Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Late Night DLMMs
Recorded: April 2, 2025 Duration: 1:21:28Space Recording
Short Summary
The discussion covers innovations in DeFi mechanisms through DLMMs on Solana, highlighting their role in liquidity provision and market making. It also addresses the decline in token values for Solana, Bitcoin, and other cryptocurrencies, emphasizing the need for strategic market adjustments. Additionally, DLMMs are presented as a novel method for earning yield by managing volatility and liquidity efficiently.
Full Transcription
good afternoon everyone thank you very much for joining the stream let's go see if uh let's go
see if twitter wrecked me or what we'll do some charts too i see a lot of people wanted some over here. Alright, there we go, we're live, hold on. Alright, perfect. Oh man, it did
not work yesterday, right, so, uh, it was real annoying. Um. Why am I getting ads for women stuff on my thing?
Alright, uh, what now? Thank you. you
Wait, I think a bunch of the arena people are hopping on because I think they saw my post over there on the arena over here
So, let's see we have one two wait i don't follow fangs already one two three four five five people so i mean since you guys are the only ones that followed
instructions i'm gonna go ahead and send it to you guys as well. Well, just you guys. I don't see anybody else that did it in spam. Yeah
It was just you guys fangs kimothy
Samuel or Rahit
Sorry, whatever your name is mark broom and oh, I didn't follow broom with hell and yeah, that's about it
Fellas back
But yeah go give this stuff a test.
Go give it a shot.
We'll start in just a moment.
We're waiting for folks to hop on.
And we will begin.
What is tonight's stream?
Let's go take a look here.
Hang on.
What are we talking about?
DLMMs, liquidity providing, and market making.
All on Solana.
Yeah, we will have a good stream. we'll talk about a bunch of things let me just get one more
thing open over here so I can get everybody on
Let me go ahead and...
Ooh, I see Bulk, uh...
Bulk just liked my stuff.
Let me show the homies some of this crash out.
Bottom.
Bottom.
One point...
Bottom.
We're gonna send this back.
Send it back to 10 mil.
With haste.
Alright, let's, uh, give me a second. Let me go post in the arena that I'm live and then we can start. Look, we're pumping the minute I went
live. Coincidence, I think. Nah, give me a sec. Hold on. Oh, why is it on Ethereum?
We need this on Solana.
We're just waiting for folks to hop on.
Once we have about 100 people in here, we can begin.
But for right now, I am just looking for my arena homies and getting everything shilled there.
Whoa.
Alright, there we go.
Yeah, for some reason, my arena won't load on my PC anymore.
It was working fine for the longest time, and then all of a sudden now it stopped working. okay cool we can go ahead and begin yeah just real quick wanted to just go over the markets
real quick kind of give you guys like an idea of like what i'm looking at because all this kind of kind of sets into play what i'm doing with all of my tickers with dlmms anything
i'm doing in the markets in general and just like what my take on everything is so let's just go
ahead and begin i mean it's pretty simple for me there's nothing overly complicated it's kind of
been the same thing for the last like uh i don't know it's coming up to like a week now if not a little bit longer yeah no it's been a little longer than that so it's been like
two weeks like this we were we're just kind of below the cloud range and this is across the
board with multiple majors including some mid caps so that's all we need right now we just need
to get into the clouds over here so we can kind of actually get like a decent push through and
start pushing over it but i guess like the bigger thing probably would be is what our monthly
is doing right now our monthly is at a pretty bad point on solana so we do need to bounce back over
154 so we do have time we'll see what happens over there looking at things like uh bitcoin
let's look at that one i know i'm sure you guys are going to ask about ABAC, so don't worry. I won't forget to bring that one up.
And if there's any audio issues, let me know. I just switched my setup a little bit.
And let me mute my phone.
All right. Yeah, I mean, Bitcoin's pretty much in the same situation right now where we need to get into the cloud so we can go ahead and break through. It's not that big of a deal on Bitcoin since if we go to the weekly over here, we are still intact
with the weekly as long as you don't break into the clouds. But by the way, it's setting up right
now. This is definitely not good. Another thing to pay attention to is that apparently option
players are buying for 70k puts. And when I check with Bripto Bro on like order flow side of stuff,
there are more so bids
being readjusted towards that lower level so it is definitely concerning that we do end up coming
down a little bit lower when we're looking at purely price action i mean this is what it looks
like for price action purely to support that support test that would totally make sense the
fact that we've been going straight up um there's practically a diagonal line here. It would make sense that we pull back
So I would say the main levels to kind of focus to if we do pull back for now for me is just 70k
Worse k it's about 53k and then beyond that. I don't know to be honest
I don't want to jump ahead of things. So we'll see what happens there and
Then a backs I'm sure you guys are curious
about that one again same situation across the board avax needs to get into the clouds and in
order for it to do this it needs bitcoin to kind of start going through its clouds so everything
across the board right now is kind of set up in the same way i mean there's some things that are
not that
already had a hard time breaking out previously let me see if any of the old dino coins yeah the
dino coins are probably on a different on a different timeline at the moment
i'll check the one days though for shits and googles yeah see like uh most likely the bigger
ones pax g i've been shilling pax g to everybody forever but nobody wants to do pax g yeah ethereum
again same situation needs to get into the clouds bnb unaffected
ave cloud situation litecoin cloud situation um comp over here cloud situation which for some
reason i had a scam like yesterday on finance but i think finance is doing their classic uh reshuffling trb has probably has to be the
easiest short of the world look at this one this went absolutely nuts all the way to about 180 hold
on one second Thank you. Sorry about that, DoorDash was here.
My friend's over, so.
Alright, so, yeah yeah that's dash a-back i mean there's a lot of tickers i had a couple people mention tickers on here so we can do tickers real quick
why not jupiter let's check jupiter out yeah i was tweeting about this one earlier i should
have probably held on to this uh or sold it earlier. Yeah, Jupe is breaking down at the moment, so...
Dude, what's good, Skynet?
Yeah, Jupe's breaking down.
Not too hot over here. yeah look at this yeah jup is down bad it's down below the previous levels from like uh
last february so we're down to about what's this this is usd value hang on yeah we are down to
41 cents at the moment so jup is hurting jup definitely needs some sort of balance but again
i think like when we come back to like the ichimoku stuff i think everything looks kind of the
same like look at this one another one jupiter is a higher cap token so it's still setting up with
the one day cloud setup
it's just nowhere near kind of breaking out so i'm kind of sketched out about jupiter we can do
the next one crazy good tech why not i'll shits and giggles uh entertain this
see for me nowadays anybody any anytime someone mentions a ticker i'm like
can we deal a moment unless it's juice if it's juice mentioning it, I'm like, can we DLMM it? Unless it's Juice.
If it's Juice mentioning it, then I'm like, all right, what are we buying?
And I can probably go over what I've been doing,
what other people have been doing in the market at the moment.
Let's see.
This person mentioned this ticker.
My mind immediately goes to DLMMs,
so I want to search the DLMMs on this one.
