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MegaETH AAVE's USDE and USDM flash loan arbitrage doesn't work at all, mainly because the official Swap aggregator and Kumbaya are suspected of front-running and slippage manipulation. The largest stablecoin pool, USDM Swap USDE, has nearly 60% slippage.
After multiple cycles, all the funds are gone.

Who is really playing Siren? Those trying to ride along and make big trades are directly getting liquidated...

Tether's new self-custodial wallet is quite interesting; it only supports receiving and sending, and in practice, it only supports Tether's stablecoins, Bitcoin, and Tether Gold, and there is no gas option—gas is deducted directly from the payment tokens.

Never buy US dollars through domestic banks
1. Most banks offer poor exchange rates
2. Almost all banks do not support interbank foreign exchange transfers. When you want to send USD abroad, you either pay high fees to transfer to an overseas card or withdraw cash manually and transfer it yourself
3. For large transfers, they will call you for due diligence
The best way to buy USD foreign exchange domestically
1. Use cross-border payment channels to transfer offshore RMB to a Hong Kong card
2. Open an IBKR account and buy USD at the mid-market rate by transferring funds into IBKR
Below are the

The backpack BP has opened, and surprisingly, it's difficult to even reach 200 million. It turns out that the compliance they once took pride in isn't worth much.