Rekt Fencer Profile picture
Professional rekter | Pronouns: rekt/degen | Founder of X DAO. Follow for alpha threads

Aug 16, 2024, 14 tweets

Saw a degen flip $500 into $60k+ on $SOL memes in a week

It required no trades. His secret?

All thanks to a FREE tool that almost no one uses

🧵: Detailed guide to mastering this tool in 10 mins 👇

Before we dive in, heads up — I’m going private on Twitter soon.

Want to keep getting alpha from me? Hit that follow button now.

And if you find this thread useful, give it a like, RT, or bookmark — your support means a lot!

You might not be a fan of memecoins, but you can't deny the current memecoin madness in the market.

The number of whales emerging from memecoins is now comparable to those with $BTC and $ETH.

And this is just the beginning...

But let’s be real — most of you don't wanna be in the trenches 24/7 to make money in this market.

But what if I told you there’s a way to make money on memecoins without lifting a finger?

In this thread, I’ll show you exactly how to earn passive income from them — no trading required 👇

DLMM Pools by @MeteoraAG let you earn extra from trader fees, not just by holding tokens.

Meteora's Dynamic Liquidity Market Maker (DLMM) uses 'Bin-style' liquidity like @TraderJoe_xyz, but on SOL.

Pool reserves can be spread out or focused in specific price bins.

I won't go into detail about how Meteora and DLMM pools work.

For an in-depth exploration, check out this comprehensive guide by @defilogist 👇

thewise.trade/dlmm-guide

Here's how to start earning with Meteora pools:

➢ Find a memecoin pool
➢ Use @dexscreener to spot trending coins with high volume and active communities
➢ Check @MeteoraAG Discord for updates from the bot and community

To find a pool

➢ Go to
➢ Enable "Show unknown token," and search using the token's ca

Here are the parameters I look for:

➢ TVL: >$50k
➢ 24hr Volume: >$600k
➢ 24hr/TVL ratio: >15%

Opt for pools with a high fee percentage, cause you will earn more. app.meteora.ag/dlmm

If a pool has a 24-hour Fee/TVL ratio over 999%, avoid it due to insufficient liquidity.

Also, steer clear of pools with low TVL.

When choosing a memecoin pool to invest in, ensure the token has long-term potential and won't rug pull the next day.

How to Open a Position

Once you've chosen the right pool, click on the "Add Position" section.

You'll have 3 strategy options:

➢ Spot
➢ Curve
➢ Bid-Ask

To open a position, you'll need to pay a 0.05 $SOL fee, which will be refunded when you close the position.

➢ Spot: evenly distributes liquidity across the entire price range

➢ Curve: ideal for a concentrated approach that aims to maximize capital efficiency

➢ Bid-Ask: inverse curve distribution, used for single-sided DCA in or out strategies

Start with the Spot strategy for your initial positions

Double-check all the settings and press "Add Liquidity."

Occasionally, open the "Positions" tab to check the rewards.

That's a wrap for now!

If you don't want to miss my future threads, join my Telegram channel now:
t.me/rektfencer_thr…

I hope you've found this thread helpful.

Follow me @rektfencer for more.

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