Discussion

• @0xnairolf @0xnairolf on x

  ftx rugged us so hyperliquid could be born fair trade [image]

• @mamba248x @mamba248x on x

  I think everyone should read this article. Not just people who are pro Hyperliquid, but everyone who wants to compete as well. It is important to know who you are competing against. It is important to know how they operate, how they think, what makes them tick. When you are

• @jacksondahl Jackson Dahl on x

  A really fun read from the excellent @domcooke. From afar, few people seem to be more respected amongst “the heads” in hardcore crypto circles than @chameleon_jeff. And across different cohorts of people I respect, too. Much to still to prove—and a long game ahead with lots

• @antoniogm Antonio García Martínez on x

  Hyperliquid makes just over $100M of annual revenue per employee, or about 50x Apple, Meta, or your typical FAANG company. It's effectively the benchmark price for oil on off hours when the Iran war is kicking off, plus increasingly other real-world assets. Incredible arc.

• @0xzergs David on x

  jeff was likely worth >$200m before he started HLP btw. theres a gap between “the $10k in bank acct” to when he started hyperliquid. this was commonly discussed from anyone who heard/saw the initial fundraise discussion it doesnt discount his story/credibility, if anything,

• @defi_monk Monk on x

  Hyperliquid deserves to be way more viral outside of crypto. Jeff's story is too good to stay on CT.

• @enzo_gte Enzo on x

  The success of Hyperliquid and Perps DEXes are taken for granted now. The road to get there was (and still is) bumpy and for any builder over the past couple of years and required deep missionary faith. While there are things that I disagree with on Hyperliquid, we can agree

• @pangb0y @pangb0y on x

  - Studied for physics Olympiad cause he was bored - Left job at HFT firm after 8 months - Started his trading firm with $10k and made millions - Done with trading - Started Hyperliquid after FTX crash - Refused to pay Marketmakers - Refused $100M VC check @ $1B valuation -

• @colossusmag @colossusmag on x

  This is the story of Hyperliquid, the most profitable startup per employee on earth, told from a guarded office in Singapore. Last year, its team of 11 generated $900 million in profit. It's 3 years old, has never taken a dollar of venture capital, and is beginning to change how …

• @chilearmy123 Clemente on x

  Incredible read. Makes me proud to be in crypto, a feeling I haven't felt nearly as much as I used to Hats off to Hyperliquid and the team for having such amazing success - impossible not to root for them Hyperliquid

• @ringwraith10 Walter on x

  one of the few entrepreneur stories that are incredibly relatable colossus does a beautiful job in highlighting how that unique blend of grit, vision, and execution evolved over time should be required reading for every ambitious young person < 25

• @patrick_oshag Patrick OShaughnessy on x

  One single intern class (ten people) at HRT had ScaleAI founder Decagon founder Cognition founder Hyperliquid founder Almost $100B worth when combined [image]

• @dogetoshi Steven on x

  Wonder who this market maker was?🤔 [image]

• @morluto @morluto on x

  @colossusmag good article but lets be real he definitely had a monitor and this is just a weird thing to emphasize, to showcase humble beginnings [image]

• @abhitejxyz @abhitejxyz on x

  Honestly, one of the best profiles I've read in a long time. I could feel the gravity both as an active HL user and a builder. That's Yan and team's biggest win: making thousands of users genuinely invested. Hyperliquid represents the best of crypto.

• @aaalexhl @aaalexhl on x

  This industry is truly blessed to have a founder like Jeff After a decade of VCs sucking the value out of every single chain and product possible

• @caramelcoffee @caramelcoffee on x

  Hyperliquid lore is a must read

• @0xcharlota @0xcharlota on x

  i designed the Hyperliquid brand in the early days. Jeff and the team were — are — great collaborators from the start; sharp, open to ideas and humble. the ones who'll talk about the mechanics of global finance and then slide into impressionist painters and plush toys in one

• @weretuna Kohei on x

  This had me dying 💀😂😂 Dude acting like he invented something Perps have been in TradFi & CEX forever. Brother, you didn't invent nothing I'd rather leave crypto than building another generic casino product that literally everyone is already doing Chill on the victory face

• @chameleon_jeff @chameleon_jeff on x

  Thanks @domcooke for spending months on researching and writing this piece. Einstein once said, “If you can't explain it simply, you don't understand it well enough.” By that measure, Dom has blown me away with how deeply he came to understand Hyperliquid and what we're all

• @katiewav Katie Chiou on x

  “When I asked Yan for the hardest moment of 2025, he did not mention Jelly Jelly or the competitors or the bodyguard. He told me about API servers.” thought this was absolutely excellent writing—how do you point out the non-obvious (competition, hacks, number go up/down) ?

• @domcooke Dom Cooke on x

  Must remember to ask about skincare routines and product numbers, not just clothing brands, in my next reporting trip. I let the people down here.

• @domcooke Dom Cooke on x

  My latest profile. What I learned during a week in Singapore with Jeff Yan and the team behind Hyperliquid. https://colossus.com/...

• @nosleepjon @nosleepjon on x

  Greatness in sports is easy to understand. You see it on the field, you hear the player interviews, you watch the documentaries. Greatness in knowledge-based fields is much less dramatic, but should be just as impressive. Good read. [image]

• @alexmasmej Alex Masmej on x

  The disconnect between the CT narrative and this piece on Hyperliquid decentralization is striking Most compare HL to Ethereum, see fewer nodes and call it a glorified database But this piece shows how decentralized much of HL actually is: its EVM stack, the independent

• @colossusmag @colossusmag on x

  “People are just a bit too soft in general. The brain is an organ. If you need to work more hours, you can train for it.” —Jeffrey Yan [image]

• @galois_capital Galois Kevin on x

  What a legendary story. It's obvious to me now after reading this that no one else stood a chance.

• @rediamondjr Bob Diamond on x

  This is a must read. Period. Start reading, it is long but worthwhile for every serious investor in financial services.

• @ohryansbelt Ryan on x

  Colossus Magazine just published a deep profile on Jeffrey Yan, the 31-year-old behind Hyperliquid, a crypto trading exchange that generated over $900 million in profit last year with 11 employees. He turned down $100 million in VC funding, airdropped billions in tokens to [image…

• @johnpalmer John Palmer on x

  if he dropped a skincare product he could probably generate another $900M / yr

• @cryptopicsou @cryptopicsou on x

  “Yan stopped sleeping for weeks. He would go to bed at 1:30am and get woken at 3am by someone pinging him that things were breaking again. The team rewrote the servers from the ground up.” Jeff is on another level.

• @dschamis David Schamis on x

  This is long, and worth reading every word. I'll admit I listened to it on @elevenreader. It's rare to see a founder with the right vision at the right time who doesn't jump at the fast valuation event. This story is still being written, but if @chameleon_jeff and the team

• @patrick_oshag Patrick OShaughnessy on x

  “Markets for oil, silver, and the S&P 500 now trade on Hyperliquid around the clock, weekends included, and are growing roughly 40% week on week.” This weekend, my group chats were all citing hyperliquid S&P returns. 24/7 trading is here; the story of hyperliquid is incredible.

• @colossusmag @colossusmag on x

  “People still don't understand how special this was.” Trading exchanges face a cold-start problem. The conventional answer is to pay market makers so that anyone who arrives has someone to trade against. Yan did not pay anyone; he created HLP. [image]