Hyperliquid's $2.6 Trillion Trading Volume Nearly Doubles Coinbase's $1.4 Trillion, Artemis Data Shows

Artemis data indicates that decentralized perpetuals exchange Hyperliquid has processed $2.6 trillion in trading volume, almost twice Coinbase's $1.4 trillion over the same period. Hyperliquid's token has risen 31.7% year-to-date in 2026, while Coinbase has fallen 27.0%, and the platform reported $822 million in revenue in 2025 and $79.1 million so far this year. Ripple's Ripple Prime brokerage is adding support for Hyperliquid, even as the exchange addresses an insider-trading case tied to leveraged shorts in its HYPE token.