[Nado Launches kHYPE Spot Trading and Supports its Use as Collateral] According to a TechFlow report on November 4th, Nado officially announced the listing of kHYPE spot trading, supporting its use as collateral for perpetual contract trading, spot trading, and lending. kHYPE is a Kraken-packaged version of HYPE. Kraken states that users can keep their HYPE in its custody system and use it on-chain via kHYPE.