Chart showing Hyperliquid's onchain trading volume surge past Coinbase, representing a major shift in crypto markets.
Blockchain News

Hyperliquid Stuns Markets by Overtaking Coinbase with $2.6 Trillion Onchain Trading Surge

Global, April 2025: The cryptocurrency landscape has witnessed a seismic shift in market structure. Data from analytics firm Artemis reveals that the onchain perpetual futures exchange Hyperliquid has processed a staggering $2.6 trillion in notional trading volume, decisively overtaking the spot trading volume of industry titan Coinbase. This milestone represents more than a statistical anomaly; […]