The project team just announced new regulations and then changed their minds. The tokens originally scheduled for release in January were forcibly postponed to February, and then the price was skyrocketing. This move directly trapped traders with hedge positions.



The funding rate in the contract market has skyrocketed, now reaching -1.1% per hour. Calculating this, I have to pay over 1100 US dollars every hour for my position. If this continues, the principal will eventually become worthless.

This is a typical case of project teams manipulating their own trading—controlling the price movements to harvest liquidity from the derivatives market. The retail traders' hedging needs have instead become prey.
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MevTearsvip
· 8h ago
Coming back with this again? The project team is just stealing from each other, and our hedge fund group is really the big victim. No, with fees increasing to this level, it's directly heading towards bankruptcy. A typical self-trading scam, why should retail investors get this treatment? It was promised in January, but then they backtracked—this move is just incredible. The principal hasn't even been earned yet, and the fees are already eating into the capital.
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UnluckyMinervip
· 8h ago
A typical project team’s scam to fleece retail investors: delays + pump-and-dump + fee eating. A series of combined tactics that directly grind retail investors into the ground.
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CryptoPunstervip
· 8h ago
Smiling and losing this round, the project team really knows how to play. The promised January suddenly turned into February, and the coin price shot up like a rocket. My short position was directly pressed to the ground and rubbed. A 1.1% fee rate per hour, this is bleeding me dry. 1100U just disappeared every hour. If this trend continues, I’ll lose my pants. A typical self-trading scheme, retail investors are just here to give away money. I really can’t afford to play this game. Retail investors’ hedging needs have become their cash cow. When the price is pushed up and then slammed down, we’re the ones who die. This is a bear market clearing out. Fellow leek growers, remember this lesson. Don’t be so naive next time.
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AirdropChaservip
· 8h ago
Here we go again, I've seen this trick many times before. The project team just loves to play like this. This fee rate is really outrageous, over 1100 USDT per hour? Even if I just lie around, I can't afford to lose that much. The problem is, why do I keep getting harvested? Why does it feel like I'm always the sheep?
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SocialFiQueenvip
· 8h ago
Is this another round? Delayed release + pump, inverted fee rates directly eat my capital. These project teams really treat the contract market as an ATM. --- Funding rate -1.1%, laughed out loud. 1100U per hour just gone like that. Retail investors hedging become the biggest victims. --- So our hedging is just their automatic withdrawal? Rules change at will, price is pushed up at will. Can't play this game anymore. --- This move is brilliant. As soon as the delay is announced, it starts to surge wildly. Short positions are wiped out, funding rates soar along with it. A textbook-level harvest. --- -1.1% rate can't last long. Principal will be drained. Who dares to hedge like this anymore? --- Project teams trading among themselves—after seeing this enough times, you become numb. Anyway, retail investors are ultimately just victims. --- At a bleeding rate of 1100U per hour, no matter how you count, it's a loss. Why bother with hedging anymore?
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MetaverseVagabondvip
· 9h ago
Got liquidated again. Who can withstand such a fierce funding rate?
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