Good afternoon everybody.
Thank you very much for joining the stream.
We're going to give it a few moments for everybody to hop on and we will begin after that.
But it looks like we had a little bit of a retrace.
It's okay. A little bit of a retrace, it's okay.
A little bit of a climb down, looks like there's, we can see Bart Simpson there, but yeah, we'll
get into all that in just a moment.
Wild times, boys, wild times.
And girls, but I mean, I don't really know any crypto trading girls at the moment or even DLMMing ladies.
But yeah we'll start once we have about a hundred people on here.
If you guys don't mind liking and retweeting it so we can
Get everybody on here. That would be fantastic
Yeah, I mean the markets are what the markets are I mean I'm not necessarily concerned I look not surprised
Volatility keeps dropping what's Dixie
doing that's the that's the real question people are out here focusing on
Bitcoin I'm focusing on Dixie and making sure it doesn't bounce here if this
breaks down that'll be good for crypto but we'll talk about all that in just a
moment let me set everything up real quick like I said if you guys can like
and retweet that that would be fantastic if you guys don't like and retweet it, at the very least, what you can do, I'll
tell you what you can do. If you don't want to retweet it, you can go to my profile, hit
Flumatic, and uh, hit follow, hit that follow button.
Alright, got the Ichimoku on.
Like I said, we're waiting for people to hop on and I will start once everybody is on.
Well, we can leave that one without an indicator.
Doesn't really matter. But going to the one hour does. We'll actually just go to the four hour on these. One day, yeah one day seems better. One day is a much better
outlook. Not for Ethereum though. Alright, charts are set up.
Let's see how many people we have on right now.
Yeah, definitely gonna wait for people to come on before we start this.
Let me go post this under my livestream
alright cool now we have 95 people there we go
yeah we will start in about five more people.
Just gonna go over the markets, talk DLMMs,
If you guys have tickers you guys want me to check out,
We can do some chart requests, so if you have anything
you guys want me to check out, just post it on
the Twitter side or the Twitch side.
The Twitch side is obviously better quality.
Let me actually open this up before you guys start commenting there we go all right
now I can see everybody's comments oh dude godson is on again dude I
appreciate it man and mr. beast is on too. Oh, Mr. Beast.
All right, cool, I think we can just start.
Yeah, I mean keeping everything very simple. I mean, it's the same stuff for me and that's kind of probably why I haven't really been posting charts or updates.
I mean we've been in a downtrend since the 25th of January and
I mean, we've been in a downtrend since the 25th of January and
What we pretty much need is the four-hour or the one-day cloud to kind of turn around if the price can get into the clouds
Fantastic reversal coming for now. I mean I'm scaling in I happen to get in entry when we dump down to 115
But it wasn't like I mean it was just I happened to be at the computer and we were dumping
I wasn't really expecting us to kind of stay there so I didn't really get filled
too much on that one so right now kind of just waiting for a few more days to
happen most likely I mean the way we're going right now and the way the space is
I would say next weekend is probably the more bigger weekend since we have a
monthly close happening on a Monday versus the weekend So that'll be nice volatility during the week, and we'll see what happens with the clouds when we go to the cloud section of everything
I mean, this is how it looks over here. That's April 1st, and that's March 31st, so price needs to make sure it does this
So it can do whatever it wants. It can't go below this line, and it needs to stay above
So it can do whatever it wants.
It can't go below this line and it needs to stay above,
yeah, it needs to stay above this line by this date
and then start pushing into the clouds.
So if it can do that, fantastic.
When we look at Bitcoin on the one day,
it's looking kind of like the similar thing as well,
but it's on a shorter timeframe over here.
So with Bitcoin over here, hang on.
actually yeah March 25th 7th so yeah next week this time Thursday or Friday
next week we should have an answer as far as are we gonna get a cloud entry if
we do fantastic if we don't then well boys I'll see you in Chop City a little
bit because when we go to the weekly we just got to make sure we don't then uh... Well boys, I'll see you in Chop City a little bit.
Because when we go to the weekly, we just gotta make sure we don't break in the weekly clouds.
That'll be... that'll be bad. That's my...
That's my concern point. But we're still a little bit away from that one.
So I'm not gonna worry about that for now.
But yeah, main thing is Solana.
As long as Solana is looking alright and is still kind of up for the most part,
it should mean that DLMMs kind of are doing better.
At this point it looks like with Solana being down things probably got flushed out this
morning. Some of my techers were down when I was checking them. Like yeah, Meyer was
on a really nice run. It went from back down here with my bags up here but then now had
like a nice little 40% dump. I mean this is good for DLMM. It's like the volatility is there but
Got to do the AVAX, huh? Yeah, I can pull up the AVAX. Why not?
I mean AVAX is kind of struggling probably as well because yeah, AVAX is struggling because of Bitcoin
which is kind of crazy because
AVAX ecosystem is doing actually really good. Everybody over there is grinding. There's a lot going on
The system is doing actually really good. Everybody over there is grinding. There's a lot going on.
People are making money on AVAX and most people aren't even fucking around with AVAX.
