In crypto, revenue tells part of the story. But profit margin reveals the truth about sustainability, capital efficiency, and long-term independence.
And right now, Hyperliquid is in a league of its own.
In public markets, profit margin is a core valuation metric. Tech companies with 70–80% gross margins are celebrated. In crypto, anything above 40% is rare.
Hyperliquid consistently operates above 95%.
This positions it not just as a leading DEX or trading protocol but as one of the most capital-efficient platforms in the entire blockchain sector.
GG @chameleon_jeff