SPREAD SCORECARD: Long
$UNI / Short
$AERO Net Spread: +$41.33 Combined Gain
Quick update on our relative value book today.
Our long
$UNI against short AERO is currently sitting at +$41.33 net on the spread.
The core thesis here is pure tokenomics: UNI has real structural buy pressure (Unichain L2 launch with UVN validator staking, TokenJar fee collection and Firepit permanent buyback/burn engine), while AERO is burdened by heavy supply dilution (Post-merger Velodrome-to-Aero supply liquidation dump, 40M AERO/month LP emissions outstripping protocol fees by 2.48x (-14.8% net real dilution).
Because we dollar-match market exposure on both sides, we don't care whether the broader market chops sideways or dumps. We aren't gambling on 50x directional leverage—we just harvest the structural gap as real cash-flow assets outperform high-FDV unlocks.
Track our 10-leg live book & risk telemetry on Binance Copy Trading:
https://www.binance.com/en/copy-trading/lead-details/4483279284065330433?timeRange=30D
#UNI #AERO #BinanceSquare