Watch for identical-sized orders, wash trading patterns, and sudden liquidity pulls after marketing events. Real liquidity follows user activity, not volume games.
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State plainly: you earn the spread between spot and futures, but liquidation, funding flips, and exchange risk can erase carry.
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Pick metrics (TPS, fees, security, ecosystem, liquidity). Use table, pros/cons, and draw conclusion for readers. Provide actionable take-away (which to research now).
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