So, pretty decent point over here. I mean, I'm not gonna call the bottom on AVAX right now because
it would need Bitcoin to go through. Like, a lot of these coins that look like this for me, in my opinion,
seem more like... It would be so much better if Bitcoin could just rinse down to 60
and then start bouncing back up because that's kind of what those all these
extra coins need they can't tolerate some of this downside so worst-case
scenario I would say back to single digits with AVACS that's that's kind of
scary but it's definitely possible so I would just keep an eye on this one. I mean if I go to
the ichi stuff over here with avax same thing almost everything looks the same so that's what
I personally like I absolutely love it when everything looks the same because it's a very
clear cut strategy for me at this point I just kind of have to wait for the cloud entry and
it's just a matter of patience in the meantime I can go do DLMM stuff I can do stuff on a Vax over here with Lp'ing I mean like I said the stuff on
a Vax is good as well because right now a lot of these pools are doing very very
well and not many people have it set up as concentrated liquidity which is kind
of wild to me but yeah the fees are definitely there. Let me just take a look at one of these pools over here.
Analytics volume over here fees.
Yeah, and like see look at this. So they have 214k over here, but the way it's distributed, it's spread apart really wide. So that's why like the fee structure is only 570. Because
most likely if I look at the cat chart right now just visualizing the LP and just analyzing this that shit's probably going down or
it's going it's without volatility at wherever it's at so it's consolidating
so we can take a look though now I'm kind of curious The yellow cat.
Knobs did a fantastic job launching this.
Yeah, it's down at the moment, but let's see how down it's down.
Yeah, it's not necessarily down.
It's just the volatility is not there, so there's not necessarily a big range going on right
now. Like previously we were having moves every couple days like that. So the last
couple last two days it's kind of been sideways and down again. So that explains
like the metrics on the side. But anyway the point is is that these are kind of
situations where since everybody has their liquidity spread out
like that they're not necessarily concentrating it properly they're trying
to look at it long term and for a different way than I would personally so
like if I look at that one I noticed that all right well I probably wouldn't
go below 30% of a range if I was gonna go to the downside if I was gonna go to the upside
Over here, I wouldn't want to bet beyond what that breakout is, which is probably which looks like it's about 20%
So I'd set up my liquidity 30% either way
on both sides at this point and the reasoning for that is because
I should turn that off. Hang on. Sorry.
The reason I said that is because whoever has their range currently is more like something like this. They probably have it 100% to that side, and when I look at the downside over here,
they only have a little bit to the downside. So there really isn't look at to the downside over here they only have a
little bit to the downside so there really isn't any liquidity to the
downside so you can actually probably make out like a champion by just bidding
and it's the same concept over at Meteor if I'm trying to exploit a position of
whatever's going on I can definitely take advantage of some of that stuff by
myself without doing like here let me just uh I don't think I've
gone through things with this kind of example so let me show you some how do I how would I put it
I guess methods of like what I don't know I'll just go with what I'm saying and you guys can
follow along um so these are like more so my edge cases for like how I'm able to find an edge in DLM's
How I can be more capital efficient than other people and yada yada
First things first. I like to check out what the daily max fees are currently and looks like nobody's making six figures
It's a struggle out there when the DLMMs aren't making six figures or there's not
multiple meet make multiple people making over 10k you know it's tough times
out there but that's not a problem we can make it work so let's see I mean
normally when things are at the top of the fee list that
means they've already pumped or things have done really well for the LP as well
as the chart itself so there's a lot of volatility going on a lot of people
exiting and kind of getting in seeing if it's the next hype token so you got to
be really careful with picking the things at the top. Is it something new? Is
it something that's been around? Is it something that's been around?
Is it something that came back up?
So those kind of things really do matter in my opinion.
So let me open this one up to the Meteora one.
I wanna open up this SRR 6900.
I have no idea what it is, but we're gonna open it up
And the reason I click this one is because right off the bat
Not only is it number three on the list of max fees. I noticed right off the bat. This says 5% pool
With 400 bin step and for people who've been on stream and kind of understand some of this BinStep stuff, that's a wide range with heavy fees, which requires volatility in a wider range.
The token better be at a prime price to keep that going.
Especially with somebody making 20k already in this one, in this environment.
So... We'll check it for shits and giggles though.
I'm sorry, they made 40k. Yeah, this shit's topped out.
Okay, so here's something I don't like when I look at things.
If I notice that the TVL is locked at 13k and there at 40k and fees I know instantly
the main LP who made that 40k has now taken out his token and dumped on you or
Has completely withdrawn is waiting to dump on you. So
Paying attention to that ratio is extremely important when you're looking at things getting into a pool like this
You definitely don't want to bet to the upside
I mean you can if you have some kind of to bet to the upside. I mean, you can
if you have some kind of alpha, whatever it is, but I'm strictly data, data driven and
data speaking at the moment. So, and from my own experience, and I could verify this
with like tons of people in the discord because they've all done this with me, they have all
their own experience on this stuff. So it's all these things that I'm telling you guys
right now are things that me and everybody else have experienced ourselves over the past year and a half, things that
I've seen where I've lost money myself and you know just trying to basically teach you
guys those lessons without you guys losing your money first.
