The more frequent the dieting and steeper the caloric deficit, the worse metabolic adaptation gets, and the longer it takes to return to normal. As I understand it that's the result discerned from more than just one paper. Layne Norton explores this at length in his book Fat Loss Forever and yt channel. The interesting thing in this link was the impact of change in exercise regimen. We know that exercise in itself ca…
Exercise is for muscle gain and general health, not for weight loss. You have to exercise a truly absurd about to burn enough calories to lose any meaningful amount of weight. You'd have to run from SF to LA to lose 10lbs, and that's assuming you eat nothing else to compensate which humans are notorious for doing. Your body has a very strong homeostatic drive, and will absolutely push you to eat more and to be more sedentary outside of work-out time to compensate for any additional exercise you do.
There's no studies or evidence whatsoever that shows it has a meaningful impact on weight loss. Weight loss comes from what you put in (or rather don't).
This write-up from 2016 references 60 studies and meta-analysis which all show the same. [1]
tl;dr: you should exercise for health and for muscle gain, not for weight loss.
[edit] Note that metabolic adaptation results from caloric restriction dieting too, which is why 95% of diets fail. Basically only GLP-1s and gastric bypass have been clinically shown to result in meaningful, sustained, long-term weight loss. Obesity is a dysfunction of the gabaergic central nervous system. That's why everyone's so excited about GLP-1s.
[1] https://www.vox.com/2016/4/28/11518804/weight-loss-exercise-...