今週末にいくつかの堅実なプロトコルアップデートが展開されます! プラットフォーム手数料の 99% を買い戻しに向けることは、外部 MMer からの流動性がいかに堅調であるかを示しています。最終的に、HLPの唯一の目的は、ボラティリティ時に清算人として機能することかもしれません。 ハイパーリキッド

I think I've always had a dream about being free. When I was 14, I started with odds betting (soccer, hockey, basketball, tennis). At that time, I thought that $500 per month in profit was enough to live off. I was 14 and living at home, so my expenses weren't that big. I created a user on over 60 different bookies to get a deposit bonus and to get the best possible odds at all times. I created a “system” that worked well with low stakes, but it was impossible to scale due to bookmaker limitations. I even tried the Martingale strategy, which worked...until it didn't. Anyway, this kind of “work” made me believe that there had to be an alternative path out there instead of working the classic 9-5. I continued with odds betting regularly until I was 25 years old. In the end, I don't think my overall profit was that big, but at least it gave me some nice side income. Odds betting taught me about the Kelly criterion and to always bet on things with +EV. Let's say the odds for Real Madrid to win against Barcelona was 2.10 (47.6%), but after your analysis, you find that Real Madrid should have a probability of 55% to win the game. The odds should be 1.80 (100/1.80 = 55,5%). The difference between 2.10 and 1.80 is your +EV, and in the long run, you should be able to make a profit betting on value (assuming you are correct). This kind of thinking was valuable for my further journey in the equity market. Later on, I discovered stock market investing, and eventually crypto after meeting a guy who taught me a lot. Made some bank on Ethereum in 2021, which led me further down the altcoin path and DeFi yield strategies. DeFi feels much safer now in 2025, but the field is more competitive, and the yield is generally lower. I think what the smart people did was pivot over to points farming for tokenless protocols, see for example Ethena, instead of looking for classic yield farming as we did in 2021. With that said, it's still plenty of opportunities in this market. My advice to you is to follow the smaller accounts for "alpha". They are much hungrier and share lots of great stuff on Twitter/TG.