Arca CIO Jeff Dorman Calls Hyperliquid First to Pair Its L1 With DEX and Stablecoin Fees

Arca Chief Investment Officer Jeff Dorman called Hyperliquid the first crypto project to combine its own layer-1 blockchain with fees from a decentralized exchange and stablecoin.

He argued that an L1 token has little value on its own unless the project also earns revenue from decentralized-exchange and stablecoin fees.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to [email protected].