Something pretty interesting happened. I used to have some AARK, a perpdex on arb that went to zero a long time ago. I hadn’t paid attention to it since it was only worth 28u last time I checked. Just now, someone mentioned it, so I opened my wallet. It was still 28 at first, but after refreshing, it turned into 8,000. In the Perpdex space, HL was indeed the first to gain traction, but the real hype cycle only started when Binance actively tried to lead the charge in this sector. This kind of zeroed-out project making a comeback is yet another example of the market’s obsession with Perpdex. It shows that even the slightest angle for speculation can make it take off. Yep, 300x.