So impressive, hope the LPs eating the fees are okay. Let's just call it zkj🤣 Maybe alpha is also about to fulfill its mission, having digested quite a bit of VC bubble. The arbitrage rewards started with merl, with both volume and price soaring, the DeFi veterans are well-fed. The upcoming soph, sqd, etc. are also looking good. Since when have there been no rewards? The alpha crashed at the opening, then the airdrop crashed, with no buying pressure, it just kept going down. Later, there was a beast of a project team that dumped over a hundred thousand dollars just five minutes early, that’s when I felt something was off, and I completely stopped arbitraging. Alpha isn't being traded anymore, the wear and tear means you can't even break even, I don't know how the studio is going to lower costs. Also, up to now, I still haven't caught the project team that issues alpha tokens, can just sleep on it, even if it goes up, there won't be liquidity to sell.