This time, I tried to work hard with @defidotapp, but the efficiency was very poor. I generally don't do well with short-term trading. While using the DeFi App, I tried Perp a few times, but since I'm holding a 5x long at the recent short-term peak of 118K, things aren't going well, right? Haha. So, through trading here, I ended up losing about 25% of my seed capital and was feeling down. Then I noticed that Perp seems to give a lot of XP based on volume, so I thought about trying it a few times, but the efficiency is definitely not as good as stable swaps. When I traded about $5000 in volume, I received about 150 XP, but others, like the team from KoGatTu, seem to be getting 15k XP with 65K in volume just from trading Perp, so I guess win rates are also calculated in. I traded a few times with Perp, going long and short with 10x leverage to increase the volume in a short period, and sometimes I made or lost a dollar, but the fees for opening intermediate Perp trades were surprisingly high, so after trading more than 5-6 times, over 10% of my principal was gone. (It seems to be more about the costs related to fees than losses from trading.) In other words, to earn XP with Perp, you can't just do it like stable swaps; you actually need to open positions and see at least a 3-4% profit before closing them to avoid losses. Haha. Anyway, I've paid a high tuition fee, and although it's not much, I've generated a bit of XP, so now I should focus on yapping.
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