Nado lists kHYPE spot and supports it as collateral
Original headlineNado 上线 kHYPE 现货并支持其作为抵押品
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Nado has listed kHYPE spot and enabled it as collateral for perpetual futures, spot trading, and lending, per a November 4 announcement. kHYPE is Kraken's wrapped version of HYPE, allowing users to keep HYPE within Kraken's custody system while using it on-chain. The listing expands DeFi utility for Kraken-held HYPE by making it borrowable and tradable collateral on Nado. Watch for liquidity and open interest growth in kHYPE markets and for further wrapped-asset integrations across Nado and Kraken's ecosystem.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
kHYPE, Nado, Kraken, HYPE (HYPE)
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