MEV dynamics is overpricing retail participation

Better questions beat louder opinions when regimes shift.

Historically, stretches where user retention leads without support from stablecoin velocity invite sharper reversals.

That debate sits next to today’s market focus around “Strategy skips Bitcoin purchases, spends $205M on STRC buybacks.”

Treat MEV dynamics as the constraint and risk appetite as the amplifier, not the other way around.

Mapping wallet UX against options skew is a simple way to stress-test a thesis.

Keywords: dynamics · Ignoring · liquidity · Builders