No pools found. Wow wow what a rare what a rare mention who was this one oh i follow him
yeah this is interesting because it doesn't have any kind of dllm so this
means if i get into here this is all me what's the volume right now
where is the volume 670k okay so this we could probably use this one as an example for stream
later so that's pretty cool for folks that don't know by the way DLMM terminal live you guys can
For folks that don't know, by the way, DLMM Terminal Live, you guys can...
Let me make sure I'm on the right one.
Yeah, that's the right one.
Oh, since there's no pools open, it's not going to pop up.
That's interesting.
Yeah, so that is pretty cool.
We'll check this out a little further and create a pool, but for now, I'm just going to go to the next one.
I went ahead and liked it
Pin AI seems to be holding pretty well pink
Where's your token? Hold on.
I can't even find their token.
Yeah, I can't find their token, so I don't really know about this one.
Fartcoin, BTC, Frog, and Popcat.cat why not we can do them all fart coin is pretty easy i mean fart coin swings have been pretty crazy over here overall i'm surprised it hasn't been listed other
places still 15 million in liquidity look at this setup on fart coin so if we're going off ichimoku
over here i mean perfect cloud entry perfect pullback over here. Held up on the Kijin. I would say it's probably going to somehow anger pump all the way back up to $130.
But yeah, not bad. It bottomed out at $24, sitting at $0.50 right now.
Still sitting at a 500 mil market cap with the price.
I mean, this is pretty decent price action for me, in my opinion.
I mean, this is kind of what I tell you guys what I look for when I'm looking for DLMMs.
Something that's already went up, pulled back, and it's kind of consolidating.
Because that means that most likely this is going to be the active range at the moment for me.
It's in between those two lines right there.
So that's the active range zone to where I could provide liquidity at.
We'll get into the liquidity stuff in a moment.
Let me do all these charts for everybody.
Bitcoin I did. Frog.
Yeah, Frog I got out over the summer, so not upset about that one.
3.4 million liquidity. Absolutely wrecked of a chart.
of a chart yeah hit almost a hit uh nearly a billion market cap or hit 800 mil market cap and
has been down trending since then it's at a 38 mil market cap at the moment and it has broken down
below the support it should have so it just needs to get into the cloud i mean i like the art and
everything but it really doesn't do anything for the price or whatever.
So, yeah, if it can get a cloud entry, this can return around.
But for right now, they would need to do something or get, like, in front of the hype again.
And not give the best KOLs the fucking tokens.
Because that's what ended up happening.
They gave out tokens like crazy to KOLs.
And you know how that goes.
Dude, Fangs, I appreciate you.
By the way, for the people who are hopping on from the arena side,
I'm going to tip out everybody who ended up commenting the feather on here,
so there was only five people that actually did it.
So I'm going to give you guys a couple mil of GURs each.
Initially, I was just going to give like three people it,
but since it was just you guys, I'm going to go ahead and send that out.
I wonder if they fix it to where I can log into the arena.
Let me see if it works right now.
It could just be my PC because I have stuff running.
Yeah, it just leaves me in this endless loop for the rest of my life.
On mobile it works great, but...
Alright, let's check the other ones.
Hold on.
And Popcat.
I'm assuming they made the Popcat not Pop anymore.
And they just killed the cat.
They took it out back and made it into food.
With 6 million liquidity still, which is pretty interesting.
Oh, I can't see any other charts.
Is this right?
Yeah, this is...
Let's do that one elsewhere pop that's fine they had purple
listing over here topped out at a topped out at a dollar 90 and it's down to 18
cents they have killed the cat skinned, and then brought it back to life and did it all over again. Yikes.
$0.22 from an all-time high of like $2.00, $2.00, $0.30.
I mean, again, these things were supposed to be blue chips, and I don't think they're blue chips anymore.
They're like yellow chips, red chips, dead chips.
They're like yellow chips, red chips, dead chips.
Ugh, I hate that wig. Hold on.
Bonk USD.
Yeah, Bonk did a full fucking reset too.
This is just terrible.
Like, look at this one.
This was a big hit for a lot of people probably.
what else do we have?
HMY.
Is he
talking stocks? I don't know what he's
talking. What's he
tweet about?
Hedgehog trader? Yeah, he's talking stocks.
A man of culture asking for stocks i got
you fantastic play my friend this is the one of the ones i've been mentioning for quite some time
now um yeah all the gold plays are still intact i think that the dollar is going to dump further
we're going to see double digits dollar. And it's going to be fantastic.
I mean, see, I don't even know how to search my own stuff anymore on my Twitter page.
Yeah, HMI looks fantastic.
I think it still goes up much higher.
I mean, we're getting a little extended over here.
So there should be definitely concern over here.
But if you've been playing at any other time than uh before last friday you should be well
up on your position and you should be able to exit out and wait for like some kind of retrace but
yeah when we look at the monthly side of stuff i mean this bad boy's just getting started uh-huh
it's about to break near into all-time highs and it hasn't done that in a long time might
not get that push this time but i mean we're here on all-time highs on
this one yo mark it's been a while yeah man it has been congratulations i'm uh you gonna give
you some tokens as well it was only five of you guys that commented so i was like all right you
know what i'm gonna give it to everybody all right um i did fartcoin.
Gonna block this guy.
Mog,
Anmanman,
and RST in Samo.
We can do Mog.
Mog is easy.
Mog USD on Binance.
Oof. Hold on.
Mog on Bitstamp?
I mean, this will do the trick.
Like other coins, Mog is on a downtrend. It just needs to kind of come back into the clouds and
we'll uh continue on again but i like this still like the trending and culture of things that
happened but price action is shit you said rst and samu hold on rst
same situation a lot of these look exactly the same so there's not really too much ta to RST. Same situation.
A lot of these look exactly the same, so there's not really too much TA involved in them.
I mean, if you're really interested in why I keep doing this real fast,
if you go to my profile, I have my Ichimoku stuff linked.
You can just learn it real quick and check it out.
It's known as end-to-end play.
So we're looking for something like this to happen versus what just happened over here all right so let's go ahead and
move on to what was the next topic today we checked out markets if you guys have
any other tickers you guys want me to check out anything at all put it inside
a chat and I can take a look at it the people who are on my Twitter stream hang
on let me open that up and you guys can always comment again
All right, there we go
Oops, that did not open right
I'm trying to open it up so I can see your guys' chat.
Alright, so I can see your guys' chat now.
So if you guys have anything on the Twitter side you guys want to comment, put that in there.
Alright, so let's go ahead and talk a little bit.
We'll do this a little backwards.
We'll do market-making conversations. Go back to eSIM.
Hold on. e-sim was actually uh interesting over here because i don't know what the tech is but somebody
was mentioning that to me that this is good tech again i don't know if this is legit or what it is
but this is pretty cool if they have a sim like this one and it's wireless this
is pretty cool at 1.6 mil market cap i feel like this is a steal and there's no dlmms which just
blows my mind because why isn't there who's gonna open it up why haven't they opened it up
is it a scan juice is juices here, what's your thoughts on that one?
Wait, eSIM is there?
Look.
He said I posted one a week ago.
Dude, literally, Juice has been out here straight grinding this.
Hold on, let me see if he commented.
