The post Hyperliquid Revenue Per Employee Beats Apple and Tether | US Crypto News appeared on BitcoinEthereumNews.com. Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to read how a decentralized derivatives exchange (DEX) is disrupting Wall Street’s efficiency metrics, outpacing giants like Tether, Nvidia, and even Apple on revenue per employee metrics. Crypto News of the Day: Hyperliquid Surpasses Apple and Tether With $102.4 Million Revenue Per Employee According to data compiled by DeFiLlama, Hyperliquid generates an estimated $1.127 billion in annual revenue with just 11 core contributors. That translates to $102.4 million in revenue per employee, the highest figure globally. In comparison, Tether’s per-employee revenue stands at $93 million. Despite its $400 billion annual sales machine, Apple produces just $2.4 million per employee. This success highlights the power of crypto’s lean operational models. Unlike traditional firms with sprawling headcounts, Hyperliquid’s structure allows a handful of developers and contributors to generate revenue rivaling that of some of the largest corporations. Jeff Yan, CEO and co-founder of Hyperliquid, recently confirmed that the protocol’s team numbers just 11. Revealing his management model for an 11-person team, Jeff admitted that while the team has its strengths, there is still room for improvement. Reportedly, Jeff Yan remains deeply involved in the technical work to maintain oversight of the overall architecture and performance. Further, the DEX also turns down venture capitalists, prioritizing self-funding. This stance comes as Jeff says traditional VC financing creates an illusion of progress by inflating valuations. Hyperliquid Founder: Why We Turned Down All Venture Capital? Jeff said Hyperliquid has been entirely self-funded and was not created for profit. He criticized traditional VC financing for creating an "illusion of progress" by inflating valuations, stressing that true progress… pic.twitter.com/cxF3pmYS5d — Wu Blockchain (@WuBlockchain) August 18, 2025 With DefiLlama estimating Hyperliquid’s annualized revenue at $1.127… The post Hyperliquid Revenue Per Employee Beats Apple and Tether | US Crypto News appeared on BitcoinEthereumNews.com. Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee to read how a decentralized derivatives exchange (DEX) is disrupting Wall Street’s efficiency metrics, outpacing giants like Tether, Nvidia, and even Apple on revenue per employee metrics. Crypto News of the Day: Hyperliquid Surpasses Apple and Tether With $102.4 Million Revenue Per Employee According to data compiled by DeFiLlama, Hyperliquid generates an estimated $1.127 billion in annual revenue with just 11 core contributors. That translates to $102.4 million in revenue per employee, the highest figure globally. In comparison, Tether’s per-employee revenue stands at $93 million. Despite its $400 billion annual sales machine, Apple produces just $2.4 million per employee. This success highlights the power of crypto’s lean operational models. Unlike traditional firms with sprawling headcounts, Hyperliquid’s structure allows a handful of developers and contributors to generate revenue rivaling that of some of the largest corporations. Jeff Yan, CEO and co-founder of Hyperliquid, recently confirmed that the protocol’s team numbers just 11. Revealing his management model for an 11-person team, Jeff admitted that while the team has its strengths, there is still room for improvement. Reportedly, Jeff Yan remains deeply involved in the technical work to maintain oversight of the overall architecture and performance. Further, the DEX also turns down venture capitalists, prioritizing self-funding. This stance comes as Jeff says traditional VC financing creates an illusion of progress by inflating valuations. Hyperliquid Founder: Why We Turned Down All Venture Capital? Jeff said Hyperliquid has been entirely self-funded and was not created for profit. He criticized traditional VC financing for creating an "illusion of progress" by inflating valuations, stressing that true progress… pic.twitter.com/cxF3pmYS5d — Wu Blockchain (@WuBlockchain) August 18, 2025 With DefiLlama estimating Hyperliquid’s annualized revenue at $1.127…

Hyperliquid Revenue Per Employee Beats Apple and Tether | US Crypto News

4 min read

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to read how a decentralized derivatives exchange (DEX) is disrupting Wall Street’s efficiency metrics, outpacing giants like Tether, Nvidia, and even Apple on revenue per employee metrics.

Crypto News of the Day: Hyperliquid Surpasses Apple and Tether With $102.4 Million Revenue Per Employee

According to data compiled by DeFiLlama, Hyperliquid generates an estimated $1.127 billion in annual revenue with just 11 core contributors. That translates to $102.4 million in revenue per employee, the highest figure globally.

In comparison, Tether’s per-employee revenue stands at $93 million. Despite its $400 billion annual sales machine, Apple produces just $2.4 million per employee.

This success highlights the power of crypto’s lean operational models. Unlike traditional firms with sprawling headcounts, Hyperliquid’s structure allows a handful of developers and contributors to generate revenue rivaling that of some of the largest corporations.

Jeff Yan, CEO and co-founder of Hyperliquid, recently confirmed that the protocol’s team numbers just 11.

Revealing his management model for an 11-person team, Jeff admitted that while the team has its strengths, there is still room for improvement.

Reportedly, Jeff Yan remains deeply involved in the technical work to maintain oversight of the overall architecture and performance.

Further, the DEX also turns down venture capitalists, prioritizing self-funding. This stance comes as Jeff says traditional VC financing creates an illusion of progress by inflating valuations.

With DefiLlama estimating Hyperliquid’s annualized revenue at $1.127 billion, the platform’s lean 11-person team positions it as a new benchmark for efficiency.

It aligns with a 2022 study, which found that DeFi platforms routinely achieve 50–70% higher revenue efficiency than traditional firms.

Hyperliquid appears to be the clearest example yet, pushing beyond niche success to rival mainstream enterprises.

