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  <schemaVersion>X0202</schemaVersion>
  <headerData>
    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <credentials>
          <cik>0001478735</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2026</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2026</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>TWO SIGMA ADVISERS, LP</name>
        <address>
          <com:street1>100 AVENUE OF THE AMERICAS</com:street1>
          <com:street2>16TH FLOOR</com:street2>
          <com:city>NEW YORK</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10013</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-14367</form13FFileNumber>
      <crdNumber>000152254</crdNumber>
      <secFileNumber>801-71110</secFileNumber>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>This Form 13F Holdings Report (the "Report") is being filed on behalf of Two Sigma Advisers, LP ("TSA").  As of January 1, 2026, TSA no longer provides services to any clients or manages any client assets and no longer has or shares investment discretion over 13(f) securities.  In accordance with Rule 13f-1(a)(1), TSA is filing a Report for each of the first three quarters of 2026, but such Reports include no holdings.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>Steve H. Metzger</name>
      <title>General Counsel</title>
      <phone>212-625-5700</phone>
      <signature>/s/ Steve H. Metzger</signature>
      <city>New York</city>
      <stateOrCountry>NY</stateOrCountry>
      <signatureDate>05-15-2026</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
      <tableEntryTotal>1</tableEntryTotal>
      <tableValueTotal>0</tableValueTotal>
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