I got rekt on perps. Balance now: $0.
Rules for this run:
– no leverage gambling
– no revenge trades
– only $0-entry stuff: testnets, points, quests, ambassador programs
I'll post every step with numbers, wins and fails.
Follow if you want a real log, not alpha calls
@dropsTom@HyperliquidX@Lighter_xyz@variational_io Not all early projects can be good. I have example with 01xyz. Was same logic like Lighter and Variational. But later on its migrate to N1 chain. For me it’s red flag
Balance now: $0.
Rebuilding with $0-entry stuff only: testnets, quests, points, ambassador programs. No leverage, no revenge trades.
I'll post the log with real numbers.
What's the worst "neutral" mistake you've made? 👇
I got rekt running a "delta-neutral" strategy on perp DEXs.
Except it wasn't neutral. Not even close.
Here's exactly what I did wrong, with real numbers 🧵
Real delta-neutral earns from funding, points or spread. Never from guessing price.
If you're waiting for a reversal, you're trading direction, whatever you call it.
Why @variational_io is the #1 perp DEX to farm right now 🧵
Points just traded OTC at $35 — up from $22 just days ago. Buy orders are already chasing higher.
Some quick math, using their own numbers:
Lighter’s current valuation (same zero-fee mechanic, already live) implies $60-90/point if Variational gets even a 2-3x re-rate post-TGE like Coinbase/Dragonfly-backed projects tend to