SushiBackrunner

Just finished eating, scrolled through my feed, and saw a bunch of demos of AI agents doing automatic arbitrage and automatic interactions—talked up like it’s all just as real. Honestly, after doing MEV for so long, the thing I fear most is this “fully automated” narrative—how could there be so many perfect, closed loops on-chain?
For example, if you have an AI scan the mempool to front-run, the gas-bidding strategy alone is enough to make it pay dearly. And if it runs into sandwich robots that flip the tables, losses can come even faster than for humans. Then there’s the contract authorizatio

I just checked some on-chain data and almost got taken in. One protocol’s funding rate got so extreme it was ridiculous, and the chat blew up—people were arguing nonstop. Some said it was a reversal signal, while others shouted to keep squeezing the bubble. I thought I’d first check the mempool and block times, and then I found that the RPC node latency had been close to two seconds, and the indexer was also stuck for several blocks. By the time you see this stuff, everyone else is already long gone.
To put it plainly, a lot of what’s called “real-time” on-chain is often an illusion. Especiall

Over the past couple of days, the narrative around AI Agents has been pretty lively—automated trading and all that. Put simply, it’s just robots running on-chain. But for retail investors, sometimes I really feel that researching block builders, bundles, and the underlying games doesn’t help much. Knowing that these people are trying to grab your orders is enough. Knowing which parameters to check to prevent order-catch/“sandwich” attacks is enough. Don’t force yourself to hard-slog through the whole MEV auction-style bidding setup—it’s easy to end up looping yourself into it. In any case, the

The moment the Federal Reserve kept rates steady, I felt something was off: money got more expensive, so funds naturally leave high-risk setups faster. Don’t keep staring at the K-line—interest rates are the water faucet. Tighten them one notch and the market shrinks along by a similar amount. Anyway, my positioning is very conservative now. I’ve already cooled down the urge to chase Memes; I only dare to do some defensive hedging around the core positions.
Someone will ask: so are you afraid now?
Honestly, it’s not like I’m not. But after watching so many liquidation routes and on-chain bat

Yesterday, I couldn't help myself and went into a pool that looked like it had decent depth. In the end, the slippage ate up half a percent of my profit. Damn—clearly I set a 5% limit, but when I placed the order, I got greedy by just a tiny bit, hit confirm before the liquidity had time to settle back. Looking back, it wasn’t really the slippage itself—it was my timing that was off. That minute, the order book was as chaotic as a sieve, and I insisted on squeezing in as the one to fill the hole.
Honestly, now the privacy-coin debate is getting heated. Do mixing services count as tools or as a

I just took a look at the mainnet gas, and it’s gone back up by quite a bit. Honestly, sometimes I find it really hard to decide: you cut over to Layer 2 to save that little bit of fee, but then withdrawing again takes half a day. If you happen to catch a market move and need the money urgently, that’s even more infuriating. What I’m doing now is this: for small amounts that aren’t urgent, I just toss them into Layer 2 and play around—like those re-staking “matryoshka dolls,” I’m not in a hurry anyway. If gas is low, then keep it low. But if I really need to change positions, or sell with a lo

To be honest, that little on-chain “cutting in line” thing is basically MEV bots front-running. You watch your transaction’s slippage get pulled higher, you buy at the top, and you think it’s just market volatility—when actually someone has lined up ahead of you. The anti-sniping idea is pretty simple: don’t hard-fight the bidding war; use some private transactions or a time lock. In any case, don’t foolishly rush straight into the public pool.
Recently, I’ve been seeing restaking and shared security getting criticized as being “matryoshka dolls.” Do the returns stacked on top of each other re

Lately everyone’s been talking about data availability, ordering, and finality—words that sound intimidating enough to make you stare blankly. But put simply, it all comes down to one line: whoever can secure the right to issue blocks is the one who can decide whether your transaction gets sandwiched. Bros have already been sandwiched on the main chain enough—now all this new DA-layer stuff and battles over orderers are basically just switching the battlefield to see who can run faster.
Today I kept seeing ETF fund flows and U.S. stock risk appetite forced into a “CP/couple” comparison with cr

To be honest, I was initially drawn to PFPs too. I thought, “Buy a membership, get into a community—pretty cool.” So what happened? Most projects died faster than I expected. I assumed buying a “status symbol” would appreciate—but it turned out that what appreciated was only the project team’s speed, along with my tuition.
Looking back, what brands can truly stand on is often not short-term hype, but something that can actually be made to work on-chain. For example, some RWA projects take U.S. Treasury bond yields on-chain and turn them into yield products. Honestly, that’s far more solid than

To be honest, the number of stars on GitHub doesn’t really mean much. I’ve seen a bunch of v2 audit reports written really beautifully, but the multisig upgrades are controlled by just two or three people. What you really need to look at is whether there’s a third-party audit, whether there’s a timelock, and whether changing multisig parameters requires everyone to vote and approve. During that stretch when hardware wallets were out of stock, phishing links came one after another—so I actually feel like at a time like this, security awareness matters even more than buying a new wallet. The hab

