Data: Hyperliquid's 24-hour spot trading volume reached $640 million, on par with Coinbase's Bitcoin spot trading volume

According to TechFlow, on December 23, crypto KOL Ansem wrote, "After seeing more and more impacts of centralized exchanges (CEX) compared with Hyperliquid data, I started to check these numbers frequently, and I was surprised at how small the gap between them was."

Data shows that HYPE's 24-hour spot trading volume reached approximately US$640 million, which is basically the same as the Bitcoin spot trading volume on Coinbase.