According to the source, the post references a comparison between Aster and Hyperliquid and claims Binance Chain DEX perpetuals volume is undermining HYPE momentum, but the tweet does not include verifiable metrics or acceptable non-media sources. To deliver a trading-oriented, fully cited summary, please provide concrete figures (timeframe, 24h and 7d perps volume, open interest, funding rates, fee revenue, unique traders) and primary sources such as official protocol dashboards, on-chain analytics (e.g., Dune query IDs), or exchange transparency pages. Because the provided author is a crypto media outlet, attribution will be formatted as “According to the source...” unless you supply an alternative primary source for citation.

According to @KookCapitalLLC, Hyperliquid now has the highest revenue per employee globally, putting exchange efficiency in focus for market participants; source: @KookCapitalLLC on X, Aug 20, 2025. According to @KookCapitalLLC, revenue per employee has been a major investor talking point around Tether for years, making the comparison relevant for crypto valuation narratives; source: @KookCapitalLLC on X, Aug 20, 2025. According to @KookCapitalLLC, increased awareness from traditional finance could drive further attention to Hyperliquid based on this efficiency metric; source: @KookCapitalLLC on X, Aug 20, 2025.