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Day 2 — Advanced Strategies & Operations

Prerequisites: This guide assumes you’ve completed Day 1 and understand DLMM basics (bins, distributions, impermanent loss).

Advanced Strategies Overview

Mentor’s Strategy

Evil Panda’s Strategy

Security & Risk Management (Advanced)

Building on Day 1’s basic safety checks, here’s the professional workflow for vetting tokens and pools.

Professional Token Vetting Workflow

flowchart TD
    A[Find Token] --> B{Step 1:<br>Rugcheck.xyz}
    B -->|Safe| C{Step 2:<br>Bubblemaps}
    B -->|Flagged| X1[❌ AVOID]
    C -->|No suspicious clusters| D{Step 3:<br>Check Total Fees}
    C -->|Large cluster = SUS| X2[❌ AVOID]
    D -->|>= 25 SOL| E{Step 4:<br>Chart Activity}
    D -->|< 25 SOL = Bundler| X3[❌ AVOID]
    E -->|Steady volume| F{Step 5:<br>Fee Tier Check}
    E -->|Sudden stops = Wash Trading| X4[❌ AVOID]
    F -->|Appropriate for risk| G[✅ SAFE TO LP]
    F -->|Too good to be true| X5[❌ AVOID]

    style G fill:#2d7d46,color:#fff
    style X1 fill:#c9252d,color:#fff
    style X2 fill:#c9252d,color:#fff
    style X3 fill:#c9252d,color:#fff
    style X4 fill:#c9252d,color:#fff
    style X5 fill:#c9252d,color:#fff

Security Tools & What They Tell You

Rugcheck.xyz

Bubblemaps

Advanced Red Flags

Beyond Day 1 basics, watch for:

  1. Wash Trading Detection

    • Chart shows high volume, then activity suddenly stops
    • Likely bot-driven volume that halted due to errors
    • Check: Look for consistent, organic trading patterns

  2. Bundler Pools

    • Total fees below 25 SOL (check on GMGN)
    • Indicates single-transaction bundled orders, not real trading
    • Action: Avoid these pools

  3. Suspicious Volume Patterns

    • Sudden spikes followed by silence
    • All trades roughly the same size
    • Trading concentrated in short windows

Professional Tools & Resources

Analytics & Learning Platforms

Token Discovery Workflows

Community Signal Sources

Discord Channels (MeteoraIDN):

#LP-Signals

#LP-Alpha

Important: Always perform your own vetting workflow (above) even on community signals.

Professional Discovery Flow

flowchart LR
    A["Discord<br>MeteoraIDN"] --> B["LP-Signals<br>LP-Alpha"]
    B --> C["Pool Discovery<br>Meteora.ag"]
    C --> D[Apply Filters]
    D --> E["Technical Analysis<br>GMGN"]
    E --> F{"Entry<br>Decision"}
    F -->|Bullish signals| G[Open Position]
    F -->|Weak signals| H[Wait / Skip]

    style G fill:#2d7d46,color:#fff
    style H fill:#e68619,color:#fff

Pool Discovery (on Meteora.ag)

Recommended filters:

Technical Analysis (use GMGN)

  1. MACD — Blue crosses above orange = bullish; orange crosses above blue = bearish
  2. RSI — Standard overbought/oversold signals
  3. Heikin Ashi candles — Smoothed candlesticks for clearer trend visualization
  4. Volume Profile Visible Range (VPVR) — Chart overlay showing volume distribution at each price level

DLMM Strategies

Strategy Selection Guide

flowchart TD
    A{"What kind<br>of token?"} -->|Stable / Ranging| B["Chill / Range<br>Set range, earn fees<br>automatically"]
    A -->|New / Volatile| C{"Token<br>topped out?"}
    C -->|Yes| D["One-Sided Flip<br>SOL → Token → SOL"]
    C -->|No / Unsure| E["Bid-Ask<br>50/50 wide range"]

    style B fill:#2d7d46,color:#fff
    style D fill:#e68619,color:#fff
    style E fill:#1473e6,color:#fff

Bid-Ask Strategy (Advanced)

As introduced in Day 1, bid-ask distribution allows asymmetric liquidity placement. In practice, this means buying or selling incrementally across a price range rather than all at once.

Key concept: You’re not making one trade—you’re setting up multiple automatic trades across different price points.

One-Sided Flip Strategy

flowchart TD
    A["Token topped out<br>(price at peak)"] --> B["Deposit SOL only<br>(one-sided bid)"]
    B --> C["Price drops<br>SOL → Token conversion"]
    C --> D["Withdraw liquidity<br>You now hold tokens"]
    D --> E["Re-enter with TOKENS<br>(one-sided ask)"]
    E --> F["Price bounces<br>Tokens → SOL conversion"]
    F --> G["Withdraw<br>SOL + profit"]

    A -.- note1["THE FLIP:<br>1st: SOL-side<br>2nd: Token-side"]

    style A fill:#e68619,color:#fff
    style G fill:#2d7d46,color:#fff
    style note1 fill:none,stroke:#888,stroke-dasharray:5 5
  1. Deposit SOL only (one-sided) — you expect the price to drop
  2. As the price drops, your SOL gradually buys the token at decreasing prices — think of it as “I want to buy this token, but in small increments”
  3. Best used when a token appears to have topped out
  4. Once the price has dropped and your SOL has converted to tokens, withdraw liquidity
  5. Re-enter with the acquired tokens (one-sided token deposit), now expecting a bounce
  6. This is the flip — first SOL-side, then token-side

Chill / Range Strategy

Tips & Rules

Earnings Expectations

Professional Risk Management Rules

Building on Day 1’s golden rules, here are advanced principles from experienced LPs:

Evil Panda’s Rule:

Core Principles:

  1. Research first, ape later
  2. If you miss an entry, there’s always another opportunity
  3. Cutting losses quickly preserves capital for better opportunities
  4. Position sizing matters more than win rate

Position Sizing

Fee Selection Strategy (Advanced)

Building on Day 1’s basic fee guidelines, here’s the professional approach:

Established Tokens (3+ days old):

New/Volatile Tokens:

High-Volume Major Pairs:

Timeframe Reference

Cut-Loss Rules

Timing Rules