Hyperliquid and Binance’s Clash Over Token Listings Criteria

The listing dispute between Binance and Hyperliquid highlights tensions over fairness, transparency, and trust in crypto trading platforms.

Business Oct 15, 2025 0 35 Add to Reading List

Hyperliquid and Binance’s Clash Over Token Listings Criteria

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The clash between Binance and Hyperliquid has heated up, sparking discussions in the crypto community. This debate started when Binance’s Co-Founder, Changpeng Zhao (CZ), stepped up to defend the exchange’s listing practices, stressing that reputable projects shouldn’t have to pay for their listings.

CZ responded on X, explaining, “If your project is strong, exchanges will race to list your coin. If you have to beg an exchange to list, then you need to ask yourself why.” He argued that exchanges adopt different models depending on their size, revenue, and listing strategy. Some charge fees, while others prefer user airdrops or deposits to prevent scams.

Unpopular opinion post:

On Listing "Fees" (saw this a few times recently)

1. If you are a project complaining about listing airdrops or "fees" (to users),

Don't pay it.

If your project is strong, exchanges will race to list your coin.

If you have to beg an exchange to list,… https://t.co/DtEMb4RdS0
— CZ
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