2025-11-16 08:28:41

Today eLP fell by 0.08%, resulting in a paper loss of 198 dollars.

Many people think that when the market falls = eLP, they should make money, right? Actually, it's not that simple. The Vault is essentially working against the user - when you go long, it becomes short, and when you go short, it becomes long.

The situation this time is probably:
The market is falling.
Users are generally shorting
eLP is forced to go long

So the loss makes sense.

ELP-8,88%

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StakoorNeverSleeps

· 2025-11-18 22:20

Losing 198 dollars and starting to explain the principles, it really hurts to lose.

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StablecoinGuardian

· 2025-11-18 01:02

Wow, how did I not think of this logic? If users are all shorting eLP, then they have to go long positions. Isn't the loss deserved?

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GhostInTheChain

· 2025-11-16 08:55

I just said that this logic is actually a bit extreme... Users are all shorting, which instead allows LPs to go long positions and catch a falling knife, isn't this just the Reverse Indicator play?

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MEVvictim

· 2025-11-16 08:45

Oh dear, this is awkward. Users are all short positions on eLP but instead are going long, they deserve to lose 198.

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GasFeeAssassin

· 2025-11-16 08:42

Haha, losing 198 dollars is nothing. Last time I lost over 2000 in a day.

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LuckyBearDrawer

· 2025-11-16 08:34

Ah, this wave is indeed amazing, users are all shorting eLP and instead got trapped.

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BearMarketSurvivor

· 2025-11-16 08:32

Market psychology is deadly; retail investors are flocking to shorting, only to be eaten by eLP for 198. This is the consequence of a broken supply line.

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