Blockchain trading platform Hyperliquid has surpassed Coinbase in trading volume, according to Artemis data. Hyperliquid's nominal trading volume reached $2.6 trillion, nearly double Coinbase's $1.4 trillion. Year-to-date, Hyperliquid's price performance has increased by 31.7%, while Coinbase has seen a decline of 27.0%, marking a significant divergence of approximately 58.7% in the short term.