Rough day out there for almost everything, gentlemen. In my never-ending quest to dilute some of my favorite positions, I'd like to point out $HYPE pools on @solana have a remarkable FEE:TVL ratio. In a +/- 20% range, I've been getting around 365% APR on @MeteoraAG. Granted, it's really hard to extrapolate IV here, and my own range is likely way too narrow for the set-and-forget farmer -- but if I'm able to beat 100% APR consistently, I should at least be able to either beat holding HYPE or holding USDC (i.e., beat IL vs holding). P.S. Yes, I know trying to use IV for something as volatile as HYPE is futile, but it's at least something to do a better EV calculation. P.S.S. You are likely much better off in a wider range (-60%/+100%) for long-term set-and-forget.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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