Coinbase's Base App now routes perpetual futures through Hyperliquid's matching engine, opening 𝟮𝟵𝟬+ 𝗽𝗲𝗿𝗽 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 — BTC, ETH, equities, commodities — at up to 𝟱𝟬𝘅 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲 for eligible users outside the U.S., U.K., and Canada. Perps account for roughly 75% of crypto trading volume and were among the most requested Base App features. The integration marks a pivot for Base App from social/creator features toward trading and payments. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Coinbase chose to build on Hyperliquid's engine rather than develop its own perp stack — major validation of Hyperliquid as infrastructure. Routing Coinbase's user base through Hyperliquid directly boosts volume and fee revenue. Geographic restrictions cap near-term impact, but the signal is clear: Hyperliquid is becoming the default perp layer for institutional crypto. For HYPE, this adds a structural demand driver — more protocol usage means more fee accrual. Traders on Hyperliquid should expect deeper liquidity and tighter spreads as Coinbase flow comes on-chain. Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2057(Hupzy (Spot On Chain))