Even more astonishing is that this trader took virtually no risk. He neither bet on market trends nor hyped up popular assets. Instead, he relied solely on a sophisticated market-making strategy—one whose core logic revolved around market maker rebates, combined with automated operations and strict risk management.
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Of course, such good times can’t last forever. After dYdX, I participated in airdrops for Scroll, Arbitrum, Optimism, and zkSync. The zkSync airdrop was the beginning of my “bad airdrop experience.” However, I’ll never forget the Scroll airdrop. Anticipation for it was sky-high, and even co-founder Sandy’s famous “lower expectations” tweet couldn’t dampen enthusiasm.
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the top DEX on solana is a propAMM 5 out of the top 10 are propAMMs contributing >50% of all solana dex volumes over the past 24h period these often provide better pricing than CEX's and contribute $0 (ZERO) to "TVL" and stand to only make up more and more of total DEX volume
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