So yeah so 13k over here, 40k in fees somebody definitely with through liquidity is fucked up charts probably fucked up
But let's take a look at GMGN
Yeah, charge fucked up but
For people also who've been on stream. This is like what I kind of
Explain of like what I kind of like to do in some of this stuff.
So, this is like a really good example.
So if this one's going to survive, it's going to survive over here.
So I normally like to play things like this, which kind of like go sideways and then go up and then kind of grind down.
And once they've reached a consolidation point, that's what I like to play over here because that's great for DLMMs.
consolidation point, that's what I like to play over here, because that's great for DLMMs.
Whoever was in a DLMM before must have caught most likely all this stuff over here and maybe
a portion of this and not this stuff.
So this should still be something, yeah, it's already kind of going.
So we'll see if this kind of goes through over here.
But yeah, this is a really good example of like just a general setup that I like to look
for. I like to look for that consolidation
because normally there's enough volatility in here
and if it's in my favor, it's gonna break out of range
and it's at least gonna go up to here
which should be, yeah, it's like 100% move.
And if that's with all that volatility happening,
you know damn well I'm gonna get paid
per swap so you'll love to see it.
And I rather bid sometimes as well, like I don't always have to buy to the upside.
Most likely with something like this that hasn't broken out yet, I would try to bid
to the downside first and see hey, is this something that's not letting me get 8 up to
to buy the upside i normally don't keep the same ratio if i'm gonna buy to the upside as well
so if i'm buying to the upside and this is what the chart looks like i'll probably put two soul
to the bottom and one soul to the upside or maybe 0.5 uh just because i want to keep with my main
plan which is you don't buy at the top of the range you typically
bid unless you're really planning on a breakout but DLMMs are not meant well at least not for me
I don't like playing DLMMs as a breakout like it's cool if I'm in there and I have fees and it breaks
out like who wouldn't like that but that's not the point of a DLMM for me it's to capture sideways
price action and it's really good right now because there's a lot of things that are going sideways and that's the shit that
happens when markets are shitty, bear markets, you know, all that stuff that
everybody's seen over the years and yeah before, I guess like two years ago, it was
a lot easier to do options. I could play a lot more sideways, it was a lot easier
and yeah, just the option space kind of got was a lot easier and yeah, Distoption Space kinda got a little tricky nowadays
and yeah, I can't really do the sideways stuff as well anymore so
I replaced it with DLMMs and it works really well. Anyway,
so the charts not bad but that kinda explains to you guys that they made most
their LP fees up over here and what you guys are facing right now.
Now that the volatility has expired and now it's in a much much tighter range.
Now it's in more of a 90% range and 50% down range.
So that's the range that you're seeing right now.
Is it efficient to pick a 5% pull at this point?
It's probably not because that means you're expecting a breakout yet again.
So for me, knowing all those things, I'm gonna pull the contract address.
Let's go ahead and take a look at these pools that are happening over here.
Alright, so there's three pools available with 20k TBL.
Yet again, keep in mind, somebody walked away with 40k out of this one, so it's kinda sketchy, but...
Keep in mind, somebody walked away with a 40k out of this one, so it's kind of sketchy.
Alright, so there's three pools open over here.
I mean, you could be that guy and open up a brand new pool over here and do a 1% pool.
I would probably be that guy at this point doing that, but I'm probably not gonna.
So the 2% is my next best option.
The reason I like the 2% is because that's much, much lower
than the 5% and that's significantly lower,
So you're looking at a 1400% range versus like a 150% range.
So a big range difference,
so that means more of my money will be concentrated
depending on where I put it.
So I'll be able to capture more of my fees, which we just kind of figured out over here
Hey, this is only in a hundred percent range to the
Downside to the upside on the range over here and about a fifty percent range over here. So
Going on a fourteen hundred percent range doesn't make sense because at that point you might as well be in an AMM because you're not
Concentrating your liquidity properly. So going back into that same thing
5800 in fees and it has 4800 in
TVL locked I mean that's not too bad because I've done things like that before
but again the ratio really matters because if the ratio doesn't meet up
with everything else then somebody has already extracted money or there's
something going on so it's just something to be careful of. Oh look this
is such a good example ticker because it just has all the functions of
uh like the alpha portions that I don't normally discuss on the stream and it's
and it's like the other stuff so all right so I've explained why we're picking this one with the
tight range and everything um so even though it's a 2% fee remember the max fee is important as well if there's enough
Volatility and there's not enough money in each of those bins and it's blowing through and that's the main order that gets it
That means you're gonna get charged a higher max fee up to 10%
yeah, it's just something to pay attention to because
That's the like a how can I explain it that's
why people like that's why it's good to see those whales they pin with like the
10k 5k and that's why you want to be on the LP side of things because if you're
on the LP side of things you benefit from them aping so again just like a
prime example of something something back in the day real quick. Oh
Look crash out. It's gonna come back up you watch
Bowden Bowden is a good example. I always use this example
yeah, this ticker made a shit ton of money in LPing because
There was just a ridiculous amount of aping going on and it was in a very tight range
So this was before like all these wicks were like actual movements of the price. Not all of it was sandwich attacks or things like
that. So I was LPing over here and there was just people aping 25k, 50k and the
cool thing was nobody was DLMMing. It was like me and like five people,
maybe like ten people DLMMing. But most of the time on some of these things I
already had dealt with people on other but most of the time on some of these things, I already had dealt
with people on other places before, so I already knew some of this stuff going into it.