Bob Lacks. Oh, we're switching topics real quick free bobs lax yeah that's bob lax um chives that that's him
yeah i'm not gonna dwell on that but yeah what you guys are posting is uh right who is the other juice there's another
juice do e-sim yeah let me uh see if i can find out where juice was over here with this one
oh yeah look at this one this is what i call early e-sim dllmm general chat my man's was early e sim 321 at 4 39 a.m at night what was the price at uh 421 hold on
all right let's go to 421 hold on hold on i already trust juice okay
421 at like 4 a.m that shit was the bottom he was literally showing it right here he was like hey hey guys
again this is something i really like the range of so if this ends up being like a legitimate
product and it ends up being like legitimate tech uh this range is fantastic i can't even
imagine being inside this the entire time um if somebody did do a dlmm over here it probably
printed i think the fellows were
doing this now that i take a look at it yeah i've just been doing normal trading i've been doing
some dlmms but my dlmms have been all safe tickers so it's easier to kind of bid into things a lot of
it has been like soul usdc um a lot of it has been scaling into jlp so mostly just scaling into my
core positions with dlmmmms and leaving things
active to where i'm making at least like 200 bucks a day so my stuff has gone down significantly to
where it's just about like 200 bucks a day at the moment but sometimes it's even 100 if it's a
little slower it just really depends on what i want to do if i want to take more of a risk i'm
definitely out to lose my money more but if i'm taking a safer approach
i can leave my money sitting in as an lp it doesn't bother me at all but i'm able to earn
a good amount of money without having to worry about those shitty tickers i guess the only
downside is is the fees that you collect on stable pairs is a little less and you would need a little
more capital but there's still tons of
opportunity like i said if juice is still out here constantly mentioning tickers a couple other of
the guys are in there kind of starting to mention stuff and starting to grind out a little more so
i can't say that the environment is completely shit it's just i guess if i did have to make any
kind of complaints in the environment it is is. There are no good tickers.
Like anything that's a utility token or anything of the sorts like that.
It's just not getting traction.
Those things are going down at the moment.
And no one's really paying attention to them.
Let me pull up a couple other ones.
Let's look at JTO.
And a lot of it has to do with Solana coming back down again and getting hammered.
Absolutely hammered.
Yeah, like Jito's back down to its low levels um what's the other one uh kmno super bullish on these guys but i'm assuming price is down yeah the camino price is down from 21 cents
back down to 0.05 or i think it's 0.04 so a lot of these things did did retrace just the whole idea of uh
utility and tech that got blown out in the window in november like people stopped caring about that
stuff they started caring even more about altcoins so finding utility plays is a lot harder and
that's probably why i'm a little more excited about the e-sim if it does end up being legit
And that's probably why I'm a little more excited about the eSIM if it does end up being legit.
What else do we have?
Yeah, I mean, it's just so hard to find tech plays.
He said longevity is hard to measure with the coins, even good ones.
Like the last, like routine last 24 hours to and to 48 yeah yeah that's pretty much it
like most things have like a mind share of 24 to 48 hours and beyond that point it's it's YOLO and
you just increase your risk time 10 so it's a lot harder to do something like that
he said 36 hours not even 48 so less than days. And there's definitely timing of things too.
Like if you're in the market and you're paying attention to this stuff,
what coins do in the morning time when burgers are awake
is different than what coins do late at night at like 4 a.m., 3 a.m.,
and things like that.
It's very different.
So, yeah, just something to kind of keep in track of.
There's still tons of ads to be made.
Like there's definitely ways you guys can make money. there's ways you guys can make money while it's going
sideways so i think the people that are probably joining the stream right now are clear my option
folks who have been asking me about a lot of this stuff lately and yeah no different than let me let
me see if i can find a ticker.
I don't know.
Probably can't even find a ticker at the moment.
But I'm trying to think of something that would be playable that way.
I mean, this is Maker from before.
Like, when Maker was in this range over here, it ranged for about three months over here so it went from january over here all the way to march over here and kind of just ranged out
so when you're in options land and you want to play an options play if you're going to want to
play something directional to where you're buying calls uh you're putting on a lot of risk because
you're expecting the option to go completely straight end
like it has to go up in a volatile direction and it has to go up before your expiration
there's other ways to play options as well to where if you know that the price is probably
going to stay close to a certain point to expiration or the price isn't going to pump
or the price is going to dump out whatever it there's a way to play options which don't involve necessarily playing breakout plays or anything like that. You're just playing literally
a range and that's about it. And that's like the power of DLMMs in my opinion is you use options as
volatility products. I use DLMMs as volatility products and it just helps me significantly
because now instead of me playing volatility
like how i normally would which is all right i see this play over here i see that it's been
ranging for a little bit let me go leverage long 10x or some people use 20x let me go ahead and
increase all that risk on myself and put myself in a position for liquidation and that's one of
the reasons i push options is because if you can
learn how to do options in crypto it's a little more trickier lately but you can play things
without that liquidation risk and that's something that's huge and that's why I moved on to options
one of the things I don't like about options is obviously there's a leverage risk over there as
well because if your price doesn't move in your favor by the expiration date then you're going to lose your money so there's a lot of ways to lose
your money which is in a leverage form and you end up with zero the reason i like dlmms is again
i can play a dlmm in this fashion where i'm going to expect a breakout or i'm going to expect a dump
but at the same time something you don't ever see anywhere is I can
play a DLMM with completely full out spot risk and be able to play this range and collect a
premium while my price is within that range. And that's just unbelievable to me because more volume
that's in that range, more volatility that's within that range before it breaks out and you're
positioned in some sort of delta neutral strategy or you're in a very small tight range strategy you're going to make a ton
in fees and it's going to be mind-blowing because at that point it's because it's very hard to
imagine that your spot is going to earn you any kind of money let alone any kind of passive income
in crypto unless a you're staking it in some shape way or form which
nowadays staking's have like 21 day locks on some places or 30 day locks so
you're stuck with those tokens once you stake them and you're still earning
yield but you're pretty much at the mercy of whatever that yield is with
concentrated liquidity and using DLMMs properly you are able to eliminate all
of that stuff and be able to collect fees as you see the volatility
happen and once you see the volatility die out or once you see the volume die out that's how you
kind of effectively use a deal of mem and get in and out of one i mean you can stay in it after
volume dies but i'm kind of like not really talking about this in a beginner stance but i mean
you don't always have to be in something let Let's say for some unknown godly reason, you're somebody that believes in something
long-term in crypto right now, and you want to provide your liquidity to it. I would never
recommend you do a concentrated liquidity pool. I would recommend you do something like an automated
market maker pool, which is an AMM pool. That would make the most sense because that's something
you don't have to manage. What DLMMs are is something that you're going to have to set up a range for and you're going to
have to manage it. And you're going to have to manage it even more the tighter you make your
range. So what I mean by that is if you're setting up a range that's let's say, so let's say normally
people would do something like this. Let's assume the middle point is a spot price most people would go all right
I'm gonna put my stop loss below that green line
I'm gonna do it maybe about like five percent below that green line
And I'm gonna play a long breakout point or I'm gonna just play this upper range all the way up over here
So that's how you typically would run a play over here as a leverage player whatever it is and then vice versa if you're going on a short position you
would do something like this to where um to where you can tolerate um a five percent draw down uh
five percent like stop loss over there but you're playing the range again hold on
loss over there but you're playing the range again hold on so essentially you're playing like a 14
range to the upside and about a 12 range to the downside and that's how you would typically run
it if this was like a leverage play and you would have your stop loss so everything would execute
manually i guess the only downside of dlmms is you have to manually do everything.
