Arca CIO: Hyperliquid First to Combine L1, DEX Fees and Stablecoin Fees

Cointime reports: Arca CIO Jeff Dorman said Hyperliquid is the first crypto project to achieve the industry’s “triple crown” by capturing its own L1 chain, DEX fees and stablecoin fees. In a Nov. 6 interview with TheRollup, Dorman argued an L1 token holds little value on its own unless the project also earns DEX and stablecoin fees, and that Hyperliquid has done so.