If you put your money into these pTokens, you are essentially betting on Arcus to manage their derivatives account better than the rest of the market. And the street outside is flooded. Good luck with that. When the volatility kicks in, the underlying account will bleed out, and the token will follow. There is no magic here. It is just standard perpetual trading with a layer of technical debt that is going to explode the moment the liquidity thins out.
@efficient_defi_yield
August 31, 2026 686
