Holly shit!!!! I haven't checked since around October it was 75 k then, really amazing at 125k.
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Holly shit!!!! I haven't checked since around October it was 75 k then, really amazing at 125k.
Quote:
Originally Posted by sonatine
do you see a long term play here?
Quote:
Originally Posted by TellafriendQuote:
Originally Posted by sonatine
do you see a long term play here?
market making on new dexs. i was going to say short perps on bloated shitcoins but much smarter and more well funded people than me have gotten swept trying.
some team showed up at a new dex and literally just opened/closed positions until they bled off like low 8 figures to the spread.
apparently they will be getting an airdrop worth like a solid billion united fucking states dollars.
like i cant imagine how to chart a long term profitable play here, least of all because theres a bunch of super realistic scenarios where all this goes to shit.
but people are making their fortunes now and the thing they all have in common is they are seeking the edge cases like vol farming or stat-arb etc.
it wont last because it never does but if you can whet your beak in the right stream, you will never be thirsty again.
or sell shovels; start a dex. ill bet you there will be gov subsidies for it sooner than later.