Recently came across a few new blockchain game pools, at first glance the depth seemed okay, but second glance the slippage made me want to laugh: once the output starts, everyone is like clocking in for work, claiming tokens → selling → adding liquidity (or just withdrawing), and the pool is slowly drained by inflation. To put it simply, it’s not that “no one is playing,” but that tokens are issued too frequently and used too little, selling pressure arrives on time every day, DEX depth gets thinner day by day, and in the end, all that’s left are exaggerated slippage and a bunch of orders self-entertaining.

What’s even more embarrassing is that now people are still arguing about rate cut expectations, the dollar index, and so on, risk assets go up and down together, and with the market sentiment swinging, blockchain games that rely on continuous new buyers are even more likely to be exposed. I don’t really care about the storyline of blockchain games now, I focus more on the output curve and real consumption scenarios… otherwise, no matter how good the “economic system” looks, it’s just a leaky bucket.