I just stared at the gas on the cross-chain route for half a day again. To be honest, with that recent extreme funding rate, the community has been arguing endlessly—has it already reversed and is it continuing to squeeze out the bubble? I don’t know either. Anyway, I’ll just make sure my current assets are taken care of first.

Back to the wallet topic. Honestly, don’t overthink which type to choose—first look at how much “money you can’t afford to lose” you actually have. If it’s only a small amount like a few tens of thousands of USDT, a hardware wallet is enough: get one from Ledger or Trezor, keep the private key locked down, don’t take photos, don’t connect it to the internet—basically stable. But if your size keeps going up—say, tens of thousands of USDT or more—I get a little nervous relying on just one hardware wallet. What if it gets lost, breaks, or is targeted by a physical attack? So right now I’m using hardware + multisig: leave one share with the team, keep one share for myself. At least, it won’t all collapse because of a single point.

I tried social recovery for a while, and it feels suitable for people who don’t really want to manage private keys but are also afraid of losing them—for example, ask a few reliable friends to act as guardians. But to be honest, the bar is pretty high. If you truly need recovery, you have to gather everyone, and on-chain confirmations are also slow. I generally wouldn’t recommend it to beginners. Forget it—everyone’s risk tolerance is different. For now, my base is hardware, with multisig as the safety buffer. When the funding rate is this extreme, being more careful can only help.

I won’t chat more—go check whether the liquidity pools on Arbitrum over there have shrunk.