According to ChainCatcher, Jeff Dorman, CIO of digital asset investment firm Arca, said in an interview that Hyperliquid is the first project to truly achieve crypto’s “triple crown”: having its own L1 blockchain and earning revenue from DEX fees and stablecoin fees.
He believes that L1 tokens have little value in themselves unless they also generate revenue from DEX fees and stablecoin fees.
He believes that L1 tokens have little value in themselves unless they also generate revenue from DEX fees and stablecoin fees.