After two days of high-leverage trading competitions, going from doubling to zero, I deeply experienced what the cost of DEX leverage really is. Such dramatic ups and downs are not an exception but a daily script in high-leverage trading.
What's even more interesting is that just as my account was plunging, I saw Aster and Brevis announce a partnership. Honestly, this combination has a lot of potential—ZK technology is naturally well-suited for financial scenarios.
Thinking about the trader evaluation scenarios makes it clear. If I only show the screenshots of the previous doubling, the data looks impressive. But behind that might be a life-or-death gamble. If a ZK-like technical solution is involved, which can make a trader's complete history transparent while protecting privacy, then the evaluation becomes convincing. This not only solves the information asymmetry but also avoids the risks associated with traditional centralized databases.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
4
Repost
Share
Comment
0/400
SerumSurfer
· 18h ago
Haha, the feeling of hitting zero is indeed absolute, but then I saw the ZK solution—what a fate arrangement.
Leverage trading is like this: when you make profit, you screenshot and flood the feed; when you lose, you delete your browser history. Still, having complete data is necessary for mutual trust.
Really, if every trader’s history were transparent, those scammers who only take screenshots would have no way out.
Doubling and hitting zero are just tricks; the key is to look at the overall performance. The combination of ZK privacy + transparency works well.
Speaking of which, information asymmetry is the harshest way to cheat. If such tools existed, my evaluation methods for my trader circle would have to change completely.
View OriginalReply0
AirdropSkeptic
· 12-12 17:52
Doubling screenshots and bragging about it are all tired tricks; you really need to see the complete trading record to have confidence.
High leverage leading to bankruptcy in just two days—that's the daily grind for Web3 traders.
Aster and Brevis have indeed addressed the core pain points in trader evaluation, but how many people can actually use them?
Those who only post profit screenshots should verify with ZK to let the data speak.
I feel sorry for your principal; that's why I never touch high leverage.
Information asymmetry is always the most profitable in finance. With ZK technology coming, it's not so easy to manipulate anymore.
Doubling isn't surprising; the key is whether you can survive and come out of the arena—this is the true definition of a winner.
View OriginalReply0
FastLeaver
· 12-12 17:40
Resetting to zero is acceptable, I don't even dare to share screenshots haha
Doubling in two days then hitting zero, this is the true nature of high leverage
ZK is really top-notch, the idea of transparent trading history is great
When I saw the collaboration between Aster and Brevis, I was thinking, could it have appeared earlier?
High leverage is truly a double-edged sword, it profits quickly but also loses quickly
Asymmetry of information has always been a pain point, ZK might really be able to solve it
View OriginalReply0
LightningAllInHero
· 12-12 17:28
Doubling to zero in just two days, DEX leverage is truly an expert move.
High leverage is just a gambling game, there's nothing worse, only worse.
The collaboration between Aster and Brevis is quite interesting; the idea of ZK transparent trading history is good.
But honestly, no matter how transparent it is, it can't change the fact that I lost over these two days.
ZK privacy + transparency sounds very esoteric, but if it can truly solve evaluation problems, it's worth a look.
There are plenty of screenshot enthusiasts; complete transparency of the entire history might actually be more heartbreaking, haha.
Solving information asymmetry is a good thing, but right now I just want to know how to recover my losses.
DEX leverage is such that winners eat the meat, and losers get the bones; no matter how advanced the technology is, it can't change the zero-sum nature of the game.
After two days of high-leverage trading competitions, going from doubling to zero, I deeply experienced what the cost of DEX leverage really is. Such dramatic ups and downs are not an exception but a daily script in high-leverage trading.
What's even more interesting is that just as my account was plunging, I saw Aster and Brevis announce a partnership. Honestly, this combination has a lot of potential—ZK technology is naturally well-suited for financial scenarios.
Thinking about the trader evaluation scenarios makes it clear. If I only show the screenshots of the previous doubling, the data looks impressive. But behind that might be a life-or-death gamble. If a ZK-like technical solution is involved, which can make a trader's complete history transparent while protecting privacy, then the evaluation becomes convincing. This not only solves the information asymmetry but also avoids the risks associated with traditional centralized databases.