Despite the recent downturn in the cryptocurrency market, there are still profit opportunities in the market that are not dependent on token price increases. In fact, there are many participants other than traditional traders and investors who have made substantial gains in this space through other means. In this article, we will analyze in-depth three profit models that are not dependent on market trends from a technical and strategic level.
- Airdrops and Revenue Farms
In the current DeFi ecosystem, the liquidity mining and airdrop mechanism centered on head assets such as BTC, ETH, SOL, and so on, is becoming more and more perfect. Taking Pendle protocol as an example, its smart contract supports locking stablecoin assets to get a fixed annualized yield (APY) of 19%, as well as a fixed annualized return of 12% for BTC assets. By optimizing the combination of strategies and the efficiency of capital utilization, professional operators can achieve an annualized return of 50-80% on stable coins.
2. High FDV SGD Short Arbitrage
New tokens recently launched on Coinsafe
Technical analysis of the newly launched tokens on the Coin Exchange shows that the vast majority of tokens show a clear downward trend after the TGE. This market phenomenon stems from two core factors:
Serious token decentralization: on-chain data shows that tens of thousands of tokens are issued every day
Imbalanced valuation system: project owners tend to cash out early investors through high valuation modelsAs the market often says: “In the midst of chaos there is often opportunity”. This market inefficiency provides significant shorting opportunities for professional traders. Derivatives trading platforms, represented by Hyperliquid, provide an effective trading channel for shorting strategies by quickly bringing new cryptocurrency perpetual contracts online. However, special attention should be paid to the fact that considering the high volatility characteristics of newly issued tokens, it is recommended to adopt a low leverage strategy to optimize the risk-return ratio, and to accumulate experience in the strategy through small-scale experiments.
- Funding rate arbitrage (Delta neutral strategy)
In the pricing mechanism of the perpetual contract market, the funding rate serves as a cyclical settlement mechanism for both long and short sides, providing significant profit margins for arbitrageurs.
When the funding rate is positive, the long side pays a fee to the short side;
When the funding rate is negative, the short side pays the long side.Professional traders can capture the funding rate spread by constructing a delta-neutral portfolio. At a specific operational level, when a significant positive funding rate is observed, a $1,000 long BTC spot position and a $1,000 short contract position can be established at the same time (the funding rate can be monitored through the Coinglass platform), so as to obtain a stable return through the market-neutral strategy.
Currently, Ethena and Resolv and other agreements have developed automated money rate arbitrage systems to provide users with passive returns. However, higher returns are possible through manual operation of multi-species arbitrage strategies, albeit more time-consuming. Investors can use the “Funding Comparison” section of the Hyperliquid platform to find arbitrage opportunities.
