Fartcoin has surpassed Bitcoin in spot trading volume on the Hyperliquid platform, marking a notable shift in trading activity. The volume of Fartcoin on Hyperliquid is reported to be 4.4 times that of Solana (SOL) at present. A $1 million bid was recently placed at a price of $1.32. Hyperliquid is currently holding 68% of Arbitrum's USDC, amounting to approximately $2.9 billion. Additionally, $16 million worth of assets were bridged over Hyperliquid in the last 24 hours, the highest amount bridged on the platform during that period. The rapid clearing of unit deposits, reportedly within 5 seconds, has been confirmed. Market participants are discussing Hyperliquid as a potentially important platform for Ethereum, with some referring to the combination of Hyperliquid, Kaito, and Fartcoin as a significant trio in the market. Liquidity is emphasized as a key factor in this context.