Artemis CEO Jon Ma announced that Hyperliquid has achieved $832.9 million in last twelve months (LTM) revenue. The company is valued at $7 billion, resulting in a price-to-sales (P/S) ratio of 8.4x. In comparison, Robinhood holds a market cap of $67.5 billion with $4.5 billion in LTM revenue and a P/S ratio of 15.1x, while Coinbase has a market cap of $44 billion, $6.9 billion in LTM revenue, and a P/S ratio of 6.4x.