So I was the only main LP on it, so I didn't mind tossing my money into there being like,
all right, well, this is good.
And sorry, someone text me.
And I was just making a shit ton of fees fees and I would always end up doubling or tripling
whatever my main initial LP deposit was.
So if I put in 10k, it was very easy by the end of the day to make like 10 or 20k to that
It was not hard at all, especially if there was like crazy people just bidding through.
So yeah, those were like some crazy crazy times over here and then obviously things starting to get
diluted because there was like some selling going on and then people started
figuring out DLMMs and I started teaching more people and people just
started setting straight upside on Bowdoin. There was just like 2.5 mil set
up to the upside in a high percent pool. So I told everybody,
you know what, you can vamp the pool. And so I had everybody open up,
I think it was like a 1% or a 0.5% or some kind of low, really low percent fee pool.
So that way they could still make money as LP,
but they would undercut a lot of the liquidity that was set up there as a 5% liquidity.
So, yeah, it worked for a little bit.
I mean, until I believe it was like Ansem came through and I think he market sold or set up a big old DCA for like 1.5 or 2 mil.
At least that's what everybody was saying. It was him.
And then Bowden died. So, and then here we are today.
Anyway, back to this stuff.
So, yeah, so you guys should understand like the rain stuff and like why I picked, picked like what I picked, but here's like some of the other things that are pretty important as well.
I think it would probably be best if I open this one up over here. Hang on. There we go.
Alright, so this might be a better visual for people over here.
Alright. Alright, here we go. Alright, so this might be a better visual for people over here
So here is the chart itself and this is like the liquidity in that specific pool and how it's placed
So you can see that there's more liquidity towards the upside over here within this range
That's towards the upper portion of the range and when you look at over here, there's less liquidity on these things over here. So the reason
I'm saying this stuff is because when you're on, let's say over here, and you're
seeing that there's no liquidity placed over here, that's where you can really
really take advantage of it. Because at the end of the day, it's how much money is
in each bin. And in each bin right now, there's like absolutely nothing over here.
There's $27 in these bins, there's $8 in these bins.
So that means any kind of order flow, the bucks or less, gets processed through this
It's significantly less fees, but it's not set up properly, so they're not making enough
And they're not providing liquidity in the right areas to where they can make enough money
So these are places where I like to kind of pop in liquidity or I like to look at the whole entire picture
And I'm like alright. Well, where is the liquidity at? Where can I kind of pop in see like notice over here?
How there's like a big giant wall at this point over here
So there's definitely like walls over here. There's sections of
liquidity which are like less than others and that's where you can find edge cases is
wherever there's misplaced liquidity. And some of the times there's not, there's a reason
for misplaced liquidity as well. So you can, I mean, but I don't really see that. I only
see that when Citadel or Jump is market making and I don't see them market making on chain
anymore. So you don't normally see it but like their strategies is just kind of gapping
out liquidity and the benefit of like gapping out liquidity is, hang on, yeah if you gap You can do things like this.
Like, I don't know if you guys, I mean I don't know if I have to explain it, but um, the way liquidity works is, let's say you launch a token, okay?
And you supply it with 2 Solana.
If you supply a token with 2 Solana initially and people start buying,
there's gonna be some extreme volatility
Because there's not enough liquidity to support the trading that's occurring right off the bat
So your chart will look crazy people end up getting up a lot of the supply
So there's a lot of things that happen if you pack it with liquidity
That means that if anybody does buy a bunch of the supply the price may not move as much until there's enough volume to kind of
Exceed that liquidity that's available and vice versa to the downside
Doesn't matter who snipes it because you have enough money to eat those snipers and not uh not affect the chart. So
If you leave liquidity gaps in things
It kind of gives you like the same concept.
So if you leave a liquidity gap over here and there's not liquidity and it's at the next portion,
it's either gonna bounce through or it's gonna come back down to your support liquidity.
And you can keep adjusting these things up and down and
however you want if you have the ability to manage it or if you have automation of sorts, whatever it is.
So that means you can make a chart go consolidate gap through consolidate gap through
consolidate and normally the size of the boxes is reversed normally people like
to set it up to where they're setting up more liquidity at the bottom portion
least when things are going to the upside and less when it gets to the
upside and the main reason for that is because you don't want to buy back the Jeets at higher
prices, you want to let them sell out.
So that's like a common market making.
And the reason I'm explaining is because if you can understand this stuff, you can understand
a lot more of these charts and a lot of the things that happen on chain.
But yeah, you don't want to buy prices if you're supporting the price over here.
