the paradex post did pretty well, so here's how i arbed their points before TGE
they were the only ones who made points transferable between accounts
i put 2 and 2 together right away:
- just wash traded. tested every market, and XAG gave the best cost-per-XP thanks to the tight spread
- collected points every friday
- instantly dumped them OTC at 1.5–2x my costs. people were super eager to buy lol, pretty sure it was the team itself
not a crazy amount, just 4 figs net profit
interesting to watch how $dime by paradex is performing
honestly it's a loser project. for those who don't know: right after TGE their perp volume dropped from a steady $ 1-2b a day to a miserable $ 10-20m (a 100x drop lol), and just a week ago the token was sitting at an absurdly low $10m fdv
but literally in the last few days they latched onto the onchain options hype, and the token did a 5x, plus volume on their options went up several times over
just an observation, nothing more. not really my style to invest in loser projects