Binance withdrawal outage: HYPE and APT reopen, but 205 of 518 traded coins still have no open route

What reopened on November 8

PANews and ChainCatcher carried the same update. Both say more assets and networks will return in phases as security checks finish. Neither gives a date for the next batch.

The coin list agrees with those reports on the two named assets. At 18:51 SGT, HYPE on the Hyperliquid network and APT on the Aptos network both showed withdrawals enabled. Binance listed these terms:

At the same read, HYPE last traded at $77.11 on Binance and APT at $0.5891. At that APT price the 0.05 APT fee comes to about $0.03 (0.05 × $0.5891).

The Aptos reopening is narrower than it sounds. APT itself can leave on Aptos, but the same list shows USDT and USDC on Aptos still closed, each with a message saying withdrawals are halted while Binance replenishes the hot wallet. Anyone holding Aptos stablecoins on Binance gets nothing from this update.

The count: what our read of the coin list shows

Binance tells users to check the withdrawal page or its network status page for availability. We read the public data behind those pages once, at 18:51 SGT on November 8, and counted only coins marked as trading.

The arithmetic: 518 − 313 = 205 coins, or 39.6%. For routes, 864 − 423 = 441, or 51%.

Those totals overstate the incident's direct effect, because the list gives a reason for each closed route and the reasons differ:

Only the 156 hot-wallet routes, spread across 123 coins, name the wallet refill directly. The 35 "not supported" routes look like ordinary network limits. The 215 maintenance routes are the unclear group: that wording is also what Binance uses in normal times, so we cannot say how many of them date from the incident.

Which coins are still stuck, and where

The useful split is between coins with a usable route, coins with only a wrapped route, and coins with none. All of this is from the 18:51 SGT read.

Two rows deserve a second look.

ETH on Optimism was in Binance's Recovery Update #9, published November 6, as an asset planned to resume. Two days later the list still showed it closed with the hot-wallet message. That update warned that listed assets would not all open at once, and this is a live example.

LTC, INJ and NEAR were three of the six assets named in the earlier reports on the reopening plan, alongside HYPE, APT and PLASMA. HYPE and APT now have their native routes. The other four do not. A coin can show as withdrawable in a summary while the only open door is BNB Smart Chain, so the destination has to accept that network.

How much of the last plan has actually shipped

Update #9 gives a useful test, because it lists exact network and asset pairs. We checked all 58 pairs against the 18:51 SGT list. 52 were open, about 90%, two days after the rollout began at 04:00 UTC on November 6. Six were closed: EUL and MMT on BSC, AXL on Base and Arbitrum, ETH on Optimism, and U on Tron.

So once Binance names a pair, it has mostly opened within two days. A coin that has not been named has no such signal, and Binance publishes no order beyond saying it prioritizes user demand. The U on Tron entry now shows a "not supported" message, which is a reminder to read the message on your route as well as the open or closed status.

Stablecoins and networks: the routes most people need

Most transfers out of an exchange are stablecoins, and those routes are in better shape than the coin totals suggest.

USDC on Avalanche C-Chain is still closed, while USDT on the same chain is open. A route that worked for one stablecoin tells you nothing about the other, even on one chain.

By network, again counting only trading coins, Solana is furthest along with 39 of 41 routes open (95%) and Avalanche C-Chain has 9 of 10. BSC has 187 of 309 (61%) and Ethereum has 126 of 215 (59%). Base is at 14 of 35 (40%). Also, 117 trading coins have only one route listed and it is closed, so those holders have no alternative network to try.

Did the closure move prices?

We checked whether being unable to withdraw left these two coins trading at a discount or premium on Binance. It did not, at least at hourly resolution. We compared hourly closes in Binance's public HYPEUSDT market data with OKX's public HYPE-USDT market data over 72 hourly candles, the last one opening at 18:00 SGT on November 8, and did the same for APT.

At the 18:51 SGT read, HYPE was $77.11 on Binance against $77.092 on OKX, and APT was $0.5891 against $0.5895. Our interpretation: traders were willing to treat Binance balances of these two coins as worth the same as OKX balances well before the routes opened. That covers two liquid coins over three days. It says nothing about the 205 coins still shut, and small caps may behave differently.

So there is little reason to rush a HYPE or APT transfer to capture a price gap, because no meaningful gap existed. Move these coins if you need them elsewhere.

What to do if your funds are on Binance

Start from the transfer you actually need.

1. Open the withdrawal page for your coin and pick the network. The coin list can lag your account view, and your screen decides what you can send.
2. If only BSC is open, confirm that your destination accepts that coin on BNB Smart Chain. Binance's deposit guide explains that the network must match on both sides. Sending to an address on another network can lose the funds.
3. Test with a small amount above the minimum when the destination is new to you. For APT that means more than 0.6 APT.
4. Hold off on new deposits of a coin you may need to move soon. Binance says deposits remain open, and 402 routes accept deposits while their withdrawals are closed, so money can go in on a route where it cannot yet come out.
5. Count a withdrawal as finished only when it has credited at the destination. Binance warns of delays during the rollout and says to retry after a short while if a withdrawal does not go through.

Expect phishing around each reopening. A message offering "early withdrawal access" or compensation through a link is a reason to close it. Binance says updates come through its official X channel and its withdrawal page.

Where the recovery stands

Binance said in Recovery Update #7 on November 4 that it had replenished about 98% of the impacted amount from its own resources and was still buying the remaining, less liquid tokens through market and OTC channels. The same update took a new proof-of-reserves snapshot at 00:00 UTC on November 4, covering 44 tokens, up from 10. That 2% and its illiquid tokens may help explain why the long tail of small coins is reopening last, though Binance has not stated that link. It says it is prioritizing tokens by user demand over the past week.

We previously covered the executive change at Binance after the theft. Liquidation and funding conditions across venues are on our liquidations and funding rates pages.

What we could not confirm

We did not open Binance's X post, so the HYPE and APT announcement here rests on Odaily, PANews and ChainCatcher plus the coin list. We read the list once and do not have a dated series for it, so we cannot say how fast the count is falling. Binance has not published a date for full reopening. We placed no live withdrawal, and account-level limits can differ from the public list.