Just looking at those on-chain sandwich/arbitrage opportunities, my first reaction now isn't “Opportunity is here,” but rather “Am I paying fees for someone else”… to put it simply, you think you’re grabbing volatility, but others are grabbing your path and slippage. Sometimes I get that itch to jump in and “get in the race,” but when you算 it all out, winning once or twice isn’t enough to cover the times you get picked off later—and it can easily mess with your mindset.

Recently, the modularization and DA-layer narrative has been hot again, and developers are talking nonstop, while ordinary users are completely lost. It’s actually quite similar to this: you don’t have the mechanism figured out, and all the excitement is on someone else’s side. Just now, I turned off the switch that increases automatic slippage—I’d rather have fewer fills than turn into a withdrawal machine. For now, I’ll do it like this.