People - @HyperliquidX is not built on @arbitrum - if you believe that you have been gaslit.
Hyperliquid integrates wth Arbitrum for its centralized bridged permissioned asset bridge HyperUnit.
The L1 of Hyperliquid has nothing to do with Ethereum or Arbitrum. Ondo is releasing their market on the L1 Ethereum and it will fail and be unusable.
Do not equate this to crypto. This is a poor decision by @OndoFinance and will introduce bad UX to tradfi who will assume this is all of crypto incorrectly.
The arguments I get are "Wall Street doesnt mind high fees" - rubbish, tradfi wants fast cheap transactions as much as we do. Try harder.
We are one industry and this is a bad decision for us all.
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