Hyperliquid Dominates Blockchain Revenue

The decentralized exchange’s dominance is also visible at the ecosystem level. According to DeFiLlama, just nine protocols generated 87% of all distributed protocol revenue last week.

Hyperliquid, Solana meme coin launchpad Pump.fun, and Aerodrome account for 75% of the total. Hyperliquid alone captured 37% of blockchain revenue in July, highlighting its outsized role in the DeFi economy.

BeInCrypto reported that July’s record-breaking run was fueled by soaring demand for simple, high-volume derivatives trading.

Open interest, USDC inflows, and active trading volumes surged even as the exchange faced temporary outages that tested its scalability.

Looking ahead, Hyperliquid is preparing for its HIP-3 upgrade, a shift that would evolve the platform from a derivatives exchange into a full Web3 infrastructure layer.

The upgrade is designed to support decentralized applications and “smart derivatives,” extending the protocol’s role in the broader DeFi space.

This ambition puts Hyperliquid on a collision course with centralized exchanges and established DeFi hubs. If successful, it could cement the exchange as a trading venue and a foundational layer for decentralized finance (DeFi).

Meanwhile, by surpassing Apple, Tether, and Nvidia in per-capita efficiency, Hyperliquid forces a rethink of traditional corporate metrics.

While critics argue that comparisons with firms like OnlyFans or tech giants may overlook structural differences, the numbers are difficult to ignore

Chart of the Day

Hyperliquid tops revenue per employeeHyperliquid tops revenue per employee. Source: DefiLlama

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

  • Experts warn Bitcoin could face a 51% attack as mining centralizes.
  • China mulls yuan-backed stablecoin as Beijing makes a play against US dominance.
  • VanEck puts Bitcoin’s biggest detractors on blast with ‘Hall of Shame’ list.
  • Harvard economist calls out the US for failing on sensible crypto regulation.
  • Is Bitcoin becoming too expensive for retail investors?
  • Is MicroStrategy’s Bitcoin flywheel facing its first real stress test?
  • Ethereum price dip triggers million-dollar losses for traders.
  • HBAR price may repeat history as bearish squeeze strengthens.
  • XRP price drops 11% as holders appear stuck between hope and reality.

Crypto Equities Pre-Market Overview

CompanyAt the Close of August 19Pre-Market Overview
Strategy (MSTR)$336.57$339.75 (+0.94%)
Coinbase Global (COIN)$302.07$304.34 (+0.75%)
Galaxy Digital Holdings (GLXY)$24.10$23.99 (-0.44%)
MARA Holdings (MARA)$15.17$15.15 (-0.13%)
Riot Platforms (RIOT)$11.96$11.98 (+017%)
Core Scientific (CORZ)$14.35$14.32 (-0.21%)
Crypto equities market open race: Google Finance

The post Hyperliquid Revenue Per Employee Beats Apple and Tether | US Crypto News appeared first on BeInCrypto.

Source: https://beincrypto.com/hyperliquid-revenue-apple-tether-us-crypto-news/

Market Opportunity
Core DAO Logo
Core DAO Price(CORE)
$0.08505
$0.08505$0.08505
+2.00%
USD
Core DAO (CORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

GCC and India to sign terms for start of free trade talks

GCC and India to sign terms for start of free trade talks

The Gulf Cooperation Council (GCC) and India reportedly will sign terms of reference on Thursday to resume talks aimed at finalising a free trade agreement.  Indian
Share
Agbi2026/02/05 13:45
Powell Reiterates Fed’s Dual Mandate as Rate Strategy

Powell Reiterates Fed’s Dual Mandate as Rate Strategy

Detail: https://coincu.com/markets/powell-clarifies-fed-dual-mandate/
Share
Coinstats2025/09/18 09:41
‘One Battle After Another’ Hits Peak Popularity With 97% Rotten Tomatoes Score

‘One Battle After Another’ Hits Peak Popularity With 97% Rotten Tomatoes Score

The post ‘One Battle After Another’ Hits Peak Popularity With 97% Rotten Tomatoes Score appeared on BitcoinEthereumNews.com. ‘One Battle After Another’ is already being tipped for Oscar success Warner Bros It tends to take time to build interest in movies, even ones which seem to be sure-fire successes. In the era of social media, many movie fans want to read reviews from their counterparts rather than mainstream outlets. As a result, all but the biggest franchises usually only gain traction once they have been released. There are however exceptions to this rule and one is on the verge of release. Called One Battle After Another, it stars Leonardo DiCaprio as a washed-up delusional revolutionary who lives off grid with his teenage daughter. When one of his old enemies resurfaces and his daughter is abducted, the movie turns into a game of cat and mouse with car chases aplenty as well as the involvement of militias and mysterious organizations. The plot has a hint of 80s action extravaganza Commando but is actually loosely based on a book written by American author Thomas Pynchon. The movie hits a timely note as Pynchon is famous for sending up nefarious quasi-government organisations in his novels and director Paul Thomas Anderson continues that theme on screen. It has been seen as a political commentary and DiCaprio was a natural fit. His role combines the paranoia he portrayed in Howard Hughes biopic The Aviator with the comedic chases from his crime comedy Catch Me If You Can. DiCaprio is supported by an equally heavyweight cast led by Benicio del Toro as his accomplice and Sean Penn as his nemesis. One Battle After Another premiered in Los Angeles on September 8 and was met with universal acclaim. It has a critics’ rating of 97% on review aggregator Rotten Tomatoes but doesn’t yet have a single score from audiences as the film won’t be released…
Share
BitcoinEthereumNews2025/09/19 06:41