So if you want to exit out your position, whatever it is, those tools aren't built yet.
And that's kind of where Flowmatic comes in.
We'll eventually have some tools that will have some automation and stuff for you guys.
But yeah, nothing right now which lets you execute proper stop losses and kind of not manage your position.
So you have to withdraw your liquidity.
I would say that's probably one downside of a dlmm and the other side is i mean everybody says like what's the catch on dlmms like what's how do you lose money on dlmms so at that point i ask you
you see this range over here you can see this price action right over here that's in the range right now what if i told you i made the
range like this you'd say i'm stupid you'd be like what's this guy doing what's he looking at
is he smoking crack because there is no range like i made this range really really wide and it's not
really going to benefit me so and then same thing over here so if this is the correct range that looks like this
what's the thing if i do something like this let's say i tighten the range up over here
if i make a really tight range what's going to happen the price is going to fall outside my
range plenty of times if i have a wide range the price is going to stay within there but my
liquidity isn't necessarily going to be used
because concentrated liquidity at the end of the day is you're putting your own liquidity within a
range whether it be to the upside whether it be to the downside whether it be both ways and we'll
get into that in a moment but yeah so let's go back into the proper range but let me go use the
example of a smaller range let's say you're somebody that's doing like a tight bin step or let's say you're getting influenced by
some of the nonsense you see on Twitter where people are like yeah do a 10 bin
step or like a 20 bin step if you're doing a very tight bin step over here
the thing is is that I already showed you that was a 12% proper range if we go
ahead and measure the current range of what we're seeing right now this has now become
a five percent range which is exactly what your stop loss was so you have a very tight range and
so going back to everything the downside of a dlmm which would be i guess like the catch of
everything if you don't know how to draw your range it's gonna fuck you up so since there's
no manual way to kind of or there's no automatic
way to stop loss something or exit out your position you're gonna have to manually have some
kind of discipline to be able to exit out that position and be able to adjust your range properly
so that's how people lose money they'll set up either a very tight range or they'll set up a
very wide range and with a tight range your money falls your money's
in a range so if it falls out of range it's not going to be used and you're not going to collect
fees if your money is too widely spread out you're not going to make enough fees because there's a
lot of money that's just kind of sitting around and i guess we can kind of get into that next
point and i'm actually going to use flowmatic to kind of demonstrate this because it just makes a lot more sense with us over here so let me I think I have yeah there we go let me try to find one of
the ones that were recently doing good hold on let me see um hold on let me check my other page
by the way if you guys want to test out the DLMM terminal come give it a shot. I would love for you guys to test it out. Alright, make sure I'm connected.
Hold on.
Let me find a good one.
Okay.
We can do...
Yeah, I'll just use
Joupesoul for right now.
I'm gonna do the Joupesoul with $5 million
in it.
Maybe this isn't a good example.
This could be a good example.
Yeah, this is a good example. Yeah, this is a good example.
All right.
So, when we're on Jeep Soul right now, and let me go back over here.
So, when I was explaining those ranges again, let me just bring these back up, and we're going to do our tight ranges.
bring these back up and we're going to do our tight ranges the way concentrated liquidity we're
just going back to the basics again works is that you're able to add tokens either to the upside or
you're able to add tokens to the downside if you add tokens to the upside that means you're adding
tokens to be sold okay you're providing liquidity at specific price points for that token to be sold
at and for other people to buy it out at if you're
putting it to the downside you're putting it as buy as support you're putting it as so you're
scaling into that token you're providing support on the token um you're preventing it from being
sold out if so if somebody's trying to sell out their token they're getting the best price at that
specific price point you have your liquidity at and you can set out your liquidity
in any way you can set it out in small increments so let's say the price is like a dollar spot price
and it goes up higher you can set your liquidity at every 10 cents so you can set it at a dollar
10 a dollar 20 a dollar 30 a dollar 40 or you can do it even wider you can set up your liquidity
in 50 cent increments so you can do do $1.50, $2, $2.50, $3.00.
You can keep going up in various increments.
And there's terminology for all this stuff.
So let's go ahead and get into some of the terminology of this.
So when we go to the article over here, I actually wrote some basic article.
But I love referencing it because it's very simple.
So what I was mentioning to you guys
about it being in price points the money being in price points so imagine these things as like
bins okay I used I tell my IRL people as pools but imagine at every single price point there's
a bucket of water okay and depending on how you're using that one you can either have those wide
increments or you can have those small increments.
A bin is essentially where your money goes, whether it be tokens or whether it be Solana,
USDC, whatever it is. A bin is where your liquidity goes and where there's other existing
liquidity. Bin step, however, is what I was explaining to you about guys about the range how you can pick something that goes a dollar ten a dollar twenty a dollar thirty or it can
go a dollar fifty two dollars two dollar fifty cents whatever increments you want
to do a bin step just allows you to pick how wide you want to do your range one
of the things with DLMMs is when you're setting up a DLMM so let me just go pick
something over here and you want to go ahead
and add something okay if you notice over here d it automatically defaults to 69 bins so you can
have a total of 69 bins in a specific position in any single position okay so that means you can go
go 69 bins straight to the upside if you wanted i I might not be able to get the right bins. Hold on.
So, ew.
Little dog.
So there's 69 bins to the upside, so from spot price, that's 436%.
And then vice versa, I can do the same thing going downwards as well.
So, let me do this. as well. So I can set liquidity all the way down to the downside about 81%. So yeah, that's basically what a bin step is.
Your bin step number that you decide on will just allow you to pick a wider range of liquidity.
And I guess like the bigger alpha and all this stuff is, is that let's say, I'm going to go back
to those examples again. Let's say you see something that's priced at a dollar and you want to add liquidity into there let's say somebody
is over here and they want to swap over here with a lot of money okay some
people might end up putting something in a wide range so they might put something
at let's say it's at a dollar it's at a dollar they might put it at 25 cent
increments every single time so they might put uh they might put five thousand dollars every
twenty five uh cents starting from a dollar so they'll go all the way up to about three dollars
so it'll be a dollar twenty five a dollar fifty a dollar seventy five and so on so they're putting
liquidity at every single one of those bins levels so hopefully you guys are following me so far
so they are using a bin they're putting money into that specific bin
and since it's going in every single 25 cent increments we know their bin step is wide okay
so since they're doing all this stuff the thing that you guys want to keep in mind of
is when somebody picks a wider bin step number since this is a game of liquidity and the money
is going in those specific bins there is no
money in those other bins in between so from 25 cents a dollar 25 to a dollar 50 there is no
liquidity in between there might be liquidity in the amm but as far as concentrated liquidity is
concerned there is none over there so that's where you can either open up a pool that provides
liquidity at a tighter range or in a smaller increment so that way where you can either open up a pool that provides liquidity at a tighter range
or in a smaller increment so that way if somebody is aping large plays or if people are buying they
can always get the best price because if you guys ever pay attention to jupiter and try to go ahead
and like swap things out it's always talking about what your best price could be you can adjust your
slippage you can do the ultimate fast routing, whatever it is.
