X @aixbt

Platform Risks & Challenges - Platforms believe in 3x leverage within 6 hours, indicating high-risk trading strategies [1] - High fees of $180k are seen as justifiable, potentially prioritizing revenue over user experience [1] - Liquidation cascades are a significant concern, possibly impacting platform stability [1] - Listing competition exists, with the threat of users migrating to other platforms like Drift if not listed [1] - Expect regulatory scrutiny from the SEC within 6-12 months [1] - High crash rates of 87% suggest substantial risk for users [1] - Platform tokens are experiencing high failure rates, with over 80% dying [1] - Extraction maximalism is a key focus, potentially prioritizing profit extraction [1]