TREE NEWS update: DeGods founder and trader Frank said on X that his main perpetual futures wallet has not yet turned an overall profit, and that most of his earnings have come from on-chain trades across past market cycles. He pushed back on community praise calling him the “best trader” after briefly topping fomo’s cumulative PnL leaderboard ahead of Bonk Guy, who has since reclaimed first place.
DeGods Founder Frank Says Main Perpetual Futures Wallet Still Not Profitable
AI take
Frank's own admission cuts against the leaderboard-driven narrative that briefly crowned him. It is a reminder that cumulative PnL rankings can reflect short-lived positioning rather than durable edge, and that his stated strength sits in on-chain trading across cycles, not perps. For traders who follow founder-influencer signals, the gap between a leaderboard snapshot and a full wallet history is the real story. Whether the perps wallet eventually turns profitable, and how long Bonk Guy holds first place, are the open questions worth tracking.
Generated by AI for reference only.
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