Just now I checked the on-chain data and saw a transfer path—it’s really kind of interesting. The two addresses involved are clearly unrelated, yet there are three or four hops in between, and in the end they both end up in the same DeFi pool—so is it a coincidence? Actually, each step lands right inside an arbitrage time window. Put plainly, when you break down this “coincidence,” it’s a prearranged game path. Ordinary people just watch the show, but the more I look, the more I feel it’s worth watching for—especially these indirect connections that are hard to spot even when they’re tied toge

Cutting losses is just like breaking up—if you drag it out, the longer it sits in your head, the more you start thinking, “What if it rebounds?” In the end, you lose more than the breakup fee. Last night I checked the funding rate—it was insanely extreme. A bunch of people were still yelling about a reversal. As for me, if we’re going to pop the bubble, then let it pop cleanly—don’t keep holding on until you get liquidated before you finally admit it. Cut earlier, and the funding you save can be used to buy another lesson next time—doesn’t that sound better?

My phone suddenly popped up a red dot out of nowhere, and it scared me almost into thinking my wallet got squeezed again. Turns out it was a yield comparison push for a certain RWA project—put U.S. Treasury yields side by side with on-chain yield products, and it looks pretty lively. But honestly, I’m a bit uneasy: if parallel sharding is moving that fast, liquidity may be floating around, but what’s the way out? Don’t get so fooled by those “new narratives” that you forget where your real fallback plan is. Anyway, like an old veteran, I’m more into watching for protection against being clippe

The RWA hype this round is pretty intense, but I’m honestly a bit worried about liquidity. To put it bluntly: when you move things like loans and mortgages onto the chain, the TVL looks like it’s rising—but how much actual buying and selling can on-chain trading volume really support? I’ve seen too many projects where the TVL is locked up tight, and the redemption terms are like a maze. Retail users walk in thinking they’ll be able to get out quickly, only to end up waiting half a day to leave. And in the meantime, they also get bitten by slippage and Peg issues.
Recently, a certain area raise

Recently I looked around at NFTs—the floor price has been falling pretty badly, but some projects are still hard at it, keeping themselves afloat by having the community call buy orders and sharing royalty revenues. Honestly, liquidity is too poor right now: there are fewer buyers and more sellers. When the floor price drops, people start panicking and dumping, and royalties shrink too. No matter how lively the community narratives are, they can’t hold up against a quiet market. That said, some projects do really know how to entertain—running a few fun activities to help keep the floor price s

After you’ve been doing on-chain transactions for a while, the thing you fear most is reconciling everything at year-end—seriously. The third time I filed my taxes, just sorting through wallet records took me two days; I almost threw my hard drive. Now I’ve learned my lesson: after every transaction, I screenshot it on the spot and add a note with the on-chain txid, or I use a small automatic bookkeeping tool—either way, I also label the gas fees separately. Bottom line: don’t assume your own brain can remember it all.
Those “social mining” fan coins feel great when you buy in—you get that rus

I suddenly realized that recently, testnet points have started to “compete” in terms of “expectation management.” Previously, you could just bridge across chains, run a node, and treat it purely as practice. But now, wow—before it’s even live, the community is already calculating the TGE unit price and benchmarking which airdrop to compare it with. 😅, honestly, this is the same kind of anxiety as selling pressure from token unlocks—everyone is calculating “when it’s least costly to run,” but when unlock day finally comes, once liquidity gets dumped, expectations instantly turn negative. My ap

I almost fat-fingered and tapped an AI-identified token-launch contract just now—good thing I’ve made it a habit to quickly check my positions before switching chains. 😅
Recently, there have been posts on Twitter like “Behind the XX coin is the XX market maker” and “On-chain data goes wild.” In the comments, a bunch of people rush in and chase the breakout. Honestly, if it’s celebrity signal-calling—especially the kind that says “This Meme has huge potential”—then if you actually believe it, you’d better just save yourself the trouble. I’ve seen too many people: they watch the chart suddenl

Recently, I’ve been seeing all kinds of PFP and membership card projects with over-the-top hype—things like “long-term brand value.” I’m thinking: how many of these can actually last and run for a full year? Plain and simple, it’s just changing the angle to siphon attention. You ask me whether to go in? Stop—first, check how much trading volume they’ve actually generated and whether the on-chain interactions are purely manufactured. Some AI Agent automated trading robots really are doing work, but are they safe? Trap-like programs are watching.
I’ve studied MEV for the past few years, and the

The idea of modularization sounds pretty impressive, but honestly, for most people, no matter how many layers the underlying stack has or how the consensus gets split, you can’t really feel it. The only change might be that transactions aren’t as congested, or that slippage is a bit smaller.
But is that enough? After researching the MEV auction stuff, what I care about more instead is: where does the user’s safety margin lie? Can modularization really defend against sandwich attacks? Some teams talk about “composability,” but in practice they’re outsourcing risk to a new chain.
To put it b