Binance has re-enabled withdrawals for Hyperliquid’s native HYPE token and Aptos APT, advancing its staged recovery of services following a major security incident in late October. The update allows users to move these assets off the platform while additional tokens and networks remain under review.

The decision forms part of a gradual process that began after the exchange suspended withdrawals in response to the breach. Officials confirmed the two assets as the newest additions available for withdrawal, joining previously restored Ethereum and Solana tokens along with several stablecoins.

Background of the Security Incident

On October 29, attackers identified by the FBI and blockchain analytics firm Chainalysis as the North Korean group TraderTraitor extracted approximately $6.3 billion from Binance hot wallets in a short window. In response, the exchange worked with stablecoin issuers Tether and Circle to freeze about $3 billion in related assets. Binance committed to covering customer losses in full through its Secure Asset Fund for Users and began comprehensive audits of affected systems and networks.

Withdrawals of Bitcoin and selected assets across multiple blockchains resumed on November 1. Further expansions followed on November 3, covering additional Ethereum-based tokens such as LINK, SHIB, ONDO, PENDLE and Worldcoin, as well as Solana assets including BONK, Jupiter, Render, Raydium and Pyth. Stablecoins including RLUSD, USD1, TUSD, FDUSD and XUSD were also restored on the Ethereum network.

A November 6 update indicated that HYPE, APT, INJ, PLASMA, NEAR and LTC were targeted for reopening by the end of the following week once individual security reviews concluded. The November 8 notice confirmed HYPE and APT but did not state whether the remaining four assets had cleared their checks.

Technical Factors and Community Response

HYPE operates on Hyperliquid’s own HyperEVM Layer-1 blockchain, which differs from standard Ethereum Virtual Machine and Solana environments. This architecture required extended evaluation during the post-incident audits, contributing to the longer pause relative to other tokens. Binance stated that the delay stemmed from the need to verify platform security and protect user funds rather than any competitive considerations.

Hyperliquid’s community had expressed frustration over the extended restriction, with some raising concerns about potential unequal treatment given past tensions between the projects. Those earlier disputes included public comments in 2025 regarding market data and a delayed spot listing of HYPE until September 2026, when it received a Seed Tag designation. Binance co-founder and president Yi He addressed the situation by noting that meeting obligations to customers takes precedence over any business rivalry.

Availability continues to depend on both the specific asset and the chosen blockchain network. Restoring a token on one route does not automatically enable every supported path for that asset. Users have been directed to monitor official exchange notices for further changes as remaining reviews progress.

Market Conditions Around the Announcement

At the time of the update, HYPE traded near $77.12, with a 24-hour decline of roughly 1.6 percent to 2.5 percent depending on the data source. Market capitalization stood near $18.5 billion and daily volume around $450 million to $456 million. Aptos APT was quoted near $0.5944, down approximately 1.16 percent over the same period, with seven-day losses near 6.8 percent.

Separate on-chain activity showed the Hyperliquidity Provider vault experiencing $38.2 million in withdrawals and a roughly 20 percent decline in value from its September peak. U.S. spot ETF data recorded $7.96 million in net outflows for related products on November 6. These figures describe broader market conditions and do not establish a direct causal link to the withdrawal restoration.

Binance has not issued a complete public list of remaining restricted assets or a firm timeline for full restoration. The exchange continues to prioritize assets according to demand while completing security assessments of individual networks and wallet infrastructure. Further updates are expected through official channels as additional checks conclude.