The decentralized derivatives exchange Hyperliquid is demonstrating its superior strength by continuously outpacing traditional financial “giants” in both trading volume and net profit.
According to data from DefiLlama, as of September 12, the estimated annual net profit of Hyperliquid reached 1.24 billion USD, which is 11% higher than the annual net profit of Nasdaq (1.12 billion USD) for the year 2024. Notably, this DeFi platform operates with a mere team of 11 people.
Meanwhile, according to data from ASXN, Nasdaq has up to 9,162 employees in 2024, providing an average profit of 123,335.52 USD per employee. With Hyperliquid, this figure reaches around 113 million USD per person – the highest in the entire global financial market.
TVL of Hyperliquid skyrockets | DefiLlama## Volume surpasses Robinhood
In August, Hyperliquid recorded a total trading volume of 420.3 billion USD, marking the fourth consecutive month surpassing Robinhood.
Specifically, Robinhood announced that the trading volume for August reached $227.5 billion, including $199.2 billion from stocks, $195.5 million from options, $13.7 billion from crypto trading on the Robinhood app, and $14.4 billion from activities on the Bitstamp exchange.
During the same period, Hyperliquid processed 398 billion USD in perpetual contracts and 22.3 billion USD in spot trading, creating a gap of 170.5 billion USD compared to its competitor. This is also the largest difference since this platform began to surpass Robinhood in May.
- May: Hyperliquid $256 billion compared to $192 billion of Robinhood.
- June: 231 billion USD compared to 193 billion USD.
- July: 330.8 billion USD compared to 237.8 billion USD, a difference of 39.1%.
- August: 420.3 billion USD compared to 227.5 billion USD, the range widened to nearly 85%.
Alongside impressive business results, the HYPE token of Hyperliquid reached a new all-time high of 57.30 USD on September 12, increasing by more than 760% compared to the launch price of 6.51 USD on November 28, 2024.
These achievements show that decentralized exchanges can compete directly with traditional retail trading platforms while optimizing a lean operating model for superior efficiency.
Thach Sanh
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