U.S. Coinbase Lists New Assets Including HYPE

On the 6th, Coinbase Markets, a major U.S. cryptocurrency exchange, listed three new assets: HyperLiquid (HYPE), Rainbow (RNBW), and Doodles (DOOD).

These assets are offered in USD denomination.

HyperLiquid operates a decentralized derivatives exchange based on its proprietary Layer 1 blockchain. Its annual active users are projected to increase more than fourfold from 300,000 to 1.4 million by 2025, positioning it to compete with major centralized exchanges like Coinbase and Binance.

The HYPE token has risen 30% since the beginning of the year, drawing attention from figures such as Arthur Hayes...