Hello brothers, I am trader Zhu Yici. You who play high-frequency contracts may not know the existence of transaction fees, or even look down on them. However, you may not know that the transaction fees for frequent transactions may even exceed your principal, which is a huge expense.
Open the Binance APP - Funds - Contracts - Today's Profit and Loss - Funding and Transaction Fees, and you can see your transaction fees for the past year. For those who trade high-frequency contracts and have large positions, it may only take one month for your transaction fee expenses to exceed your principal.
Therefore, you must enable rebates, and the handling fees should be taken back. If you don’t enable rebates, the handling fees will all go to the market. If you enable rebates, the handling fees will be returned to your own account, which can save you at least hundreds or thousands of U in handling fees a month.
Recently, I have been researching the oracle track again. The reason is simple: Many new projects have increasingly complex on-chain behaviors, and the speed and customization capabilities of traditional oracles can no longer meet the current demands.
During this process, I seriously used Switchboard for the first time.
The most surprising thing for me was its "no permission required" and "easy customization of price feeds." In the past, pulling a new data source involved a heavy and slow process, often getting stuck in approvals; but on Switchboard, I can directly integrate Web2 or Web3 data myself, without any unnecessary barriers. The speed is indeed fast; the official claim is that it is about three hundred times faster than traditional solutions, and from my actual experience, the latency is indeed much lower.
I also specifically looked at its implementation on-chain. Projects like Jito, Drift, and Kamino are already using its data services, protecting on-chain value exceeding $5 billion. This indicates that this system is not just theoretical capability but is genuinely undertaking core business.
What concerns me more is the market capitalization. Such a scale of application, such speed and customization capabilities, are hardly seen in old-brand oracles, yet its current market cap is just over $10 million. To put it bluntly, the market has not yet priced its potential.
If you are also paying attention to the oracle track, or looking for oracle solutions that can adapt to new chains and new structures, Switchboard is worth trying yourself before making a judgment. I started from a simple trial, and my perception of this project changed. $SWTCH
Swarm Network ($TRUTH) is becoming increasingly important.
In this round of AI narrative, everyone is focusing on agents and tools, but only Swarm is working on more fundamental things—turning the 'truth' itself into a public infrastructure on the chain.
It is not about creating chatbots, but rather using thousands of AI agents to break down content on the internet into 'atomic claims', verifying and certifying them in real-time, building the world's first 'truth oracle'. This direction is very challenging, but also extremely valuable.
More importantly, Swarm has already surpassed the early product curve. Rollup News has processed over 3,000,000 verification requests, indicating that the demand from users is real. The technology is also well-chosen; Sui's high parallelism and object model are inherently suitable for multi-agent collaboration.
In my view, Swarm belongs to the type of project that has not yet been clearly priced by the market, but has an extremely high narrative ceiling. If it can continue to scale validation and land on the B-side, this will be a long-term track.
Brothers, hello everyone, I am the trader Zhu Yidan. Are you afraid of flying? Actually, I am quite scared. It's that feeling of putting your life in someone else's hands, the sense of loss of control that comes with weightlessness, and the almost 100% mortality rate in case of an accident. So, I avoid flying wherever I can take the high-speed train. I often think about death every time I fly, which leads me to contemplate the meaning of life. I used to ponder this question a lot during my school days, even becoming obsessed and getting stuck in a rut. Over the past few years, I've experienced a lot—low points in life, parting with life and death. I have come to a current answer, which is also my motto: 'Life is an experience, enjoy it to the fullest.'
In Dubai, winning an award can be considered a perfect ending for 2025. Thank you to the cryptocurrency industry, thank you Binance, thank you Binance Square, for allowing someone like me to stand on this grand stage!
Withdraw from Binance, choose the Shield, safe and worry-free!
币安C2C中文
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We will continue to optimize the service experience and welcome users to supervise and provide feedback.
After the last time shopping for clothes with Brother Fu at @福禄寿炒币版 at Vientiane City, this time I went to Sam's Club for groceries. In no time, the shopping cart was completely full. I must say, the spending power is incredibly strong. After checking out and calculating, I found it was less than 400u. Thinking about how I usually spend 1000-2000u on dogecoin, it's a sin, a sin. I must correct my values. If the bear market really comes, being conservative is not excessive; I need to ensure my cash flow for health.
Why I Started to Seriously Study ASP: Starting from a Surf Experience
In the last two days, I have been using Surf as my main entry point and casually checked a project called ASP in Binance Alpha.
