New data from Artemis shows that Hyperliquid, an on-chain derivatives platform, has overtaken Coinbase in notional trading volume. Notably, Coinbase is revered as the largest US-based exchange by trading volume. Hyperliquid’s ascent is forcing the crypto industry to reassess long-held assumptions about where serious trading activity takes place. Hyperliquid Surpasses Coinbase in Trading Volume According to Artemis, Hyperliquid recorded roughly $2
source: https://beincrypto.com/hyperliquid-doubles-coinbase-trading-volume/