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Let's #BTC# say what's going on just now, just the first good, pulled 23%, and then I took a look at it and drove with confidence, and then I felt wrong with a sharp pullback, with a high probability of going down, because my leverage is very large, so I may take you to lose a lot of money, so I flattened in the morning position, and then 81000 or more and a little resistance level, and the U.S. stock market opened, liquidity strengthened, and tentatively bought two positions, The result is still not right, and then stop the loss directly, after all, there is hope for the principal. The final result is a long and short double explosion market tonight. Especially with a big lever like me. Lao Te messed up the rhythm, and he shouldn't have opened an order these days. The pressure of a large number of people is indeed a bit big, but I don't think there is a mistake in the operation of the stop loss a few times, because I have turned over even if I have a pullback of 80% before, leaving Qingshan in. It's a pity that I didn't encounter a big market to take you flying. If Lao Teh didn't make trouble yesterday, a wave of air in the morning would be a big market, and a wave of more than a wave in the evening would also be a big market. The next meeting is on the 5.2nd, take a break... DeFi always innovatives.
Here are 10 DeFi protocols that are interesting me with novel new mechanics and products. 👇
I think this sector is only growing as we find novel new instruments for traditional assets and add in our DeFi money legos to come.
Or trading perps, options or even exotic instruments, permissionlessly on chain.
Add in external crypto yield sources such as proof of stake to these instruments and we'll have something very cool in my opinion.
A doxxed team backed by A16Z, with Zk circuits enabling high throughput verifiable on chain perps. One of the cool things coming for it is using your LP as margin to trade, which as far as I'm aware, hasn't been seen too frequently on chain just yet.
Guys, make sure you get your longs out for me!
One of the most fun type of instruments I've used in recent times. I can't wait to degen with this when they bring out 1 hour or even shorter timeframes.
The aim of the game, as long as the asset is in your range, you can print, the tighter your range, the more you make.
Price moves out of range and you end up paying!
We all know that selling options is one of the best ways to make your assets more productive. Premiums add up and compound over time and can make assets that typically don't have yield attached to them, like $BTC, very productive. In fact, can offer much higher yields than any lending market will offer. Through Rysk, it's currently possible to earn double digit yields via selling strategies on BTC. I think one of the highest places in the market today.
9. Stables stables and more stables
Of course we have to end things off with a little mention of our favourite 0dtes which over the last few days have resulted in some wonderful opportunities to print in both market directions through straddles. Don't forget the triple digit yields on IVLP for those taking the counter side.
Has there been a better trading instrument to use in a week like this? I don't think so, just wait till you see what we build next!