Meteora DLMM
Last updated
Last updated
Automatically trade Meteora DLMM pools from high volume meme coins, making high fees and getting both Meteora's future airdrop, and Jupiter Season 2 & 3 airdrop (given all trades are automated through Jupiter). Even make money when the meme coins drop in price, which they always do!
The bot will search for a pool that has the potential to make high fees
If choosing the "Spot" strategy, it will buy the meme coin for you with 50% of your entered size, then will add liquidity to the pool (50% as the token, and 50% as SOL)
If choosing the "Bid-Ask" strategy (recomended), it will just deposit SOL to the pool
The bot will auto-claim any fees and redposit it back into the pool
When it's time to close the pool, it will withdraw liquidity / claim fees, and sell any tokens back to SOL
And it will close the pool if your chosen "keep position open for" time gets hit
OR if your take profit gets hit
OR if your stop loss gets hit
OR if the pool goes out of range
Then repeat it all over again
When you use this strategy, we will only deposit SOL to the DLMM, and we'll tell it to slowly buy into the coin as it goes down. It will buy in bigger sizes the more it goes down.
With this strategy, you will hope that the coin goes down (and with meme coins, they are ALWAYS going down). While it goes down, you will be generating a large amount of fees, often generating enough to hit a take profit on the way down. If that isn't enough to hit the take profit, then usually the coin will go back up (making you now sell the coin for SOL for profit), or the coin will range in your buy zone which generates more fees.
If the coin instead goes up from when you first got into the pool - you won't generate any fees, but we will close the pool automatically if the coin goes up a good amount. That way you can get into a new pool that will hopefully go down.
This strategy massively reduces risk, as:
You will usually be break even or profitable if the coin goes down as much as 50%
You won't make any $ if the coin goes up, but again we'll automatically close the pool if that occurs
You would only incur a larger loss if the coin were to go down 55-75% (with most of the loss offset by the fees you make). And this should be a rarer event to get into a coin that goes down that much
Screenshot of the App
Anything you buy you shouldn't mind with it going to near 0, if token rugs (mostly if choosing the "Degen" risk mode in the farmer). And if doing the "Degen" risk mode - you could hit a few losers in a row, so only choose enough "Size" so you can handle a few losers in a row
You can be the safest and overall make the most $ by choosing the "(Bid-Ask) Mid market cap (safest!)" strategy, where you don't buy any of the token immediately, and you want the token to go down to profit
If you do see some $ being lost in a pool, you will get some back with the fees you are making, and will get more back after Meteora does their airdrop
And if you hit a good win streak - withdraw profits and play with pure profits!
Memes tend to follow the broader crypto market, more or less. If some bad crypto news comes out, or SOL & major meme coins are otherwise tanking - you'll probably want to stop the farmer and wait for it be calm again
Weekends and holidays have low volume - make sure to size down to spend less SOL per pool, during this time!
If you copy someone else's settings, where the other person made huge gains - your results can differ from them (even when running it on the same day)
You can buy the top of a coin while someone else buys the bottom an hour later
For the next cycle since you are both looking at coins at different times - you can pick some coin that goes directly to stop loss while the other person picks a coin that moons
Make sure to download this on a cloud windows PC for $5 a month. 1000% more secure, and it stays on 24/7 - more directions on Setup using Cloud PC - Hyonix (5$ / Month)
Install the farmer, then go to the "Setup Wallets & RPC" tab on the left. Enter in your wallet & RPC, more directions on Setup Wallets & RPC
If you are on the cheapest version of the Hyonix cloud PC - then note that installing the farmer takes a while. Just leave it installing and come back later (or get the $10/m Hyonix cloud PC)
Click on "Notifications" tab on the left of the farmer, and link your Discord so you get DMs when the farmer does stuff (including sending you profit images you can share with others). Or enter in a Discord webhook
Setting up the automated DLMM farmer:
Click on "Meteora" on the left of the farmer app
Select your Wallet
Enter in your SOL Size (keep it low at first)
Make sure it's on the "(Bid-Ask) Mid market cap (safest!)" settings, which has less risk
Click "Add Liquidity"
Make sure the terminal shows something like the below, indicating pool was opened
Monitoring your pool - Make sure to manually monitor your pools at least once a day (https://app.meteora.ag/portfolio), and also monitor your Discord DMs
NOTE - It's OK that it didn't find any suitable pools. Just wait for pools with more volume to come in that match your criteria, and that will make you the most $. The bot will automatically search again in 2 minutes. Using the default "mid market cap" settings - it could take 1-10 hours at times (especially during a weekend) to find a pool. Just let it do its thing and wait for the volume to come to you (making the most money). Otherwise if you really want, you can scroll up and see WHY it's skipping pools - and then you can lower your settings to match on pools, such as lowering the hourly / 24 hr volume, or lowering the "token % change" to something like "-10"
Make sure to stay up to date by always downloading new versions of the farmer (roughly released once a week)
