...for the same reason retail kept using HL after S1 Because @HyperliquidX tends to reward loyalty wen no one is watching. Furthermore, Lighter still has less alt coin liquidity, larger spreads to make up for no fees, and it is not battle tested compared to HL. Dont get me wrong. Lighter is great but I think rumors of Hyperliquid's demise are greatly exaggerated.(CryptoCondom)