It's much different than supporting quarter mill over here with liquidity versus quarter
mill up over here with liquidity.
So you're going to have less of an impact and you're just providing more liquidity to
So like to the downside, I can show an example as well.
So like to the downside over here, maybe instead of going three clicks up, you're doing something
like this. And again, you can place all your liquidity on some of these tokens over here the same concept, same way.
And if you have a majority of the supply, you can kind of run it for a little bit.
Until it gets really high market cap, then you're kind of competing with volume and you need size and stuff.
But anyway, for the downside downside you could do something like this
Let's say you start off over here, and the price gets over here you get the consolidation It pops up over here, and you're like you know what I don't feel like buying anymore
I'm gonna go ahead and put my liquidity back down over here
But just a little bit higher so whoever selling over here the minute it pops down close to this point
It's gonna most likely feed to that next liquidity point and kind of consolidate over here until everybody's done selling out and
then it comes just back down to
when people buy in consolidation and look for breakouts and stuff and if
You have like a supplemental market maker. That's also keeping like range spreads or keeping volume going you can
Obviously drive price to the next
bracket itself and make it more appealing.
So anyway that's getting into like the whole chart painting market making aspect of things
and I don't know how many people are actually interested in that stuff on chain but the
cool thing is is that all those tools they're available right in front of you Meteora.
Meteora they are another cool thing is you can still earn that Meteora airdrop, which
fingers crossed it still ends up being really good for me, but
yeah, if you're still LP-ing, you can make a good amount of money on the airdrop is my guess
because not many people are doing this stuff. I mean, there are, but
I mean, when I talk to it on my feed
if it's not the people that I've told how to do this stuff, I'd say maybe like But I mean when I talked to it on my feed
If it's not the people that I've told how to do this stuff I'd say maybe like 1% of my feed knows what they're talking about when it comes to Lp and most likely not DLM
So it's still a very untouched topic most people don't like Lp. I don't know what it is
Dude Stevenson, what's up?
Alright, so yeah, I mean, it's just really cool.
I mean, this stuff is just really cool, really useful for me now, like on chain.
I would probably, if the market comes back and we get this fabled bull run that everybody's talking about like oh man
I'm so excited for that to come back because there's gonna be so much opportunity and
Man, I can't tell you like you guys if you guys have been on my older streams
You can probably find them on Twitter. But yeah, man. This page was littered with like 100k
Wins on the first on the first page entirely and there was just so much to pick from.
It was easy to go to these bin structures and be like,
all right, who has 400 bins over here, 5% going on?
Who can I undercut down to 1%?
I would never go below 1%, but if I saw an opportunity to kind of take advantage of it,
I'm not going like crazy size either.
There's no absolute zero need to go super size. Like a lot of people ask me that as well they're like
why don't you size up I mean I could go up like I just don't see the need to put
in a hundred K into an LP um that's wild especially not a DLMM that's crazy I
mean the fees would be fantastic I mean I can't imagine but I'm very very happy
with 10 to 30 K in an LP just because I'm very, very happy with 10 to 30K in an
LP just because it's very easy to take your 10 to 30K and wait like three, four days in
a proper LP that's going sideways within a range with some sort of decent volatility
and be able to walk away with whatever your initial LP deposit is and be able to withdraw
your initial LP too. So it's like double dipping over there.
So I absolutely love that in that sense.
So I don't need to be greedy and be, I can just slowly grind my way up.
I mean markets are going sideways.
I'm very happy with gradual gains than chasing that 100X.
I mean it's nice when the season's there and it's up only season, but it's not really
up only season, but It's not really up only season. It's like PvP season out there and
It's hard to find legitimate projects that are actually building stuff and the ones that you do find
Those are the ones that I'm probably accumulating at this point
Or keeping an eye on I mean, there's still a lot of people that are building legitimate projects
Great example come on come check out FloMatic. Great example. Come
come check out FloMatic. We're doing some good stuff here. I don't know if you guys
are seeing some of the new layouts that we have over here but yeah I'll be
having more positions opening up this weekend so this Friday I'll have some
more codes if anybody wants to try out the DLMM terminal over here if you guys
have any feedback anything you guys want to give me over here would be absolutely fantastic.
I don't have any wallets connected right now but...
This is the gold one that everybody was doing today.
Yeah we need to bounce for some more DLMMs.
I mean most of the stuff that's been going on has been Strictly Juice.
Juicebox has been finding a lot of the gems and stuff that I've been kind of dabbling
with so it's more of a shout out to him.
I mean when people say like you should have like a group, you should have friends and stuff to do this stuff
Because if I don't have the homies looking at things, I know for a fact I suck at finding
meme coins, but I'm good at liquidity and other things.
I just don't have the effort and brain power to sit there, look at socials,
get the vibe and see how it compares to the other vibe and what the community's saying. No,
fuck that. I don't have time for that. I have other friends that can do that. And Juice does
it very, very well. Kong does it very, very well. Which Kong's been busy, but Juice is here. Juice
is equally as good, if not a little better Kong.
He's gotten a really good gist of it.
I mean there's just so many things that he finds and like that's the cool thing.
