Due to unprecedented market manipulation in October 2025, there is no trust left in cryptocurrency trading. What kind of trading can exist if an asset with a billion-dollar market cap can crash by 80% in an instant?
For comparison, there was no such drop in #DeFi, and, for example, a loan secured by the #Sui coin in #DeFi held up, while on CEX exchanges it did not.
I have long planned to fully transition to #DeFi tools, using futures exclusively for hedging those positions.
I suggest we observe what comes of this.
1. Yesterday, I opened a position in the V3 liquidity pool in the #cbBTC/USDC pair on the #Solana network.
2. Since, to increase yield, I had to narrow the range in which the capital would operate (approximately 1050 USDC or 0.0115 BTC at the time of opening the position), to compensate, I opened a long position of 0.005 on futures with 3x leverage. Order details are in the screenshot.