But routing and Solana is just a game of pricing.
So if you can provide liquidity where there's the best price at,
not only will your orders hit with people who are aping big orders
or when there's a lot of volume,
your orders will also catch a lot of arbitrage volume as well,
which is very important because arbitrage is a very big game in crypto and it's never going to go away. No one talks about arbitrage. They just do it.
And you need infrastructure for that too. But anyway, so yeah, that's why, so that's,
that all ties into like this range stuff and what we're doing over here. So again,
going back to this visual example on this one, when you have something that's like a wider range like
this and you're doing something like this you can assume that somebody's picking something like a
250 bin step a 400 bin step something very high if something somebody's picking a very tight range
then that means they're picking a very small number now again so there's a there's more pros
and cons to each of these decisions that you end
up making at the end of the day and I'm going to try to explain this in a different way so you guys
can understand hopefully but and this is different I find a new way to explain this every time
so when you have a range like this over here okay if you're picking something that's a tight range over here tight range is fine because there's
benefits to tight ranges as well again it just comes back down to how bins work and what's
available and what bin because bin is about pricing and swaps are about the best pricing you get
So with that in mind, excuse me.
so with that in mind excuse me let me drink some water my mouth's like
Let me drink some water.
My mouth's like...
All right.
So this is just a game of bins.
So if you're picking something that's in a tighter bin,
you're going to be able to capture a little bit more volume
and a little bit order flow because, again,
the bigger players might be putting everything at $0.25 increments,
so they're expecting more of a price
move so right now in the blue line you could say that's you um mr 5k putting a 5k lp in and then
we'll put in another lp over here so we'll do another lp that is red over here so this is the
other main lp what they did is they started up over here and they set up their liquidity to go all the way up over here. So they set up a pretty wide range over here. And what you're doing is you're setting up a tighter range over here to capture that existing price action that's happening. While on the other side, we can even widen this out a little bit more.
widen this out a little bit more the main LP actually set up an even wider
range so they can accommodate for all types of volatility what you're able to
do with that is when you see somebody else that's setting up a wide range
there'll be pockets of liquidity to where you can kind of add liquidity in
or you can find places of consolidation to make money at because at the end of
the day you can make money on dealLMMs when things go straight up,
or you can make money on things when they go sideways.
Once I discovered DLMMs, I mean, it was such a life-changing thing for me
because, man, I can play sideways on spot and make a shit ton without ever having to bet a breakout.
So whenever I do tokens now, for the last like two years now,
I don't really care if a token breaks out like it's nice if it does break out but most of my
plays always revolve around i see a range can there be a lot of volatility can there be a lot
of volume and can i be the first one to do it or at least the first couple people to do it
and that's like my main goal of things i never ever care about things breaking out like it's really nice like we um we kind of accommodated stuff inside the terminal for that so like within the terminal
right now we have something called the war chest so we can transfer over some of our fees into a
specific war chest if we wanted um and we can deposit whatever we want so and there's gonna
be more coming to that one. But yeah, that's
just like an example. Like when I'm saving my fees up and they go up, that's fantastic. But my main
thing is, yeah, my main thing is essentially never having to worry about price going a specific way.
And that's what changed myself so much because one of the main patterns that I look for in crypto
is something like this
something gets a little attention over here and then they start getting crazy attention going up
and then it either grinds down very slow or a little fast but the at the end of the day the
ones that end up being resilient and end up having good market makers and good people buying it they
end up bouncing and coming back up so for me the thing that I'm good at is whenever a token goes up like this,
it has consolidation points.
So I'm very good at finding those consolidation points.
I'm just going to highlight them.
Like I know for a fact,
like it consolidates around these points over here.
When the chart is going up,
I know there's points of consolidation
as it grinds down over here.
And then my most favorite one, and that's the one that i typically end up doing is once a token has dipped down far
enough i can go ahead and add a range like this and i can choose to either capture volatility
or take advantage of uh existing liquidity that's available so going back to liquidity visuals and
that's like again another one of the things that we're
doing over at flowmatic that i don't really see anywhere else and it's extremely important so
like over here i have the juke soul pair opened up over here hang on one second
what am i doing there we go all right so i have the juke chart open over here right now and if you look over
here on the right hand side you can see the existing liquidity that's going on over here
so if you notice over here there's a big giant chunk of liquidity just uh kind of sitting over
there on that specific side. So there's a
bunch sitting over here, but then you notice once we get to about $4,000, it kind of drops
off. Let me try to find a stable pair rather than a Solana pair. We'll just do Jupe because Alright, we got Jeep going.
Just blowing up Solana real quick.
Alright.
I've had, like, too many tabs open at the moment, so give me a second.
It's causing my other tabs to slow down.
Yeah, what have I got?
Hang on, let me close out a bunch more tabs.
By the way, if you guys can go ahead and like and retweet the link, that would be fantastic, so we can get everybody here.
I'm actually about to start talking market making, and I think that might be the part that everybody else is probably most interested in so it should be a good time
okay
okay jlp no that's JLP
all right GPS DC oh by the way great suggestion earlier on what you mentioned about being able to select your pair over here juice fantastic
All right, oh, this is great. This is a great example over here. All right, so
This is probably not the best chart in the world because of the way the liquidity works
But it gives me a good example to kind of show you guys the advantages of being able to see some of this stuff visually
to kind of show you guys the advantages of being able to see some of this stuff visually
um it just helps you decide a lot of these levels out earlier so going back to an example that
people would probably understand is let's go to inj when inj was a thing and you see this stuff
on centralized exchanges and stuff wouldn't it be nice to be able to see where people are putting
their tokens at for limit orders to be sold to the upside wouldn't it be nice to be able to see where people are putting their tokens at for limit orders to be sold to the upside?
Wouldn't it be nice to see that, oh, look, somebody's putting a million dollars up over here to the upside.
Oh, looks like somebody's putting it in a wide range to where they have a million spread apart from 18 to 32.
Or wouldn't it be nice to see, oh, look, this person's trying to sell a million in a very tight range over here within this price point.
oh look, this person's trying to sell a million in a very tight range over here within this price
point. This is why I like trading on-chain even more is because with on-chain, you're able to see
all this stuff. So you can see over here right now with the price of Jupiter being at 43 cents,
majority of the liquidity in this pool is sitting up over here at 50 cents and the largest portion
being up over there. So those kind of things end up being
extremely extremely important to me because I'm able to kind of make a better decision on where
I want to place my liquidity where I want to get out or if I'm over here running a strategy where
I'm trying to take advantage of what people are doing like I can figure all those kind of things out so let me see if I can change as one more example over here
I don't believe we have that update through yet so let me show you over
here all right
hold on
alright
I'm gonna do RFC real quick
so RFC has 200k
in liquidity over here
dude juice have a good night man
alright so
one of the things about visualizing liquidity that's very important is being able to figure
out where there's inefficiencies at or where there's other strategies going on inside the
DLMM already.
