The path of earning profits is becoming more competitive, and it may become even more apparent by 2026.

Early participation was really simple—just connect a swap, make a few transactions, and earn points. Later, it evolved gradually to require cross-platform hedging, wear-and-tear point collection, and using tools for automated execution. Now, it demands acting like a true trader, leveraging zero-cost or even negative-cost operations on perp DEXs to earn points. Looking ahead, market prediction ability will become the primary competitive advantage.

What does this mean? Leading players will profit more and more. Those who entered early have a clear advantage; their accumulated experience and understanding are hard for later entrants to catch up with. A large number of latecomers are essentially just "carrying the sedan" for early players, and this divide will become increasingly sharp.

Risks are also amplified simultaneously. As participation increases, individual value diminishes, and project teams will become more assertive. Especially as reward periods approach, rule changes, large-scale witch hunts, and strict investigations into illegal operations will become routine. Once an account is flagged as violating rules, the losses could be several times the previous gains.

But honestly, compared to traditional finance or other sectors, earning profits here is still something that can be deeply cultivated. The key is continuous learning, improving operational precision, and keeping up with market trends. Those who adapt to the trend will naturally move forward steadily; otherwise, they will be swept out.