Just now, while my screen was locked, a notification popped up: “Funding rate up to -0.1%.” My first reaction wasn’t excitement—it was the itch. With an extreme rate like 😅, either the shorts get squeezed into oblivion, or someone is deliberately manufacturing panic. In any case, I generally don’t dare to directly bet on direction against the order book—what if slippage and the funding rate end up strangling me together, from both sides? The more timid move is to simply dodge the volatility, lie low and earn stablecoin deposit interest. Sure, you make less, but at least you don’t have to crawl out of bed in the middle of the night just to watch the needles.

That said, lately there’s been a whole narrative about modular blockchains and the DA layer—developers hype it up to the skies. I stared at it for a while, and the only thing that really stuck was a metaphor of “Ethereum turning into LEGO.” In the end, users are left looking confused, and I can’t be bothered to dig any deeper. That’s it for now. If the itch strikes, I’ll test it with a small position—don’t fight with your money.