So what I mean by that is, so there's three different types of strategies that are available on a deal of them
there's a volatility strategy that's just straight up spot strategy where you're just putting one
soul in each single bin and that's about it you're not getting any complicated you're just picking a
range and you're setting a set price so that means if the price goes all the way up you're going to
be sold out at whatever the cost average of your range is going to be whether it dumps
down or whether it goes up on a curve it's more towards the inside so your money is more towards
the spot price so there's a strategy like that so that means there's going to be less liquidity to
the outside and my favorite which is the bid and ask this means that your liquidity is going to be
towards the outside and this is more of a volatility strategy.
So you're trying to capture more of the volatility, but your liquidity still starts from spot price because you're still trying to capture whatever existing volume is going on, existing volatility is happening.
So when we take a peek over here on Meteora and you see all the liquidity over here, you can see at certain points where it kind of dips down and dips back in.
And initially right off the bat I can tell the reason it goes down at certain points and then increases at other points is because people are layering in multiple different bid ask positions.
So most likely they're setting up bids to kind of scale into the downside because when you're scaling into the position
Let me show you kind of how it looks over here
All right, so let's go back to this example over here about
The volatility strategies.
So we have those three separate strategies over here.
Let me check my phone real quick.
Give me a second.
Let me, um, while I wait, because I have to answer something, I'm going to go ahead and tip the fellows that did end up doing what they were supposed to.
So let me go ahead and send that to them now.
Because, like I said, it was only a couple of the fellows that did hit.
Alright, let me get into the arena.
Let me find the homies.
Okay.
So first person was Fangs.
Classic.
Fangs is the homie.
We're going to tip some gurs.
We're going to tip a lot of Gurs.
Send tip.
Two mil Gurs for the homies.
I was gonna give a mil, but we'll do two mil since Gurs is downs at the moment.
I have 35 mil, so I'll probably just give it to everybody anyway at the end of the day.
Okay.
So I got fangs.
Let me do broom.
Broom links. I got fangs let me do broom
broom links
oh man this mobile experience is nice it's very nice all right I sent broom to mil girls as well
Just a moment.
Okay.
Let me give it to Mark C as well.
Mark C.
There's the homie Mark C.
Alright.
2 mil for you.
And then...
EZA was a little late, but I got to anyway.
CD's BTC, he did not follow directions unfortunately, so...
Can't really do anything there. Samuel was the first one that commented, so...
I'm gonna give you a little extra.
I'm gonna give you 2.5 mil, just because you were first...
First comment.
Alright, so I got Mark, I got Samuel, I gotta get Kimothy.
Alright, so I got Mark, I got Samuel, I gotta get Kimothy.
Dude, what's your guys' vibe on the Boy the Bear stuff?
I'm curious to see what you guys have to say if I have any of the Arena homies in here.
Hold on, let me do.
And then we can go back to the DLMM stuff alone.
And then we can go back to the DLMM stuff.
All right.
Alright.
Alright.
Two mil for this, good sir.
And then the last one is EZE, and then we can continue.
But yeah, go like and retweet the link.
Go let everybody know I'm talking about DLMMs.
And I'm going to explain to you guys how market making kind of comes into this
and how if you wanted to market make, you certainly could.
That's the best thing about this stuff.
You normally would need infrastructure.
You would normally need coding experience.
You would need so much to be able to market make on chain.
And with DLMMs now, that opportunity is in front of you i mean the
opportunity on chain has been always there with concentrated liquidity but meteora has just made
that so simple and so easy to do and maybe we discuss that portion of the next all right um
easy a i ended up tipping you two mil anyway just because you did comment there was only a couple of
you guys so uh yes shout out to you guys i appreciate you guys for commenting and we'll do it again i'll be doing more of these giveaways and i know the
flowmatic account is going to be doing some of the giveaways so definitely go get flowmatic a follow
go uh request access i don't know if you guys have seen the new the new landing page. New landing page is nice. Look there's... for my folks that uh like to sit here
and do other things, play some games. Alright. How do I exit out of this? What did I do? Alright, there we go.
Yeah, just say get access.
And write down your Discord name or your Twitter name on the form.
And I can take care of you guys.
Yeah, just need your...
And I'll get you guys the access code for it.
So, all right.
Let's go ahead and continue where I left off over there. Let me
go back and show you guys what some of these liquidity shapes look like and why it looks
like that on the chart. So, I showed you the spot one. The spot one is pretty simple. Spot is just
straight liquidity across the board, nothing else. So, you notice how it's like the same size all the
way across. So, there's a dollar in
every single one of these things. Now, if you're doing something that's a curve strategy, it's
going to be a little different. So let me go back to these DLMM strategies. So like I said, that was
the spot strategy that I just showed you uniform all the way across. And then you have curve,
which is more towards the inside so to show
you what it looks like right now within the range it looks more something like this to where
more of your liquidity is towards the center of that range and less of it is towards the outside
you typically use the curb strategy in
scenarios like stable coins you can employ it on other places but i would just say stay away from
the fancy stuff right off the bat wait until you learn how to do this stuff i mean the curve is
definitely useful um i would say the curve is more useful in scenarios like this to where let's say
the price is over here and you still want to scale into it but you don't think it's gonna like let's say it just keeps tapping at the bottom and you want to
accommodate for the tapping you can set up a curve strategy and kind of accommodate the tapping
that's happening happening at that specific level and if for some reason it falls through further
you can quickly manage your position and exit out your position right off that bat because you have
majority of your liquidity within like a two% range. So curve is okay. Curve just takes a little bit more skill. Bid and ask is probably
the one that I would recommend most people probably try because it's just very simple.
It gives you a good, good automatic risk management on just like already built into it,
but this is what it looks like. So spot price is at the upper point it is just basically
you're setting up your liquidity to where your largest price point or your largest amount of
liquidity is at the lowest price point so you wouldn't really fill in that much at the top
but you would fill in towards the bottom so think of it as limit
orders if you're setting up a limit order you would typically layer in your limit orders and
try to get scaled in that the best price possible which would be the lowest point or like a wick
point and this is cool because it allows you to capture more volatility and it lets you capture
more of the crazy stuff so if something happens to where it causes the wick to come to the downside
and all the way back up you're going to get hit causes the wick to come to the downside and all
the way back up you're going to get hit with the most volatility which is going to be towards the
downside because that's going to be the token that caused it to come back come down to that price
point and if somebody buys it up you're the initial start point for that initial buy
if that makes sense again ask questions if you guys have any. I know most of you guys DM them to me, but I always say I appreciate you guys asking your questions and putting them out in public because 90% of the time if you guys end up writing something in chat, somebody ends up viewing the stream and they're like, hey, just remember when that person said this? What did they mean by this? Or i understand it now because of the way they asked
it so there's no stupid question there's nothing simple or there's nothing you can ask me that i
think is going to be wrong or you don't ask it in a wrong way because whatever you say you never know
who it's going to help later on or who it might affect so i say always like speak your mind and
say what you want rather than hold it in. Or DM me.
Whatever.
Alright, so market making.
Let's go to the market making portion of this one because I think I've been blabbing on for a little bit now.
Yeah, it's getting close to $1,000.
