LISTA is becoming a popular arbitrage target for many. As a leader in the LSDFi field, this protocol has received backing from top institutions and offers corresponding security in both funds and technology.

Its basic logic is actually simple: you use mainstream blue-chip assets or various interest-bearing tokens as collateral, borrow at very low costs to obtain stablecoins, and then deposit these stablecoins into high-yield investment pools. This way, you can enjoy the returns from the collateral assets themselves while earning the spread between lending and investment. The efficiency of capital utilization is indeed significantly improved.

But to be honest—any high returns come with risks. Especially when using LP tokens as collateral, impermanent loss may quietly occur. Once the collateralization ratio drops, liquidation risk increases. Therefore, participating in such operations requires a clear understanding of your risk tolerance and strict control of your positions.

From a technical perspective, LISTA is currently trading around 0.1607 USDT. There is a support level at 0.1588; if the price approaches this level, the probability of a rebound is relatively high. The resistance level above is at 0.163; breaking through it will be more difficult. Short-term strategies could consider going long at the support level, but be sure to set a stop-loss.

In summary, arbitrage opportunities do exist, but only if you have sufficient risk management awareness.