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How a Harvard grad helped make Hyperliquid the biggest new player in crypto—with just 11 people and no venture funding

January 12, 2026 Robert Harrington

The alarm jolted Jeff Yan awake at around 5:00 a.m. It was a ringtone designed to—among other scenarios—blare out when something abnormal occurs on Hyperliquid, the decentralized crypto exchange he had cofounded. And on this morning in early October, things were very abnormal indeed. READ MORE

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