Yeah, it's been about an hour.
Yeah, we can talk a little bit more about the market making on chain and how that kind of functions.
So before I get into the on chain market making and how that kind of functions so before i get into like the on-chain
market making and how all that stuff functions this comes back down to i mean at the end of the
day with market making money does matter so if you don't have enough money to market make you're
gonna have a very hard time market making so like joe schmo with like 10k trying to market uh market
make um a multi-million dollar market cap project is not going to make any kind
of dent. On the other hand, if Joe Schmoe is trying to do with like 1020K and they're trying
to do it with a sub 1 mil market cap coin, they're going to have a much better shot at doing something
like that there versus trying to do it against a higher market cap coin. So just keep in mind at
what market cap you're trying to do market making and at market cap coin so just keep in mind at what market cap
you're trying to do market making and at what market cap it's at to where your capital is at
as well because it's going to make a big difference so once that's understood i guess the thing that
i should say it's attractive for is if you're a company or if you are a project that has
your own protocol on liquidity or you have management over that you should
definitely be setting up your liquidity properly on solana there's a different plenty of ways to
go about it you can go the route to where you're community centric and you can set it up with
solana pairs you can set it up with usdc if you guys have enough money to kind of eat some of
that pressure on or whatever you need to do there's a lot that can be done when it comes
to market making at various levels and again like I was saying earlier you have all these tools in
front of you because when I used to work with like the jump and sit it out people the way things used
to work over there was projects would approach us and we would basically set up levels for those
projects and actively manage those levels which is is what a DLMM is anyway.
So once you figure out the strategies on how things work and the psychological aspects of market making,
it makes things very easier.
And being able to understand those things, I mean, it helped me tremendously.
If I didn't learn some of that stuff, I think I wouldn't have been as good as I was on my DLMMs early on
and I just wouldn't have understood some of the psychology that happens in the market it would have took a
lot longer and it would have been a more expensive of a lesson but they saved me millions of dollars
from not making stupid mistakes but yeah let me give you guys an example over here so
let's say something launches early on or you're launching a coin early on or you even find something that's low on.
If something launches like this over here, I think typically price action ends up being something like this.
Consolidate, go up, consolidate, go up, and then it comes back down and consolidates, goes down, and whatnot.
So with this strategy that I'm showing you over here, this is just a very broad example of price action.
But this is what a market maker would do on chain if you guys are setting up things as a market maker on here.
If you do have a good amount of the supply or if you have a good amount of the buy token, whatever you want to use to buy it with.
Let's say this is you right over here.
So we're going to go ahead and start with the X over here.
And this is going to be the circle right there. So let's say you go ahead and start with the x over here and um this is
going to be the circle right there so let's say you go ahead and start right there that's your
initial token if something launches off right off the bat and you manage to get a bunch of the tokens
you can either obviously full stack it which most people would advise which i think is absolutely
stupid why would you go full stack a token Unless obviously it's one of those things you really don't think is going to last long. But if you have enough of
the tokens, instead of full stacking it, you can employ one of these strategies that are available
when you're doing a DLMM. And that comes down to those spot strategies, curve strategies,
or bid and ask strategy. So when you are implementing these things over here as a market maker,
those are the things that you want to keep in mind. And you want to kind of coordinate some
of this stuff when it comes to some of the whales that are going on, the people that are either
running the project and where they're putting their liquidity at, you know, just a little bit
of research is needed ahead of time. But once you're done doing that research to see what kind of competition is there,
what kind of coordination you can get,
you can start setting up your supply in various different ways when it comes to here.
So you can set up your supply in a way where, let's go ahead and do one of the patterns,
which would be a bit and ask pattern like I was showing you guys.
and ask pattern like I was showing you guys. So you can do a bid and ask pattern all the way up.
So you can do a bit and ask pattern all the way up.
So you can do something like this to where, let's say that's all your liquidity placed out over here,
okay? And majority of it gets sold out when it comes to right around this point, okay? That's
what your cost average point would be over here if everything gets sold out. So once you have your
thing like this, the thing, what this does when you set up a once you have your thing like this, the thing what this does
when you set up a strategy as a market maker like this, you're going to be collecting fees
the entire time it goes through, but you're also going to be selling out your native token.
That can be a good thing and a bad thing. If you're a good company that's trying to do it
legitimately, or you're a real market maker that's actually trying to be beneficial,
all the fees that you're gathering over here this entire time you're able to use those fees to kind
of set up your levels um now that i talk about it i realize this is going to be a bigger conversation
than i need and i want it to be but i will try my best to explain it so as a market maker when
you're doing this stuff on chain you don't want to necessarily just abuse
the chart and get out your fees you should never be market selling you should never be selling any
of your tokens through a swap ever ever ever ever if you're a market maker and you're selling your
tokens to give a fair price a dwt um that is not the fucking way to do it that is the wrong way to
market make on chain and this isn't the same market making as keeping spreads tight either okay i'm not in that game i don't i don't keep tight spreads i don't
provide volume in that sense all i do is i set up well you'll see what i do so you can set up things
like that and you can set it up different ways the way i was going to explain to you guys to go about
doing things is it takes a little more management but
this is the way that ends up being the most effective in my opinion and just my own experience
when you layer out your liquidity it's a very important thing to do is you're supposed to gap
things out you don't want to i mean you can always leave things to where you're collecting every
single bit of fees but if you're market making a token that token automatically has to have some sort of automated market maker that means they
have to have a normal 50 50 a.m. pool so if they have a 50 50 a.m. pool that a.m.
pool can accommodate for the gaps that are gonna happen anyway you don't
necessarily need to set up a deal a man so with that being said you would set up
your liquidity something like this so you would set up your liquidity at this. So you would set up your liquidity at chunks over here.
You would set up your liquidity at chunks over here and chunks over there.
Now, what the result of this is, is that let me go ahead and show another example.
So I'm going to go ahead and remove this X over here.
We all know we're starting over here.
So all right. So I'm draw X at X's at points where
there's low liquidity at so there's lower liquidity over here and if there's low liquidity at those
points and there's buy pressure that's coming through there whether it be through normal means
or whether it be through the person who's running like the deal of the main deal of them as well you're gonna have more
of a shot early on on lower market cap coins to see tokens run to that next liquidity spot that's
happening especially if there's a lot of orders that are going through and that's where you come
in initially in the beginning you're setting up your liquidity at those specific zones forcing
consolidation to happen and you're adjusting accordingly so if this
token goes up over here and there's tons of volatility tons of orders that are going through
and then it gets up to this point and you have let's say a good amount of the supply chalked up
over there it's going to consolidate until that supply is able to be ate up so if there's not
enough volume or people start selling out because they're
starting to see a consolidator go sideways hang on let me grab some water
i'm out of water um so if people start selling out over here, there's another part of the formula.
Obviously, you can set all the upside, but the other portion of it is being able to set up your downside as well.
So if you're somebody that owns a protocol or you're somebody that's a whale that's setting things up,
not only will you have tokens to the upside, you should have tokens for the downside.
