Recently, I saw a bunch of people saying "AMM just hanging around can earn trading fees," and it makes me a little anxious... That curve thing, to put it simply, is you betting against price fluctuations: up and down swings, the pool will automatically make you sell at higher prices and buy at lower prices, ultimately making the fees look pretty on paper, but actually being worn down by impermanent loss, especially during trending markets. Seeing others share their market-making profits also makes me a bit envious, but I wouldn't dare go all-in and lie down completely; the correlation changing makes it very awkward. Recently, modularization and the DA layer are being hyped up, making developers excited, while users are left confused. I’ll just diversify my positions for now—being able to sleep peacefully is more important.

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