Decentralized derivatives alternate Hyperliquid has constantly outperformed conventional finance giants when it comes to quantity and internet earnings.
DefiLlama knowledge estimates Hyperliquid’s annualized internet earnings at $1.24 billion as of Sept. 12, exceeding Nasdaq’s $1.12 billion internet earnings for the whole thing of 2024 by 11%.
The comparability positions the DeFi platform forward of one of many world’s largest inventory exchanges in internet earnings, regardless of working with simply 11 staff members.
Moreover, knowledge from ASXN reveals Nasdaq employed 9,162 individuals in 2024, producing a internet earnings per worker ratio of $123,335.52.
Hyperliquid’s 11-person staff generates roughly $113 million per worker, establishing the very best internet income-to-employee ratio in international monetary markets.
Volumes surpass Robinhood
The buying and selling protocol posted $420.3 billion in whole buying and selling quantity throughout August, extending its successful streak in opposition to 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.
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 alternate.
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 successful streak in opposition to 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 almost 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 value of $6.51 on Nov. 28, 2024.
The platform continues to display how decentralized exchanges can compete straight with established retail buying and selling platforms whereas sustaining lean operational constructions that generate outsized returns per worker.
