The notion of "hyperbolic angle" is really a contrived concept that is only used to better define an analogy between the hyperbolic functions as a parameterization of the hyperbola and the trigonometric functions as a parameterization of the circle.
The hyperbolic functions are not defined based on the traditional notion of an angle. They are, in fact, defined based on the area of an intercepted arc on the hyperbola.
To find the area of this intercepted arc using calculus and geometry, subtract the area under the curve from 1 to some x in quadrant I from the triangle created from the line that connects the origin $(0,0)$ with this point $(x,\sqrt{x^2 -1})$:
$\hskip2in$
\begin{align}
A &= \frac{1}{2}x\sqrt{x^2 -1} - \int _1 ^x \sqrt{x^2 -1}dx \\
&= \frac{1}{2}x\sqrt{x^2 -1} - \frac{1}{2}x\sqrt{x^2 -1} + \frac{1}{2}\ln(x + \sqrt{x^2-1}) \\
2A &= \ln(x + \sqrt{x^2-1})\\
e^{2A}&= x + \sqrt{x^2-1}\\
\end{align}
At this point, we can substitute $\sqrt{x^2-1}$ with $y$ for simplicity.
\begin{align}
e^{2A}&= x + y\\
e^{2A}(x-y)&= (x+y)(x-y)\\
e^{2A}(x-y)&= x^2-y^2\\
\end{align}
Because these equations describe a unit hyperbola $x^2 - y^2 = 1$, we can make this crucial substitution and derive the $e^x$ definition.
\begin{align}
e^{2A}(x-y)&= 1\\
e^{2A}&= \frac{1}{x-y}\\
e^{-2A}&= x-y\\
\end{align}
If we add $x+y$ (which, remember, is equal to $e^{2A}$) to this equation, the $y$'s will cancel.
\begin{align}
2x &= e^{-2A} + x + y \\
2x &= e^{-2A} + e^{2A} \\
x &= \frac{e^{-2A} + e^{2A}}{2} \\
\end{align}
We can find $y$ if we calculate $(x+y) - (x-y)$
\begin{align}
(x+y) - (x-y) &= e^{2A} - e^{-2A} \\
2y &= e^{2A} - e^{-2A} \\
y &= \frac{e^{-2A} - e^{2A}}{2}
\end{align}
If we treat these equations as functions themselves, we can now see where this $u = 2A$ definition comes from more evidently. Every $(x,y)$ on the graph $x^2 - y^2 = 1$ can be described in a relationship involving area $A$ times $2$ as proven above. We can substitute $2A$ with $u$ and call our argument $u$ whatever we want henceforth.
Here's an interactive Desmos graph I made to help illustrate the connection. It isn't a "formal proof", but I think its pretty cool.