So as there's levels to the upside, you should also be setting up your levels to the upside you should have tokens for the downside so as there's levels to the upside
you should also be setting up your levels to the downside now when you're setting up tokens to the
downside it might sound as easy as oh let me just go ahead and layer it right below that range it's
not as simple as that you have to keep in track of like what the existing volume is and what kind
of sell pressure is going on because you don't
want to go ahead and sell out for those people that are trying to exit out on their liquidity
or exit out on your liquidity right at higher prices you want to set it up just a little bit
lower to where the people who want to panic out and sell out because it's been a short time and
it's not necessarily breaking out they sell out into your lower liquidity points so if
they start selling up over here and there's not enough liquidity over here it's going to instantly
go down to the price once a couple of those sellers come through and you're going to get
more consolidation that happens over here so you're going to see consolidation happen over here
and these are those points when you cause the price to pull back because you set up your liquidity up
over here and you've earned fees for me when you earn some of those fees you should be figuring out
do you need to use those fees to support the chart or do you need the fees to cause acceleration
because when something consolidates over here people will notice that and if there's volume
that's causing it to come back through during a low liquidity point, you can cause the price to run back up.
So let's say the price comes back down over here and you still have your liquidity over here.
If you left it, the same shit's going to happen. It's going to consolidate up over here. But if you
use your brain and you move it up a level, that means that there's going to be a bigger gap of
liquidity where people can kind of run through. you don't have to make such like direct uh such extreme
changes to where move it like a hundred percent every range you have to be methodical about it
you have to understand where you're doing your liquidity at um with your market cap and how much
money you have with it so i mean i'm kind of explaining it vaguely because i don't want to
give it all away but you should be able to understand very well as far as like what i'm
explaining on rain setting and kind of behavior so if you're using these methods you can also take
advantage of these methods because a lot of these guys paint a very pretty picture on the charts
when they're doing it and they set up their liquidity nicely and the best thing about on-chain market makers is you can see their liquidity you can see where they're setting
things up whether it be on orca radium meteor or whatever it is you can see their liquidity levels
so if you can see their liquidity levels and they're expecting volatility you can go tighter
and take advantage of some of that volatility that might occur or vice versa you can take advantage of their market making methods and kind of go crazy with that
like so for example let's say let's say somebody did just set up straight upside
and they just set it up in chunks like this so for me that's somebody that
might not be let's say I'm a I'm a small guy I don't have that much money and I
see that somebody keeps putting in like 0.5 of the supply every so every 30 40 as a little guy i'd want to go ahead and start adding liquidity
more right when it falls outside of range or white when it gets back into range because
i'm not going to be able to compete with an lp that's market making and has larger capital
because they're going to be making most of the fees. And if you're a proper LP, again, it's coming back down to the fees.
You're not going to be using those fees to market sell those fees.
You might, but you're better off setting that liquidity up during momentum
and letting it go off and then withdrawing your soul and adjusting it.
So again, automation, Flomatic, we will take care of a lot of these issues
that I'm explaining
right now. And like, I guess it's not necessarily like fixing any kind of issues. It's more,
there isn't any kind of automation in any of this stuff. A lot of the stuff that I'm explaining,
this is all manual. You have to sit here and do some of this stuff. So it's really fun and
it's really worth it. And it makes a shit ton of money. It's just, it's very time consuming.
It does take up your time.
And if you're doing it for like a company or a project,
depending on what's going on,
it can take a lot of time.
And again, the other downside,
I guess what this would be is, is that since you're not somebody that's making volume
and keeping spreads tight like that,
you're also exposed to a lot of risk as well.
And that's one of the reasons people don't market make on chain is because you expose
yourself to all this risk.
And once the volume starts dying down or things start slowing down, as an LP, you're not
going to make that much money and things are fucked.
And at the same time, if things are going down and there's not enough volume, leaving
your liquidity to the upside isn't going to help at all.
Because at the end of the day, you're just creating another liquidity zone instead of a gap to where things should break out.
And I think that's where a lot of people struggle as is they're looking to offload their inventory, but they're not paying attention to anything else.
And that's like the worst thing about this shit is people are taught with their deal of memes
to offload their inventory yes that's one method of using a deal of mem but if everybody just does
it that way that's what causes charts to fucking come down so fast and people to exit out because
you're just like rinsing people out so yeah you'll never catch me kind of saying it like that like
i'll tell you guys if you guys are like whales and you guys are in a project that has a lot of volume.
But I'll never tell you guys to just fucking set upside and just walk away with stuff.
I mean, that's just not good for the chart.
That's not necessarily good LPing.
So, anyway, there's a lot more to talk about when it comes to LPing.
I'll continue to talk about it for a week because we have tons of cool stuff going on with Flowmatic,
with a lot of the lp
stuff and a lot of our dlmm terminal super super excited to show you guys stuff but yeah i mean
mostly wanted to show you guys some of the chart features that we had and being able to see some
of this stuff over here because for me it's just a headache being able to or just having to swap
through all these tabs having to do a bunch of things just to kind of get some of the
simple stuff needed done and when it comes to like the dlmm terminal over here on phlegmatic
i don't have to hop around i can see all those data's points and i can make a proper informed
decision without a million different things and especially when there's volatility if i'm playing
something like a juice token and it's something early, I want to have the tools in front of me.
I don't want to go do this in multiple different places because sometimes it might not work.
Or sometimes there might be too much volatility where things aren't loading properly or things are just moving way too fast.
So, yeah, check it out.
Check Flowmatic out.
I guarantee that will change your experience on DLMMs.
And you guys will absolutely love it.
And I would love to see what you guys have to say as well.
Like if you guys have any feedback.
If you guys would like to see any kind of improvements on the searches.
Or whatever it may be.
Anything you guys might have.
Like let me know and we can just check it out.
This is actually the mobile view.
I don't have the full view open.
Hold on.
Yeah, my screen does not support the full view on stream.
I'd have to adjust it a little bit. Hang on.
Yeah, it doesn't support the full
stream view.
But I'll be posting
more about it this week so you guys can learn about it.
But yeah, that is pretty much
all it for stream for right now. Let's see how many people
we had on this one. Look over at 1k people on this one but yeah if you ever have
questions about market making options uh deal mms whatever it is liquidity providing let me know i
would be glad to help out um never ever pay anybody to do some of that stuff i mean you can if you
want to be nice but uh for knowledge you shouldn't fucking pay people for this shit. There's so many people that are doing
this stuff. The difference ends up being who ends up doing it officially and who ends up
doing it efficiently, officially and officially. Both are very, very important when it comes
to finding the right person to do it. Just because you're making tons of fees might not
necessarily mean you're doing it of fees not might not necessarily
mean you're doing it efficiently you can be doing it more extractively as well um and i think that's
like the biggest thing that people have a hard time finding is there's people who dlmm who are
helpful deal mms and then there's other deal mms who are extracted deal mms and we'll discuss all
that tomorrow about what is an extractive DLMM,
how you're going to find inefficiencies and how you can find edge cases, what are some
ways you guys can scan some of this stuff.
So I'll bring all that stuff up tomorrow and it looks like we had a good amount of viewers
tonight so we'll aim for the same time tomorrow, 9.30 EST and if you guys have questions again
just DM to me and I appreciate you guys and I will catch you guys later. See ya.
