Trader Earns $5M with Arbitrage Bot on HyperEVM and Hyperliquid

Slightly positive impact

A trader made $5 million using an arbitrage bot exploiting price differences between HyperEVM and Hyperliquid, with opportunities due to HyperEVM's 2-second block times. The bot executed trades when price disparities exceeded 0.15% profit after fees, handling $200-300k daily volume initially.