You guys don't need much capital because he does lower cap tokens in Discord or whatever
and it's mostly for DLMMs and stuff but yeah I mean any of the plays that he does,
I mean he shares them so I don't always follow them but I know everybody else has been following them and they've been having a good time either DLMMing
them or just following along with them a lot of the names that he mentions end up
popping up on Twitter and I'm like damn another juice play I did not play so I
always end up regretting it but yeah get in let me link the discord so you guys
There's that and let me link it I
Need my option friends to do DLM That's the real alpha because anybody that I've taught that I know can do options
They just pick up on it really well
Like I know what you guys want to know you guys want to know are there any safe pools that we can put our liquidity in?
There certainly are I mean if you guys are gonna open up options on Solana if you guys are gonna open up options on BTC
Whatever it is you guys should be doing this stuff on
Here because you have the option to do it over here. So like for example
Man, there's a lot to pick from over here. Hang on. I
Mean this one seems like this one seems great
Like this is what I would size up on there's already 80k in here
So there's not really that much if you compare it to the other
BTC Solana pool it's at 1.3 mil and the 1.3 mil is in a 5% it is in a 5 step point oh three pool I'm gonna entertain this for a second
yeah they're um yeah they're in a tight range over here with this liquidity but
for me if there's volatility within that pair
I would much rather be in the 50 step over here because this seems like I wouldn't mind
Tossing in a much higher amount and trying to compete with that one
So this is something I would totally feel comfortable putting in like a hundred K into this one and letting it ride. So
Yeah, there are safer pools over here that are in your pretty pretty decent fee like a 0.1% fee is not bad over here
Especially if you're doing your liquidity properly, and you're the main LP doing some of the trading volume that's happening over here
Let me find another one for you guys, so USDC
Like there's a lot of money already in the sold USDC
There's 20 mil already in various DLMMs just kind of chilling around over here in Solana
You got 4 mil in a four-step pool point oh four percent. You got a ten step pool with point
Like this one personally. I like the
20 step point two percent with six point nine mil that's wild
That's competitive with the swaps and everything.
I mean there's so much money even in this one that I personally like as well. I like
the 50-step .4%. This is a pretty decent one as well. Again, these are things that you're
able to size up on and put more liquidity in these things and it always typically ends up being beneficial because it's no different than a strategy
that you would take on an options play.
I mean I know you guys know your ranges on things on charts and everything.
If something's not going to hold or if it's not in the right range or if it's not volatile
enough, you don't spread your liquidity out wide.
You spread it much tighter
If you think it's gonna be extremely volatile and you think it's gonna move but you still want to collect fees
You want to go do something like this?
You want to capture the spreads to the more to the upside over here whenever they start popping out so Any questions so far? Anything at all?
I know I've been kind of rambling for a little bit, so I will give it a minute for people
to kind of ask something. Please ask me something.
Let's see how that SR1 is doing. Yeah, so SR is coming back down in range.
We'll see if this one dies over here, but I mean this shit's like so low market
cap I didn't even look at the I didn't even look at the market cap looks at the market caps at 191k
So ignoring the low market cap
You know the DLMM example still stand
Talk pump swap is there an edge there?
Mean another low cap low cap one
So there's these are the things that I'd want to ask juice and like is this still alive?
Are we still good here, but we can check it real quick hang on
So initially looking at this one this only has 10k in liquidity so there's really not that much liquidity in there and
Most of it is stuck in a 5% 400 step and so when I look at the chart over here
There's not enough volatility to kind of support that and in the other pool. There's not enough so
So there's not enough liquidity to really do anything if you thought it was gonna do really well
Or if you thought it was gonna come back up or
They're actually doing something legitimate. Um, there's a shot but
Just looking at it right now. I mean it had its run up. Oh pump funds new decks. Oh
Hold on. Let's take a look. I
Mean, I'm not a fan of pump fun period but I shall take a look just to chew
I mean, they're not gonna be able to compete with the decks game in my opinion at all whatsoever
Yeah, look at this I'm not surprised they did this one
pumps a new native decks beginning now all coins that complete their bonding curve will migrate directly to pump swap
Man, I bet radium is salty as fuck on this one
I mean radium was already making enough money
but they're about to lose all the money that they're making because I'm
Wondering if they're also gonna enable pools on their end if they're not enabling pools and the pools still get bonded elsewhere
But the way it sounds like
bonding curves will migrate directly to pump swap so
are they opening up their own pool areas but hold on let me see
oh okay i should probably learn to read first hold on
it uh functions similar radium it's constant
yep they're doing pools but but they're doing AMMs.
Which is still gonna earn them a lot of more volume, a lot more recognition on here. So these guys are playing the system.
Look, PumpSwap comes with a similar 0.25% fee to each product.
So it's basically the same.
See this is the scam where they get you right here.
Each trade on PumpSwap comes with a 0.25% fee aligning with similar products.
To start here, here's how liquidity will be distributed.
0.2% to the liquidity providers, 0.05% to the protocol.
Once creator revenue share is live, the fee distribution will change.
