2026-01-07 11:28:15

$River has been very popular recently, with a surge in contract trading volume. It seems mainly driven by the hedging demand for point exchanges and token unlocks.

But this fee rate is really outrageous — at its craziest, it reached -2%/hour, which annualizes to -17,000%. Ordinary retail investors simply can't play with it. Fortunately, spot trading hasn't yet moved to major exchanges; otherwise, it might be even more chaotic.

From an ecosystem perspective, the focus of this project has already deviated from traditional DeFi logic, and it is now entirely a game of point betting and token liquidity. This frenzy really reminds people of the atmosphere back in 2021.

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gas_fee_therapist

· 23h ago

With such a negative fee rate, it's really institutions harvesting retail investors. -17000% annualized return, who can withstand that? Better to stay on the sidelines. River's recent move is a bit like the madness of the past; when points games are pushed to the extreme, it turns into gambling. Retail investors just end up losing money; only when spot trading is fully open will it become a real bloodbath. All current projects follow this pattern—packaging concepts that are actually liquidity traps.

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WalletDoomsDay

· 01-07 11:58

-17000% annualized? This isn't even gambling anymore, just pure leek cutting. River really outdid themselves this time, completely turning into a cash machine for big players. Retail investors should just watch the fun, don't get involved. It feels like 2021 all over again, history always repeats itself. This fee rate is so outrageous that I don't know whether to laugh or cry.

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AmateurDAOWatcher

· 01-07 11:58

The fee rate turning negative, isn't this just a casino? Haha -2%/hour, what the heck, I'd rather just stick to spot trading That same 2021 scheme is back, who can they cut this time? Ordinary people entering are just cannon fodder, waiting to be harvested by the system arbitrage mechanism It's just a points game, essentially liquidity mining with a different appearance It's wiser to avoid major exchanges when trading spot, or else many will lose everything This is even crazier than futures, with risks so high that no one dares to touch it

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MetadataExplorer

· 01-07 11:57

Fee rate -2%/hour? Who the hell designed this, it's totally a scheme to cut the leeks --- The madness of 2021 is back, but this time even the surface of DeFi isn't hiding --- Spot trading hasn't even been listed on major exchanges yet it's already like this, can you imagine what will happen if it gets listed --- Points betting game? Sounds more exciting than Ponzi, but forget it, not playing anymore --- -17000% annualized return, hilarious, a real harvesting machine --- Why do some people always have to step on mines to test the depths --- With this fee rate, retail investors really can't play, they can only watch the whales cut each other's meat --- It's the same routine again, when the hype rises, it goes crazy; when it cools down, no one cares

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MetaMuskRat

· 01-07 11:54

Annualized -17000%? Haha, this thing is purely a big investor’s ATM; retail investors just get cut when they enter. It's about time to be cautious, feeling that same crazy vibe from 2021.

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BearMarketSunriser

· 01-07 11:52

-17000% annualized? That's just off the charts, retail investors getting wrecked as soon as they enter. This isn't DeFi, it's clearly a points casino... The 2021 playbook is back again. Wait until spot trading moves to major exchanges, the waters will get even muddier, and then there will be a good show to watch. It seems that mainly institutions are playing the liquidity game, so let's just watch the show. River's recent hype feels a bit superficial; with this fee structure, it won't last long.

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PancakeFlippa

· 01-07 11:43

This fee rate is really incredible, -2%/hour? Retail investors are just giving away money. --- 17000% annualized, hilarious. This is not trading, it's a pure gambling scene. --- Point-based gambling game, politely called innovation, harshly called a shell game. --- Spot trading hasn't even gone to the major exchanges yet, which is fortunate. Once it does, blood will flow in rivers. --- Remember the atmosphere of 2021? At least people were making money back then. This time, it's truly a case of left hand giving to right hand. --- River's recent moves are indeed crazy, but the problem is ordinary people simply can't participate. --- The fee rate is so outrageous that institutions are probably frantically siphoning blood inside. --- The ecosystem deviates from DeFi logic; frankly, it's a sign of an impending collapse.

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$River has been very popular recently, with a surge in contract trading volume. It seems mainly driven by the hedging demand for point exchanges and token unlocks.

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$River has been very popular recently, with a surge in contract trading volume. It seems mainly driven by the hedging demand for point exchanges and token unlocks.

Trending Topics

GT2025Q4BurnCompleted

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GateAIOfficiallyLaunches

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买币送一次

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人人当狗庄

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Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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