2026-01-07 17:24:36

$PIPPIN hit a low of 0.273 after a continuous decline, then rebounded to around 0.283 and oscillated. Many people in the forum speculate that the market maker will exit at this price level, but few have done the math: assuming the market maker has been holding the position for over a month, the fee expenses have already become a significant cost. Just this cost makes breaking even a luxury—unless the coin price drops to zero.

What’s more heartbreaking is the fee mechanism itself. When going long against the market maker, you have to contend with the ongoing downward pressure, while also being eroded by hourly negative fees; going short faces the risk of being lured into a trap, and once a rebound occurs, you could end up paying double the fees. Range-bound trading is even more of a trap—negative fee periods are basically money burning. This is the cruel reality of spot contract trading—no matter if you guess the right direction, fees relentlessly eat into profit margins. For small and medium retail investors, just figuring out how to deal with fees can be exhausting.

PIPPIN15,26%

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TheShibaWhisperer

· 01-08 19:33

Bro, that really hits home. Fees are the final blow in the slaughter of retail investors. --- Market makers losing money on fees alone for a month is heartbreaking. Who can do the math and not despair? --- Sideways trading is the worst. Negative fee periods are really burning money; anyone who touches it is in trouble. --- Both long and short positions are traps. No wonder retail investors lose every day. Contracts are just a machine to cut leeks. --- Basically, the fee mechanism is killing the last profit margin for retail investors. Even if you guess the right direction, it's useless. --- From 0.273 rebounding to 0.283, it feels like it needs to go further. The market maker's fees are through the roof; better run. --- This is the real truth about contracts. No matter how the price moves, you can't make money; you're first drained by fees. --- It seems PIPPIN is going to fail. Even the market makers can't withstand the fee pressure. --- Fees eat up more profit than market fluctuations. Anyone trading contracts is really ruthless. --- Small and medium retail investors trading contracts are basically self-destructive. Fees are eroding principal every hour.

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SybilSlayer

· 01-07 17:54

The dealer hasn't even recouped a month's worth of fees... How outrageous is that... Anyway, I've given up on following the trend and trading this stuff.

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Rugman_Walking

· 01-07 17:53

The house owner also has to pay the mortgage. A month's worth of fees can buy half an NFT. Who would be willing to take over such a huge loss?

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GasFeeCrying

· 01-07 17:31

The house's expenses this month are enough for me to eat how many meals, and they still want to break free? Laughing to death Fees are the real harvesting machine; guessing the right direction is pointless Contract trading is just a bottomless pit; fees are constantly bleeding Sideways market is the most hopeless; watching the coin price stay still while fees are burning Small and medium retail traders playing contracts are just working for the exchange; fees kill everything Have you done the math? The house's anti-order has already lost money after a month Both long and short positions can't escape the claws of fees The fee mechanism is practically designed to suppress retail investors Unless the coin price skyrockets, fees are just a meat grinder Watching others analyze trends, I just want to complain about these fees

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DeFi_Dad_Jokes

· 01-07 17:27

Market makers losing a month's worth of fees just to resist orders—this calculation is really clever, haha. Fees are the final cut to cut the leeks; even if the direction is right, you still get drained—truly incredible. Sideways trading is the most annoying, with fees still burning, retail investors are just working for the exchanges. Those who have been wiped out by fee explosions during short-term rebounds understand that despair, right? Honestly, crypto contracts are basically a harvesting machine; fees are the most stable source of income. The 0.283 level feels a bit mysterious—does the market maker really have the strength to rebound? That's why I still only dare to trade spot; contracts are just too damn risky.

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