Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The collapse of LUNA has revealed a cruel truth: many people who are highly regarded online actually lack strong intelligence and judgment.
It's ironic to think—those with substantial wealth, top-tier venture capital firms, and large funds have all been proven wrong. These players, who should be the best at risk recognition, ultimately got caught in the crossfire.
I previously discussed the logic behind LUNA's collapse with industry friends, and the conclusion was straightforward: this scam didn't involve any technical complexity. The problem is that even the smartest money can be hijacked by greed, and information asymmetry and herd mentality are enough to destroy rational decision-making. Essentially, this incident exposes that in the entire ecosystem, even the biggest titles can fail in the face of a black swan.