It's pretty interesting because they're just kind of luring you into using like the pump swap which make again makes sense, but
I mean, this is the other important thing is over here. They did get a shit ton of audits
Which I mean again, I don't know I don don't pay attention to the audit space that much, but I feel like I've seen other better
Yeah okay, so just breaking this down a little bit.
They are basically gonna...
So like, I know everybody has seen this year about everybody talking about, oh, radium
has done so much in volume, radium is about to lose all that volume.
Unless people are gonna start going on radium and manually opening up the concentrated
liquidity on radium, I don't believe they're gonna get the same amount of volume that they did and I've explained this on streams plenty of times
Hold on. Let me retweet my stream because I keep forgetting I gotta I gotta retweet these things or people don't get on
All right, so the way this works is when PumpFund was initially doing their own things,
any kind of coins that got bonded,
Okay, they got put into a Radium AMM pool,
which is what they're doing over here, and they would be charged a 0.25% fee within Radium for
that pool for any kind of swaps that go through. Radium has its own protocol fee, which I believe
it's pretty high. I think it's like 15% or something. Again, don't quote me on the Radium
protocol fee, but I think it is pretty high.
So you have all that over there that radium was kind of gathering.
All the pump fun swaps that were going through or any kind of pump fun token that got bonded
at that 80k cap or whatever the cap was before they lowered it, all that got sent to radium.
And not only did it get sent to radium, it got burnt the wrong way.
So yeah, it was just everything got boosted to radium it got burnt the wrong way. So yeah it was just everything got boosted the radium
and so the competitiveness came out of where DLMMs kind of came out and that's why Meteora was kind
of catching up because a lot more people were starting to open up DLMMs or other pools on top
of that but more on Meteora's side. So yeah it's a pretty fun pretty interesting move but I think
an issue with this stuff is competing with Jupiter.
Like Jupiter does a really good job on their swaps and the way they provide their liquidity
to people and just how things happen on Jupiter.
It's just very easy on Jupiter.
And I talked about like the power swaps that happen over here.
Yeah, I'm not gonna go over it again. But yeah, the ultra swaps versus the manual swaps like
Yeah, this stuff is a very big deal, especially for LPs and stuff
So yeah, it'll be pretty interesting to see how this stuff kind of works out
But they're not really doing anything fancy
They're just doing a normal product AMM and AMM is what I explained before where you have to put 50-50 liquidity
So if you're putting in if you're opening up, I don't know Bose token with Solana and you want to put 10 Solana in there
Well, you're gonna need to put
10 Solana worth of Bose in there as well in order to open up an AMM unless you're launching the pool, of course
So and it's 50-50 spread apart all the time. So it's a
little different and yeah it just basically cuts out radium out of there.
They're gonna be making all the money that the radium was making off of this
stuff but on their own end. This doesn't actually stop Meteora at all because
they're not opening up a concentrated liquidity product. Radium does have a
concentrated liquidity product but the thing does have a concentrated liquidity product,
but the thing is is that everybody's using Meteor. Nobody I know is using, I mean the people that are
using Radium for concentrated liquidity at this point are more professional people or people who
really understand it, not retail. Retail knows how to open up a DLMM and set up all the liquidity to
the upside. So they're not going on radium in my opinion
At least until radium improves their UI or becomes a little more community involved in that stuff
But there's more of an incentive. They should just lower fees on all their concentrated products to zero for like a year
But yeah, no, this is a godsend. This is a really good mention. I did not know they did this
Yeah mention I did not know they did this yeah they partnered with every ecosystem
over here so they're gonna have all this stuff happening over here so that's
interesting too because what do we see earlier this morning
Tron I wonder if anybody commented on that one hold on
I wonder if anybody commented on that one. Hold on.
Yeah, nobody commented on that one. So it'll be really cool to see... Where'd it go?
Yeah, I don't even know where I was going with this one now. I lost my uh...
Yeah, I don't even know where I was going with this one. Now I lost my...
Yeah, it'll be really cool to see like how the liquidity stuff will work on Tron stuff because
I'm assuming that a lot of people are probably gonna start pumping Tron or His Excellency himself is gonna be pumping Tron and
if he's pumping Tron, I'm curious is there like a...
