Recently, many people are staring at sandwiches and arbitrage with bright eyes, but honestly, the "opportunities" you see on the chain are often just transaction fees that others have already factored into their bundled order. You use a regular wallet to perform a swap, with a nonce lock and slippage tolerance loosened, and the next second you get front-run. Don’t tell me you’re “participating in a game of strategy”… most likely, you’re just meat in the liquidity pool.

What’s even more annoying is that the economic collapse of chain games looks pretty similar: once inflation kicks in and studios start minting, token prices begin to spiral downward, and in the end, everyone is fighting for the last bit of liquidity. It looks lively on-chain, but in reality, it’s just draining each other. Anyway, I now prefer to act less and first check where the mempool/failed transactions pile up before trading—don’t treat “arbitrage” as a side hustle. How about you?