These days, I've been seeing a bunch of memes and celebrity calls for trading again, attention spans are moving so fast it's ridiculous. Newcomers really shouldn't keep thinking "I'll just lie in the pool and collect fees." AMM curves, in simple terms, mean you lock both assets in place according to rules. When prices drift, you'll be passively selling the rising asset and buying the falling one. Impermanent loss isn't just scare tactics; it's built into the mechanism.

My colleague asked me last night, "Is market making guaranteed to make money?" I could only say: fees are transparent income, while slippage and volatility are hidden costs. Especially in these emotional markets, the last to suffer is often not the traders but the LPs themselves taking the hit... Anyway, I now look at pools first for volatility and trading distribution; if it doesn't look right, I won't force it.