Unironically, I do think the best Deltra Neutral strategy right now for airdrop farming is Hyperliquid/Variational.
Hyperliquid Volumes are quite low, OI is also down almost 50% from ATH, yet HYPE is still sitting at 25B FDV. Which is still huge, and there hasn’t really been a better time in the last few months to actually trade on it.
Also, it feels the "most hands off" to me, since Variational doesn’t require you to fully washtrade like a retard.
I don’t know a single real user of Paradex or edgeX, so I am fully fading these.
For extended, I simply do feel like it's too late, at least for