A system for separating olefinic hydrocarbon and hydrogen in an effluent fluid stream from a dehydrogenation reactor includes a heat exchanger that receives and partially condenses the effluent fluid stream so that a mixed phase effluent stream is formed. A primary separation device receives and separates the mixed phase effluent stream into a primary vapor stream and a primary liquid product stream. A heat exchanger receives and partially condenses the primary vapor stream so that a mixed phase primary stream is formed. A secondary separation device receives and separates the mixed phase primary stream into a secondary vapor stream and a secondary liquid product stream. A heat exchanger receives and warms the secondary vapor stream to provide refrigeration for partially condensing the effluent fluid stream and a heat exchanger receives and warms the secondary vapor stream to provide refrigeration for partially condensing the primary vapor stream. A mixed refrigerant compression system provides refrigerant to a heat exchanger to provide refrigeration.