Binance ALPHA currently has high returns for LPs, especially for daily necessities. Of course, I have a strategy of avoiding impermanent losses. However, currently OKX wallet has launched Alpha to earn coins, and can directly add LP to Binance ALPHA pool to eat daily necessities. The two exchanges can only say that in the end, there is both cooperation and competition. Binance Alpha directly uses CEX's traffic to drive the wallet's on chain business. OKX, on the other hand, abandons competitive thinking and directly helps users earn profits from ALPHA. Key point: Using GPT to calculate V3's gratuity, if we want to achieve delta neutrality For example, if you set up a 1W ZKJ and a 10000 USDT pool, they will cost 20000 dollars together. It is probably necessary to short ZKJ in CEX by around $6000 to avoid the downside risk of ZKJ, but also to give up the rising profit. Whether to achieve Delta neutral LP returns or Fangshouyibo, I think it entirely depends on personal style. If neutral, the ratio is approximately 1:0.6 for short selling.