Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Recently, there's an interesting phenomenon — it seems that not many people are complaining about the fluctuations of U-price (USDT). But upon closer thought, this matter is actually quite sobering.
Many traders hold USDT to avoid market risks, only to find that stablecoins are not truly "stable." Especially in extreme market conditions, U-price premiums or discounts happen from time to time. Some people have suffered losses — they originally wanted to preserve capital, but ended up being caught at certain moments.
This might also be why everyone has accepted this risk — after all, stablecoins are supposed to serve as a hedge, but if a liquidity crisis or market volatility occurs, even leading stablecoins like USDT can experience premium phenomena. Instead of complaining every day, it's better to pay more attention to market trends and choose trading pairs with better liquidity.
---
Exactly, instead of waiting to be trapped, it's better to keep an eye on the market yourself and watch a few more times
---
Ah... I experienced a loss during extreme market conditions before, and since then I no longer trust U stablecoins
---
Liquidity is the key, choosing the wrong trading pair results in losses more than anything else
---
The default risk explanation is spot on, it's like being forced to accept reality
---
I've long noticed that U price fluctuations are much larger than I imagined, so I need to select more entry and exit points
Really, who still expects it to preserve capital? Liquidity is the key.
It's not just complaining; those who have suffered losses have all learned their lesson.
To put it simply, you need to be more observant and not blindly follow the trend.
This is what I've been saying all along: it seems safe but is actually the most dangerous.
---
Rather than relying on USDT for safety, it's better to be more vigilant and watch liquidity.
---
Basically, everyone has accepted this risk, and there's no point in complaining about it.
---
When a liquidity crisis hits, no one can save you; stablecoins are just an illusion.
---
This round of operations really requires more market observation; don't just foolishly wait for the coin price to recover.
---
The moment USDT premium appeared, I knew there was no real safe haven.
---
Default risk is actually just collective self-hypnosis. Since it's already like this, who dares to complain?
---
Stablecoins are a joke. In extreme market conditions, they still get beaten up. Liquidity is the key.
---
Exactly, instead of complaining about everything, it's better to watch the market more closely. Choosing trading pairs with good liquidity can indeed reduce losses.
---
Interesting, everyone knows the truth but pretends nothing's wrong. This is probably the current state of the crypto world.
---
So, you still need to understand risk management yourself. Don't expect stablecoins to truly guarantee capital preservation.
---
I just can't understand why everyone pretends not to see it. The USDT premium is so obvious.
---
This analysis is spot on. Good liquidity is a safe haven, not those false reputations.
Remembered it now. Last time during extreme market conditions, U price tricked me once, and I thought stablecoins were truly stable.
Basically, when choosing trading pairs, you need to be more careful. Don't put all your eggs in one basket.
Contract traders have now learned their lesson. Avoid trading with low liquidity pools.
The issue of U price fluctuations should have been taken seriously long ago. Why is no one complaining now...
It's speechless. If stablecoins are no longer stable, how can we hedge risks?
I've really been burned before. The U I hoarded was heavily premium and got whipped out. Now I even have some PTSD when I see U.
Instead of holding onto U and waiting to die, it's better to look for trading pairs with good liquidity, at least not to be so passive and manipulated.
Stablecoins are just ridiculous. No matter how much they are hyped up, they can't change their fundamental lack of liquidity.
This explanation makes sense, but I still habitually hold a little U just in case, anyway, I need a backup.