Hyperliquid shows impressive efficiency, projecting an annualized revenue of ~$1.17B by 2025 with only 11 employees, resulting in a revenue per employee of ~$106M. This significantly outperforms Nasdaq, Inc.'s ~$891K revenue per employee, highlighting Hyperliquid's lean and highly productive operational model in the crypto derivatives space. Investors should note this high efficiency as a potential indicator of strong growth and profitability for Hyperliquid.