In the arena of cryptocurrency trading, everyone wants to be the predator. But the reality is often: you think you're piloting the most advanced fighter jet for precise sniping, unaware that in the bushes below, experienced veterans have already calculated your landing point through your every move.

In such market conditions, many traders are keen to play high-frequency arbitrage games within the liquidity pools of certain protocols. They believe that by capturing tiny price differences between pools with automated scripts, they can lock in zero-risk profits. It sounds perfect, but this is precisely the place where you are most likely to expose yourself.

The key issue is that when you try to eat the 0.5% spread with a preset slippage of 1%, your "smart" operation in the eyes of miners and MEV searchers is like driving slowly with your hazard lights on on a highway—too easy to be targeted. Especially in high-concurrency scenarios, the subtle time differences between on-chain oracle quotes and actual transaction prices are enough to make your profits evaporate instantly, and slippage becomes your biggest enemy.

By 2025, the liquidity market will be highly fragmented. The micro-operations that retail traders once thought were clever are quietly transforming into a steady flow of real money, flowing into the pockets of those who truly understand the underlying mechanisms. To survive longer in this game, you must first recognize whether you are the hunter or the prey.