Feeling quite blessed to trade on perp DEX'es these days.
The overall improvement for perp DEXes after Hyperliquid sat the standard 1 year ago is truly remarkable.
A rising tide lifts all boats.

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Vida: Born after 2000, founder of Equation News, specializing in algorithmic trading. He once shared his story of earning tens of millions of US dollars in the crypto market.

Background: At 01:23 AM Beijing time on January 1, 2026, Equation News detected that a market maker's Binance account was highly suspected of being compromised. Potential attackers were suspected of using approximately $10 million to $20 million in funds from this account to manipulate the price of the BROCCOLI714-USDT trading pair on the Binance spot market.

The following is Vida's recap of the entire process: Prerequisites and Infrastructure:

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Earning a million at the start of 2026: "God of War" Vida recounts the entire trading process of the BROCCOLI714 incident.

Written by: Sanqing, Foresight News
At the start of New Year's Day 2026, the crypto market did not quiet down due to the holiday. At 3:00 AM today, the small-cap coin BROCCOLI714 on the Binance platform experienced extreme and abnormal price fluctuations. Suspected "abnormal account behavior" caused an imbalance in the token's order book structure and market depth, resulting in a significant deviation between spot and futures prices. Trader Vida (founder of Equation News) profited over $1.6 million in this incident.
Image source: Binance BROCCOLI71/USDT spot and BRO...

How did BROCCOLI714, a trader with a market value of $40 million, profit millions of dollars from a buy order of $26 million?

【FIL】Price and Volume Fluctuation Alert
Monitoring Information: Volume increased by more than 3.3 times in the 15-minute timeframe
Alert Price: 1.465
Price Fluctuation: Up 5.02%