This trader turned $6.8K into $1.5M by using a high-risk strategy: Here’s how

Key Points

1. The trader achieved a 220x return by executing a high-frequency, delta-neutral strategy that leveraged maker fee rebates, generating $1.5 million from an initial $6,800 investment.

2. The strategy involved one-sided quoting, avoiding directional bets, and relied on high trading volume ($20.6 billion processed) to maximize rebate earnings.

3. Key elements included latency-optimized execution (colocated servers), strict risk management (max 6.48% drawdown), and avoiding spot/futures misalignment.

4. Risks included technical failures (bot crashes, exchange outages), market volatility disrupting one-sided quotes, and regulatory changes (KYC, DEX smart contract updates).

5. The success highlights a shift in crypto trading toward engineered liquidity strategies, where disciplined execution and infrastructure are critical.