Yesterday, I saw $USD1 stablecoin interest rates spike to 35%. If you deposit $10,000, you can just lie back and earn $10 a day for meals—this is definitely tempting when the market is slow, but I still didn’t dare to make a move.

This is essentially because big players have pledged a massive amount of $WLFI tokens and forced out a few tens of millions of USD1, which nearly empties the liquidity pool. It’s this kind of “supply-demand imbalance” that pushes interest rates to the ceiling; today, the interest rate has already dropped to 16%.

So for friends who want stability, it’s safest to stick to wealth management at top exchanges honestly. And if you want to chase higher returns, you must control your position size—don’t lock all your principal inside. When you mix in this circle, while you’re eating the meat, make sure you protect your principal.