trading volume close to $17.1 million.
Binance notes that withdrawal availability depends on the individual asset and its blockchain network. The notice does not confirm when every remaining service will return.
Phased Recovery Timeline From October 29 Breach
The October 29 attack forced Binance to suspend withdrawals while it investigated compromised systems. The exchange began reopening on November 1 with Bitcoin and selected assets across 15 blockchain networks after replenishing approximately 95% of affected assets.
On November 3 the program reached Ethereum and Solana tokens, covering 51 additional assets including LINK, SHIB, ONDO, BONK and Official Trump. In a November 3 post on X, the company said, "We will continue to restore additional assets and networks in phases as security checks are completed."
The November 6 recovery announcement named HYPE, APT, INJ, PLASMA, NEAR and LTC for reopening by the end of the following week. November 8 confirms two of the six assets. Binance has not said whether INJ, PLASMA, NEAR or LTC have cleared their checks.
Reserve verification for ten cryptocurrencies covering BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC was completed on November 2. The company committed to covering customer losses with corporate resources and its Secure Asset Fund for Users, which it plans to rebuild to roughly $1 billion.
FAQ
What did Binance restore on November 8?
Binance restored withdrawals for Hyperliquid (HYPE) and Aptos (APT) on November 8, ten days after the October 29 hack that totaled $6.3 billion.
When did Binance begin phased reopening after the October 29 breach?
Binance began phased reopening on November 1 with Bitcoin and selected assets across 15 blockchain networks, expanded to 51 Ethereum and Solana tokens on November 3, and named HYPE, APT, INJ, PLASMA, NEAR and LTC for reopening in its November 6 notice.
What was HYPE's price on November 8?
HYPE traded near $77.12 on November 8, down 2.47% over 24 hours, with a seven-day loss close to 11.98%.
