Today I was educated again in perpetuals... Staring at the order book thinking I could escape, but the oracle's price feed was a half beat slow, and the mark price dropped first. I could actually hold my position, but the liquidation line was based on it, and it just swept me out. The most frustrating part is that when the market recovered, I realized: it’s not that I was wrong about the direction, but that I was sentenced by the “delayed reality” first.

So now I really don’t dare to open too tight leverage when liquidity is low, especially during those sudden pull periods. I’d rather earn a little less. By the way, I want to complain about this airdrop season with the points system and anti-witching measures, making me do tasks during the day like working, and at night I still have to watch the fee rates and price feeds… My eyes are sore, my neck is stiff, anyway I’ll tone it down and stop impulsively adding to my positions.