To be honest, I didn’t plan to dig deep into ASP, I just wanted to give it a try: If I use Surf to study a completely unfamiliar new project, will it make this matter easier?
The result surprised me.
In the past, when looking at projects, the process was basically: open several tools, cut chains, translate interactions, then switch to another page to check history, and then go back to compare with the white paper. The whole process felt like piecing together a scattered set of Legos, which was time-consuming and energy-consuming.
In a situation where liquidity is exhausted, the project side cannot deliver at all, and 70% of the chips of altcoins are in their hands, which has led to a situation where there are neither sell orders nor buy orders, and the altcoins cannot drop further.
Unless the market has reached an irretrievable point, when the project side is in panic, they will adopt an attitude of selling as much as they can, because once altcoins are dumped, the chips are dispersed, and the cost of trying to bring them back up is higher than starting a new project.
The black swan on October 11th completely wiped out the last penny in retail investors' pockets, and the project side couldn't even find a counterpart to build short positions, only hoping for mainstream coins to stop falling, and to have a good market for selling around the Chinese New Year!
Crypto交易员朱一旦
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The big pancake and Ethereum are constantly probing the bottom to find new support levels, but careful friends should have noticed that a large part of the altcoins are not following the decline, which is an intriguing signal.
To avoid misleading others, let me say a few words of nonsense. The first scenario is that Bitcoin and Ethereum hit the bottom and rebound with fluctuations, while altcoins quickly recover and then face another wave of market activity.
The second scenario is that Bitcoin and Ethereum drop significantly again, leading to a complete collapse of altcoins.
What I am mentioning are possibilities or probabilities, a summary of past experiences. In any case, the fact that altcoins are not following the decline is a positive signal worth betting on.
However, there is a counterargument to this view: 'The mainstream just hasn't declined enough yet.'
Many fans only want accurate answers to whether the market will rise or fall, but real trading is not like that. It can only make vague predictions through trends, experience, and so on. However, prediction is not the key to success; the key is how to respond.
How to respond when the prediction is right, and how to respond when the prediction is wrong. Everyone has subjective consciousness, which inevitably leads to predictions during judgment. Due to luck or experience, you may predict correctly, but if your response is inadequate, you may not earn the profits you should have. Conversely, if you predict incorrectly and your response is also inadequate, then ending up at zero is your outcome!
Therefore, responding to market conditions is a skill you should possess more than predicting market conditions. Your predictions cannot be right every time, but your responses can improve over time!
In summary, the response strategy can be broadly encapsulated in four sentences: "Hold on when right, don't make small profits, cut losses when wrong, and don't lose big money."
The big pancake and Ethereum are constantly probing the bottom to find new support levels, but careful friends should have noticed that a large part of the altcoins are not following the decline, which is an intriguing signal.
To avoid misleading others, let me say a few words of nonsense. The first scenario is that Bitcoin and Ethereum hit the bottom and rebound with fluctuations, while altcoins quickly recover and then face another wave of market activity.
The second scenario is that Bitcoin and Ethereum drop significantly again, leading to a complete collapse of altcoins.
What I am mentioning are possibilities or probabilities, a summary of past experiences. In any case, the fact that altcoins are not following the decline is a positive signal worth betting on.
However, there is a counterargument to this view: 'The mainstream just hasn't declined enough yet.'
The market continues to decline, and Ethereum is close to breaking the 3000 mark. Since October, I have been reminding everyone to hold back and be aware of the downside risks. Although I am not proficient in so-called technical analysis, I am still sensitive to market trends. No one is calling me a backseat driver now!
In the live broadcast during July and August, I projected that the market would start to turn after the interest rate cut in September, reasoning that the expectations for the cut would materialize. However, the market will not start to rise just because of this slight cut; market liquidity will gradually be squeezed out.
Furthermore, the major cleaning on October 11 was terrifying not because it wiped out retail investors' money, but because even market makers suffered heavy losses. As the ignition point of the market, they are now unable to ignite the altcoin market due to this heavy blow.
So, does this mean we are in a bear market? I think so. If we drop another 3-4 rounds, wait for the interest rate to reach a reasonable level, and for liquidity to genuinely improve, the next wave of peaks will still arrive as scheduled.
I suggest holding back for now, minimizing aggressive trading strategies, and gradually building positions with dollar-cost averaging, waiting for the right time window or clear right-side opportunities!
Sometimes you need to charge forward, but at times you must also pause. Learn to time the market and learn to be in cash, and you will surpass many market participants. Let's encourage each other!