When fund fee rates are extreme, my first reaction isn't "front-run the other side to make a quick profit," but rather to focus on trade quality: Is the depth thin or not, will routing take a long detour, are there obvious traps waiting at the door. To put it simply, no matter how attractive the fee rate is, a slippage + getting caught once will teach you a lesson... What I do more often now is to avoid volatility first, wait until the sentiment cools down before acting, preferring to earn less than get slapped in the face.

Recently, everyone has been comparing RWA, US Treasury yields, and those "yield products" on-chain, and I can't help but chuckle: most of the on-chain yields are actually earned through volatility + leverage + liquidity costs, not free gains. Anyway, I treat simple strategies as traps, and I stay alert when I see the logic of "making a guaranteed profit with just one sentence." For now, I focus on survival, and will review the situation tomorrow.