According to @KookCapitalLLC, the decentralized exchange Hyperliquid ($HYPE) is projected to surpass Coinbase's ($COIN) market capitalization in the near future, as highlighted in the May 31, 2025 tweet. This statement reflects growing trader sentiment around Hyperliquid's rapid user growth and increasing trading volumes, which are attracting significant capital inflows in the crypto derivatives sector (source: @KookCapitalLLC, Twitter). For traders, this signals a potential market rotation from traditional centralized exchanges like Coinbase to emerging DeFi platforms such as Hyperliquid. Monitoring on-chain activity and liquidity shifts between $COIN and $HYPE could present actionable trading opportunities as the narrative gains traction and could affect both token prices and related derivatives.