Recently, I saw someone treat AMM as a piggy bank, saying "just throw it in and collect transaction fees while lying around"… I always want to laugh but also feel a bit anxious. The curve is very honest: once the price moves, your position is passively deformed; transaction fees are sugar, impermanent loss is salt, and whether it tastes good depends on how hot the market soup is.

By the way, don’t be too superstitious about those on-chain tags/tools. Recently, someone was complaining about lag and being misled, so now I mostly use them as a "weather forecast," not as navigation.

My own clumsy way to avoid impulsive orders: when I see a pool with a very attractive APR, I close the page, go get a glass of water, and when I come back, I only do two things—calculate whether I can accept the drawdown, and check the depth/slippage levels; if I’m still thinking "maybe I should withdraw," I don’t move first. Anyway, the market isn’t short of opportunities; what’s missing is me not being stupid.