Ren Zeping: Hyperliquid 11 people earn $900 million a year, changing Wall Street

The Weixin Official Accounts "Zeping Macro" managed by macro economist Ren Zeping recently published an article "11 people earn US$900 million a year, Hyperliquid changes Wall Street," turning its attention to the decentralized trading platform Hyperliquid and its Chinese co-founder Jeff Yan.<br /> <br /> The article pointed out that Hyperliquid has only 11 core team, but in 2025, its net profit will exceed US$900 million, and its per capita profit will exceed Apple, Nvidia and OpenAI.<br /> <br /> "Zeping Macro" said in the article that Hyperliquid relies on self-developed blockchain, on-chain transparent transactions, intelligent contract automatic execution and all-weather trading mechanisms, which is posing a challenge to the traditional model of relying on centralized intermediaries; at the same time, it extends the trading scope through HIP-3 to traditional financial assets such as crude oil and stock indexes.<br /> <br /> The article also mentioned that its core challenges