I can just put money in on pump fun and kind of do liquidity that way
like you can still make money off of
It's just a little different on versus a concentrate liquidity from my in my opinion the way to go about it
If you're doing that is if they offer higher fee pools like see that's the thing
This should be the fee distribution will change yes so the fee distribution should definitely
change they should do it with a 1% fee if they did it with a 1% matter of fact
they should do it to where whatever the bonding curve is right now if you want to lower the bonding curve
You have to open up a 4% pool. No questions. You have to open up a 4% point because
If everybody just set up a 4% pool, there would be so much volatility
There'd be so much opportunity around the space, but no we got
We make it normal to open up a point two five percent pool because that
facilitates volume and trading I
much rather see volatility and crazy charts rather than
The number looking little inflated because arbitrage is able to get in there
Higher fees means that arbitrage needs to wait for a higher price for the arbitrage to be executed
And I promise this stuff isn't big brain. This is uh, if you guys just do this stuff for a little bit
It's all it's all easy to learn
All right. What else do we have? Yeah, I mean that's pretty much all the alpha I could think of I just kind of gave away
I kind of came to mind initially with finding like extraction of value and things like that and how other
Market makers kind of do stuff on chain and just come some of these safer option like even JLP JLP
has been my favorite one doing the JLP this pool right over here
this has been a printer and this has been such a good printer because they have 2.5 million in here and they just spread
that shit out. So what that means for me is I can come in at specific points and also
pack in over here because I know JLP is not moving like that and really cash out on JLP
every single time. So there's definitely a lot of safe pools again just a matter
of how much fees you want and how fast you want like some of my whale friends
are very happy with 250 bucks a day like they're cool with it while my DJ and
friends are like nah man I need that every hour and I'm like you can do that
you just got to pick a more volatile token obviously I wouldn't aim for that
but it's there anyway, if you guys are on
the Flomatic terminal, I think a lot of people ask me, make sure you go on the
terminal and you claim your username underneath the leaderboard so we can
keep competing and you guys can try to see if you can catch up and get into the
top 10. I am personally tracking everybody who does end up coming up
over here and kind of grinding out to those numbers so
always really cool to see the homies up over here and that stuff actually clicking in because normally the way it works for me is
Like my own observation is they start off by making like a hundred two hundred bucks in fees and it gets them going and
The homies that make it to like one to two K fees
I feel like that kind of sets in for them. And they're like, all right, well,
damn, this stuff is pretty good.
How did I make that much fees?
And the price didn't do anything.
And that's when they click in and they're like,
all right, we got to grind up.
Shout out to Juice Box who's been climbing up.
I have multiple accounts.
I can't show the second one, but I can show one of them.
This one was me kind of sideways right now because I haven't been the second one, but I can show one of them. I can show this one. This one was me kind of sideways right now
because I haven't been on this account.
We were having nice spikes over here.
And then we had a really nice December.
And then even fantastic end of the year,
that shit ran up to 40K. and then we kind of slowed down kind of
with the markets and everything so i'm only up to like 45k or how much am i at yeah 46k right now so
i mean that's not bad in fees that's a hell of points because the way the point system works is
you get a thousand points for every dollar in fees you make so that's a hell So that's a hell of, that's a hell of, I mean I have so many
points I'm in the top 100 so. That's what I'm saying if I don't get paid out a nice
airdrop I'm gonna be very very upset. So initially my expectations were I'm
gonna make at least 100k on the airdrop no problems no questions asked it was
gonna be easy to make. Now I'm kind of second guessing that and I'm like well I'll be very happy if I make at least 50k on the
airdrop so yeah that's my vibe on the airdrop right now. I mean they look like
they're trying to kind of work out the airdrop a little better on Meteora and
kind of get things working out but we'll see if they kind of exclude a lot of the
scammers that kind of just pump and dump their coins like for example in my opinion
Let's use that other one for an example
so if we go back to that initial pool that we had which is the
Not the pump swap one. Oh
Man look pump swap came out from the bottom and pop back up
This would have actually been a good play if we would have just played this one
Hang on Jay, no not that one. What was that coin?
So like these are the things that I feel like they should be a little bit more fair about
whenever you have one if they can somehow link to the fact that this was just a person who launched a token that kind of scammed everybody now You're gonna double dip and get that meteor airdrop
So that's my only concern is I hope they kind of leave out the scammers
But I am kind of hopeful just because I mean I see the team and they're grinding
I've been following around them for like two years now almost so I mean I do have faith in it somewhat
But maybe that's just me being retarded. So who knows?
But anyway, I appreciate everybody hopping on that was a good stream
I will be live again later tonight if you guys want to learn more of the basics of
DLMM's but hopefully this one helps for no more of a
bigger brain level for people and I appreciate everybody that retweeted Godson, Aladee, everybody else hopping on, Oombas, the homies
Let me see if I have anything to show before I hop off
Obviously go follow flamatic company been we've been building for over a year and a half now
Go follow the berry decks people these guys are coming out with stuff
I mean always interesting stuff to see how people launch their decks and stuff
So always always interesting for me to see what people launch their dexes and stuff so always always
interesting for me to see what kind of mechanics they use what kind of
incentives they have because at the end of day if you can capture a community
and you can get that shit going fantastic and then obviously if you
guys want to learn options, Permia is your place for options, the Academy it's
free never ever play pay for options content the academy, it's free. Never, ever pay for options content.
You got it from options market makers
who made this whole entire course, Marty himself.
So there's absolutely zero point to ever pay for anything
for options content if you guys wanna learn it.
You should just learn it anyway
because eventually in the crypto space,
It's gonna be a slow run, but the concept here,
you can be applied to a DLMM.
And it's pretty interesting how the risk management strategies
of something like managing your theta decay or delta
but that's a whole other conversation for another time.
But anyway, have a good day guys,
and I will catch you guys later.
I heard they might do a second hyper liquid airdrop. guys and I will catch you guys later. See ya.