2025-12-24 12:22:16

A major exchange's stablecoin financial product offers an annualized return of over 20%, which sounds pretty good. But the account limit is only 50,000, which makes it interesting.

Because of this return rate restriction, a premium phenomenon has appeared in stablecoins. Want to buy in and participate in the financial management? You need to carefully calculate, it might not be cost-effective.

A few days ago, the exchange wallet's financial activity experienced negative interest rates. I moved the borrowed USDT to another wallet and then deposited it into a certain liquidity mining platform. Today, I added more positions and borrowed stablecoins to continue the operation.

Calculating the account: putting the principal into a pure financial management mode, I earn about $40 in a month. It seems negligible; the annualized return on a 6,000 principal is just about this level—ultimately, this kind of activity offers limited profit potential for retail investors.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
9
Repost
Share

Comment

0/400

DegenApeSurfer

· 5h ago

20% annualized? Laughing out loud, a 50,000 limit card is definitely not for retail investors.

View OriginalReply0

TokenCreatorOP

· 14h ago

The trap with a 50,000 limit is really incredible; as soon as the premium appears, it all smells like cutting leeks.

View OriginalReply0

MEVictim

· 12-24 12:52

A limit of 50,000 with a 20% return... I've seen this trick many times, it's the standard way to trap retail investors. Earning only 40 USD in a month, it's actually faster to just stake Solana directly. Really, don't bother.

View OriginalReply0

MiningDisasterSurvivor

· 12-24 12:51

20% annualized? I saw this kind of thing in 2018 too, but later the project team ran away, haha.

View OriginalReply0

BitcoinDaddy

· 12-24 12:45

20% annualized sounds impressive, but with a 50,000 limit, it's gone in one card. Basically, it's just a front to scam retail investors.

View OriginalReply0

PumpingCroissant

· 12-24 12:39

20% annualized sounds impressive, but in reality, a 50,000 limit essentially traps retail investors. Making 40 USD a month? You might as well take a part-time job...

View OriginalReply0

OfflineValidator

· 12-24 12:36

20% annualized sounds pretty attractive, but the 50,000 trap is really extreme. As soon as the premium appears, it's a bloodbath. Making 40U a month? I'd rather just casually buy the dip. Retail investors playing with these fancy things are just working for the exchanges for free.

View OriginalReply0

NFTragedy

· 12-24 12:35

20% annualized yield sounds appealing, but with a 50,000 limit on one card, it's just a classic way to harvest the leek.

View OriginalReply0

DefiEngineerJack

· 12-24 12:35

nah actually™ if you run the numbers through basic arbitrage mechanics, that 20% apy is pure theater. the 5k cap? textbook liquidity trap designed to extract premium spreads. seen this pattern a hundred times—fundamentally, they're just farming retail fomo before the rug inevitable

Reply0