so we just dug into that new Oxford paper on market maker advantage and our data confirms it: perps are mathematically stacked against you every market order you hit: - pays the spread (instant loss) - feeds informed traders (adverse selection) - adds liquidation risk (your whole position) the math says over time you get rekt. it's not about your strategy. that's why we built our platform around spot trading signals our liquidation maps, GEX+, and TOF show you where the smart money is moving so you can stop being their liquidity the choice is math not emotion trade spot. trade informed. Original post: https://x.com/kingfisher_btc/status/2012547872756036051(TheKingfisher)