Honestly, everyone gets it: that “opportunity” you think you see on-chain is often just someone else getting you to cover their transaction fees. I stare at the mempool like it’s a radar—when certain swaps come in, I feel like I’ve seen it before: gas suddenly spikes, the same batch of addresses shuffles into position right in sequence, and the price difference looks really tempting. But when you actually do the numbers, the “meat” you could have eaten is already cleaned up by sandwiches—leaving me stuck in the middle. I don’t chase that kind of “obvious, open-book arbitrage” anymore; I’d rather make a little less than end up pinned on someone else’s route.

By the way, lately people have been arguing loudly about NFT royalties, but once secondary liquidity really starts churning, both creators and retail traders start doubting each other—just like this on-chain setup: every “cost” you pay, is it going to the system, or to the person who’s faster?

That’s it for now—keep watching the market.