On the QWIIC PiHat adapter the 3.3v through hole connector is connected to the 3.3v of each of the 4 ports, however it is not connected to the 3.3v on pin 1 or pin 17 of the Raspberry Pi GPIO header when I did a continuity test. Looking at the board, it looks like there is a voltage regulator(?) that takes 5V from the pi and and steps it down to 3.3v.
Is this because 4 devices running on 3.3v could potentially draw more current than the pi can provide from it’s 3.3V power bus?