$ARB
Arbitrum has attracted an amount equal to just under $1.2 billion, a large portion of which has come from the collaboration with the exchange HyperLiquid. Indeed, the transfer of USDC to and from the perpetual DEX takes place through Arbitrum's infrastructure, which has benefited in terms of stablecoin demand and capital flows. However, this also suggests that the money did not come to speculate on the native assets of the chain, thus not offering particular speculative advantages to the ARB coin.