Chain Li (@transparent101) header
Chain Li (@transparent101) profile picture

crypto for fun (and sometimes profit) LP Army DLMM with @MeteoraAG

Joined July 2009
Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)Photo by Chain Li (@transparent101)
Stop-loss is your friend 😠 😞 been successful in avoiding rugs like that, but when it hits - it hits
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another pump and slightly better result, but opened super wide, should consider the token cycle better next time and put a better paying range
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missed the early entry, but may try it for a night shift as well tx @met_lparmy for the call 💘
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catching a volume wave
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ain't much, but it's on a 10M+, 10d old token which may make me expand my filter to safer plays with #Gudfeetek
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should just stick to wide positions and enjoy the pnl 🧑‍🏭 another shorter 50 bins position went out of range and had to rebalance it multiple times to get even, while this 70% bidask one was just collecting fees
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this is becoming my favorite shape - bidask + partial spot. my tool to automate these custom positions layouts is almost ready, hope to share it soon with more tasty pnls 😊
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just playing around with a tool i'm building for free-shape LP positions but token seems good, might jump in for one more round
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rushed out a bit, but p is p LP with @MeteoraAG rewards patience, but quick plays are always an option 😊
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maybe need to work on the exit strategy as token went up ~10%, so position could've gained a bit more had i waited for closer BB top match. On the other hand, the token went down even more right after, so 🟩 is 💸
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one more sub 500k play some good volume and gudfeetek @MeteoraAG
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i guess i'll ape-in only on sub-500k tokens from now @met_lparmy
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gone in 10 minutes w/ @MeteoraAG
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tried an "interesting" ape-in shape this time, and somehow it worked lol
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ran a tiny LP experiment spot vs bid ask, same pool, range and same entry/exit time, can u guess which is which?
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🤡again same mistake to ape-in late where the 70 bins were not enough for 2sided. token selection saved the day as it rebounded quite nicely and as i inverted fully token side spot from bottom got nice wins: the 81% here minus the losses got to around +20% final pnl
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89% PnL is sweet. In fact though it's more like 20%. Max Ape-in range of 69 bins was not enough for 2-sided, position went out down almost 50%, but here the power of @MeteoraAG with good tokens and patience - "invert, always invert" (C.M.) - new wide position from bottom saved the day
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we're @met_lparmy aka volume-chasers
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