According to @KookCapitalLLC on Twitter, the recent launch of perpetual contracts trading by Robinhood and Coinbase in the US is expected to drive significant customer acquisition and market awareness for Hyperliquid, a decentralized perpetuals exchange. The source highlights that while Robinhood and Coinbase will attract mass retail attention, Hyperliquid offers a superior product, enhanced user value, and advanced technology. This competitive differentiation positions Hyperliquid to benefit from increased user education and demand for perpetuals, potentially boosting trading volumes and liquidity on its platform (source: Twitter/@KookCapitalLLC, June 18, 2025). Traders should monitor user migration trends and the impact on decentralized perpetuals protocols following these high-profile launches.

According to @ThinkingUSD, Hyperliquid may have a stronger product offering compared to Coinbase perpetuals in the US, due to enhanced accessibility through multiple front ends, fiat onramps, and simplified product structures. This increased competition is expected to expand the overall crypto derivatives market rather than diminish opportunities for any single platform, providing traders with more options and liquidity (Source: Twitter/@ThinkingUSD, June 13, 2025).