Binance Alpha

To participate in Alpha, I went to Venus for leveraged borrowing—worked hard, but ended up with a profit of only 30U??? Binance Alpha is getting worse and worse. Yesterday I grabbed 60U in 30 minutes; luckily I hedged early and made 80U.

PerpDex

Var closed his SUI position today, took a massive loss. Going forward, hedging is essential. The weekly points distribution is just one day away. I’ve pumped several million in trading volume, opened BTC short positions to hedge against StandX. Suggest holding longer-term positions.

After studying StandX’s order point rules, manual trading with a 1% spread is still viable. Assuming BTC at $100K, placing a single BTC order above $99,000 yields over 99,000 points per day. If held for one hour, that’s roughly 99,000 / 24 points.

Decibel, the true child of APT, actually isn’t doing well—APT has been struggling, similar to SUI within the MOVE ecosystem. SUI has several times more token supply than APT, yet their prices are nearly identical now—market sentiment speaks volumes.

DeFi

Today I moved all my SUI liquidity pools to ETH, setting the range between 2800–3300. I’m bearish in the short term; historically, this range averages around 300% annualized returns.

Prediction Markets

Polymarket: Yesterday I bought BRVE’s FDV reaching $500M. Today it broke through—sold immediately while probability was high. Today I also participated in MetaDAO’s pre-sale, over $400M, aiming for $800M.

Rumor has it MetaDAO has insider momentum pushing upward.

Note: This article is for informational purposes only and does not constitute investment advice. DYOR.

Author: Evan, ChainThink

Reviewer: Charlie, ChainThink