The decentralized derivatives exchange Hyperliquid has set a global record with an average revenue generation ability of $10.6 million per person, far surpassing traditional tech giants and previous record holder Tether. The platform achieves an annualized income of $1.167 billion with just an 11-member core team, and its automated operating model sets a new benchmark for efficiency in the DeFi industry. This article will deeply analyze Hyperliquid's operating model and revenue structure. Global Ranking of Revenue Generation per Person: Hyperliquid Tops the List The latest data shows that Hyperliquid ranks first globally with an average revenue generation ability of $10.6 million per person, 14% higher than the second-place Tether Limited at $9.3 million. The social platform OnlyFans ranks third with $3.76 million, while traditional tech giants Nvidia, Apple, and Meta have average revenues of only $3.6 million, $2.4 million, and $2.2 million, respectively, which are less than a quarter of Hyperliquid's. Extremely Streamlined Team Structure: 11 People Create Industry Miracles According to CEO and co-founder Jeff Yan, this decentralized derivatives exchange is operated by just 11 core contributors. Based on estimates from DefiLlama as of August 20, this mini team achieves an annualized income of up to $1.167 billion, demonstrating the high operational efficiency of decentralized protocols.