August 26, the crypto project HYPE reached an all-time high of $83, ranking ninth in the world by market capitalization. Behind it is Hyperliquid — a decentralized exchange, but what’s truly impressive is this: founder Jeff Yan (Chinese, a Harvard graduate, a former Wall Street quantitative trader) and his team of just 11 people in 2025 created profits of over $900 million — nearly a quarter of Binance (5,000 employees), with revenue per employee exceeding $80 million.
Hyperliquid does a simple thing: it builds on the blockchain a trading platform without barriers, where retail investors can take part in trades with high-quality assets that previously were monopolized by Wall Street and venture capitalists. The impact was immediate—when the AI company Cerebras went public, Wall Street’s pre-market forecasts missed by more than 200%, while on Hyperliquid the error was only 3%, because players around the world trade 24/7 and the price reflects the real situation.
Latest news: on August 19, Trump publicly backed a move to enter the U.S. market; the token price jumped 20% in a single day, and when the U.S. market opens, the potential is enormous. Risks: on August 29, more than 14 million HYPE (about $1.2 billion) will be unlocked, which may cause short-term fluctuations.
But in any case, a team of 11 geeks, with their code, is challenging age-old Wall Street rules. This story alone deserves attention. $HYPE
