Recently, @HyperliquidX HIP3 protocol has exploded in popularity, allowing stock perps, gold perps, and even Pokémon cards, CS skin items, etc., to be traded, making Hyperliquid momentarily shine, but many people have overlooked that the liquidity of @arbitrum_cn has also experienced a tremendous surge in the past.

That's right, the hotter Hyperliquid gets, the more Arbitrum can 'silently make a fortune'? Why do I say that?

1) A basic fact is that the USDC held by Hyperliquid mostly needs to be bridged from Arbitrum. Every time Hyperliquid launches a TSLA stock contract or a gold perp, a massive amount of USDC flows in from Arbitrum. This relationship is not 'incidental,' but structurally dependent.