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194 days agoMONKdefi_monk
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The image shows an annualized cost of -365.62% for holding a Nasdaq position, implying a significant negative carry or cost for this specific synthetic or leveraged product. Investors should be extremely cautious of products with such high annualized negative returns, as they can quickly erode capital. This highlights the importance of understanding the underlying mechanics and fees of non-traditional investment vehicles, especially those bridging traditional assets with crypto.

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By defi_monk

Sunny | Research @Messaricrypto | Prev Hedge Fund Monkey | NFA | Check Highlights for Threads | https://t.co/Qu6XiH0KHK