Decentralized derivatives trade Hyperliquid has constantly outperformed conventional finance giants by way of quantity and web earnings.
DefiLlama knowledge estimates Hyperliquid’s annualized web earnings at $1.24 billion as of Sept. 12, exceeding Nasdaq’s $1.12 billion web earnings for the whole lot of 2024 by 11%.
The comparability positions the DeFi platform forward of one of many world’s largest inventory exchanges in web earnings, regardless of working with simply 11 staff members.
Moreover, knowledge from ASXN exhibits Nasdaq employed 9,162 individuals in 2024, producing a web earnings per worker ratio of $123,335.52.
Hyperliquid’s 11-person staff generates roughly $113 million per worker, establishing the best web income-to-employee ratio in world monetary markets.
Volumes surpass Robinhood
The buying and selling protocol posted $420.3 billion in whole buying and selling quantity throughout August, extending its profitable streak towards Robinhood to 4 consecutive months.
Robinhood printed August buying and selling figures on Sept. 11, revealing $227.5 billion in whole quantity throughout all merchandise.
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The breakdown included $199.2 billion from fairness buying and selling, $195.5 million from choices contracts, $13.7 billion from crypto buying and selling within the Robinhood App, and $14.4 billion from crypto buying and selling on the Bitstamp trade.
Hyperliquid processed $398 billion in perpetual contracts and $22.3 billion in spot buying and selling throughout the identical interval, making a $170.5 billion quantity benefit over the retail buying and selling platform. The August efficiency marks the platform’s strongest month-to-month displaying since starting its profitable streak towards Robinhood.
The amount comparability traces again to Might, when Hyperliquid first overtook Robinhood with $256 billion versus $192 billion, in response to knowledge shared by Jon Ma from Artemis.
June volumes reached $231 billion for Hyperliquid in comparison with Robinhood’s $193 billion, adopted by July’s $330.8 billion versus $237.8 billion efficiency. Its July benefit represented its largest month-to-month hole at 39.1% earlier than August’s outcomes widened the margin additional to just about 85%.
Amid these outcomes, Hyperliquid’s HYPE token registered a brand new all-time excessive of $57.30 on Sept. 12, up roughly 760% from its launch worth of $6.51 on Nov. 28, 2024.
The platform continues to reveal how decentralized exchanges can compete straight with established retail buying and selling platforms whereas sustaining lean operational constructions that generate outsized returns per worker.
