Lately I've been thinking about MEV. Basically, it's when someone on the chain can "cut in line." You think you're ordering transactions in sequence, but in reality, the order can be bought out. The biggest impact isn't necessarily on large traders; it's on folks like me who set up grid trading and rebalancing: slippage and execution prices are gradually eaten away. You can't see it in backtests, but when it actually runs, it feels like sand in your shoes, grinding annoyingly.

Seeing people compare on-chain yield products with RWA, like US Treasury yields, I can understand why everyone wants to find something "more fair and predictable," but if the on-chain sorting mechanism isn't clearly explained first, even good returns always seem to have hidden traps. Anyway, I stick to my old approach: splitting orders more, setting limit prices a bit tighter, avoiding crowded hot zones as much as possible, and not chasing after every spike... I still believe that a good process can beat emotions, even if just a little.