Despite the recent downturn in the cryptocurrency market, there are still opportunities to profit without relying on token price increases. In fact, many participants are achieving significant gains through alternative methods. This article will delve into three profit models that do not depend on market trends.

In the current DeFi ecosystem, liquidity mining and airdrop mechanisms centered around top assets like BTC, ETH, and SOL are becoming increasingly sophisticated. For example, the Pendle protocol’s smart contracts support a fixed annual percentage yield (APY) of 19% for stablecoin asset locking and a 12% fixed annual return for BTC assets. By optimizing strategy combinations and capital utilization efficiency, professional operators can achieve stable coin annual yields of 50-80%.

Technical analysis of newly listed tokens on Binance shows that the vast majority of tokens exhibit a clear downward trend after their Token Generation Event (TGE). This market phenomenon is primarily due to two core factors:

• Token Fragmentation: On-chain data shows that tens of thousands of tokens are issued daily.

• Valuation System Imbalance: Project teams tend to use high valuation models to cash out early investors.

As the market often says, "Opportunity lies in chaos." This market inefficiency provides significant shorting opportunities for professional traders. Derivative trading platforms like Hyperliquid, which quickly list new coin perpetual contracts, offer effective trading channels for shorting strategies. However, it is important to note that considering the high volatility of newly issued tokens, it is recommended to use low leverage strategies to optimize the risk-reward ratio and accumulate strategy experience through small-scale trials.

In the pricing mechanism of perpetual contracts, the funding rate, as a periodic settlement mechanism between long and short positions, provides significant profit opportunities for arbitrageurs.

• When the funding rate is positive, long positions pay short positions.

• When the funding rate is negative, short positions pay long positions.

Professional traders can capture the funding rate spread by constructing Delta neutral portfolios. Specifically, when a significant positive funding rate is observed, one can simultaneously establish a $1,000 BTC spot long position and a $1,000 contract short position (funding rates can be monitored via the Coinglass platform) to obtain stable returns through a market-neutral strategy.

Currently, protocols like Ethena and Resolv have developed automated funding rate arbitrage systems to provide users with passive income. However, manually operating multi-asset arbitrage strategies, although time-consuming, can still yield higher returns. Investors can use the "Funding Comparison" feature on the Hyperliquid platform to find arbitrage opportunities.

Even during market downturns, there are still many opportunities in the cryptocurrency space. Contrary to popular belief, the crypto market still has many inefficiencies that provide rich profit opportunities for arbitrageurs. It is recommended that each participant should find their own profitable niche and continuously improve to become an expert in that area.

Despite the recent downturn in the cryptocurrency market, there are still opportunities to profit without relying on token price increases. In fact, many participants are achieving significant gains through alternative methods. This article will delve into three profit models that do not depend on market trends.

In the current DeFi ecosystem, liquidity mining and airdrop mechanisms centered around top assets like BTC, ETH, and SOL are becoming increasingly sophisticated. For example, the Pendle protocol’s smart contracts support a fixed annual percentage yield (APY) of 19% for stablecoin asset locking and a 12% fixed annual return for BTC assets. By optimizing strategy combinations and capital utilization efficiency, professional operators can achieve stable coin annual yields of 50-80%.

Technical analysis of newly listed tokens on Binance shows that the vast majority of tokens exhibit a clear downward trend after their Token Generation Event (TGE). This market phenomenon is primarily due to two core factors:

• Token Fragmentation: On-chain data shows that tens of thousands of tokens are issued daily.

• Valuation System Imbalance: Project teams tend to use high valuation models to cash out early investors.

As the market often says, "Opportunity lies in chaos." This market inefficiency provides significant shorting opportunities for professional traders. Derivative trading platforms like Hyperliquid, which quickly list new coin perpetual contracts, offer effective trading channels for shorting strategies. However, it is important to note that considering the high volatility of newly issued tokens, it is recommended to use low leverage strategies to optimize the risk-reward ratio and accumulate strategy experience through small-scale trials.

In the pricing mechanism of perpetual contracts, the funding rate, as a periodic settlement mechanism between long and short positions, provides significant profit opportunities for arbitrageurs.

• When the funding rate is positive, long positions pay short positions.

• When the funding rate is negative, short positions pay long positions.

Professional traders can capture the funding rate spread by constructing Delta neutral portfolios. Specifically, when a significant positive funding rate is observed, one can simultaneously establish a $1,000 BTC spot long position and a $1,000 contract short position (funding rates can be monitored via the Coinglass platform) to obtain stable returns through a market-neutral strategy.

Currently, protocols like Ethena and Resolv have developed automated funding rate arbitrage systems to provide users with passive income. However, manually operating multi-asset arbitrage strategies, although time-consuming, can still yield higher returns. Investors can use the "Funding Comparison" feature on the Hyperliquid platform to find arbitrage opportunities.

Even during market downturns, there are still many opportunities in the cryptocurrency space. Contrary to popular belief, the crypto market still has many inefficiencies that provide rich profit opportunities for arbitrageurs. It is recommended that each participant should find their own profitable niche and continuously improve to become an expert in that area.