I just got educated by myself: thinking "I'll just top up the position," and ended up stepping into a slippage trap. The pool looks okay in terms of TVL, but the depth is actually very thin. I got impatient and used market orders, and the more I traded, the more the price drifted upward. After the trade, looking back, it felt like I paid an invisible tax, and my mindset just shattered on the spot.

The problem in the review isn't the direction, but the rhythm: splitting large orders into smaller ones, placing several orders, waiting a few seconds for the order book to refill—neglecting these details will cause the market to do it for you... By the way, I also thought about how recently everyone compares RWA, US bond yields, and on-chain yield products. Honestly, they're all looking for "stability," but whether on-chain is stable or not often depends on transaction costs and liquidity, not just APY.

I sound pessimistic: my heart breaks whenever TVL drops; I still add to positions, but next time I’ll focus on depth first, so I won’t be hit by the "invisible tax" again.