2026-01-20 00:22:54

The emerging perpetuals market structure is opening interesting possibilities for derivatives expansion, and certain protocol innovations—like HIP-3—present genuinely novel mechanics in this space. However, rapid market growth in crypto consistently attracts questionable projects and outright bad actors. The gap between genuine innovation and opportunistic schemes can be deceptively narrow. Portfolio decisions made during market euphoria often look different in hindsight; early-stage bets carry substantial execution risk. What seemed promising during bull runs can unravel quickly when fundamentals are examined more carefully. Position sizing and due diligence become critical when navigating nascent market segments.

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GasFeeCry

· 8h ago

Hmm, the same tricks with perpetuals are back again. It's always like this during every bull market. What happened after that again?

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SoliditySurvivor

· 8h ago

ngl The perpetual contract wave is back again. Every time they claim innovation, but nine out of ten projects end up rugging.

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PrivateKeyParanoia

· 8h ago

Perpetuals are about to harvest the leeks again, right? --- HIP-3 is indeed interesting, but don't be fooled. --- In a bull market, everything feels good; when it drops, you see who was swimming naked. --- Innovation and leeching are really just one story apart. --- It's the same old line "Risk is high, everyone," but those who should rush still need to rush. --- I've heard the term "execution risk" too many times; early projects are just a gamble on character. --- Due diligence? I think most people just check Twitter buzz and call it a day. --- Position sizing sounds nice, but isn't it just all in? --- Is this round of derivatives about to bleed again? Damn.

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ProofOfNothing

· 9h ago

ngl Perpetual contracts look appealing but you really need to be careful; every bull market, someone gets burned. HIP-3 is indeed innovative, but the problem is anyone can package it as innovation, right? Due diligence is easy to talk about but hard to do... most people don't do it at all. The gambler's mentality in the early stages is the most dangerous; today's treasure project could be zero tomorrow. Position management is really no joke, but when greed takes over, no one listens.

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GasFeeGazer

· 9h ago

The perpetual contracts sector has indeed heated up, but to be honest, it's just the same old story... A bunch of projects rushing in to fish in troubled waters. No matter how many times HIP-3 is innovated, it can't save those Ponzi schemes. Early bets? Haha, you'll only realize you've been cut after the bull market ends.

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LeekCutter

· 9h ago

Perpetual contracts indeed give people the illusion of making money, but I've seen this trick several times before. HIP-3 sounds impressive, but only when it's actually used will we know if it's a scythe or not. Anyone can make money when the market is hot, but when it cools down, the true nature is revealed.

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SneakyFlashloan

· 9h ago

Perpetuals are hot, but you really need to see clearly who's causing trouble. --- The logic of making quick money in a bull market is shattered as soon as it hits the fundamentals. --- HIP-3 is indeed interesting, but I'm just worried it might become the next harvesting machine. --- Early bets were on the team's execution ability. How many people thought of that but didn't wait to see the results? --- Only by controlling risk positions can you survive to see the next wave. --- New tracks are all like this; innovation and cutting leeks are just two sides of the same coin. --- Due diligence is easy to talk about, but how many can actually do it?

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