According to Jordi Alexander, exchanges that issue native tokens should prioritize users over token holders or risk losing both, highlighting structural risks that traders must factor into venue and token exposure decisions (Source: Jordi Alexander @gametheorizing, X post on Oct 11, 2025, https://twitter.com/gametheorizing/status/1976946050909827214). He argues that instead of celebrating vault profits made from their users, operators should address obvious market-structure flaws, signaling caution for strategies that rely on opaque execution or yield extraction from retail flow (Source: Jordi Alexander @gametheorizing, X post on Oct 11, 2025, https://twitter.com/gametheorizing/status/1976946050909827214). He further advises market participants who were rekt in such flawed markets to learn the right lessons and rebuild, reinforcing a risk-management focus for traders evaluating exchange tokens and venue selection (Source: Jordi Alexander @gametheorizing, X post on Oct 11, 2025, https://twitter.com/gametheorizing/status/1976946050909827214).