If you've been navigating the wild world of Solana meme tokens, you know volatility is the name of the game. Pumps can send prices soaring, but what happens after the peak? That's where strategies like Wide BidAsk come into play, allowing liquidity providers to scoop up fees during the inevitable range and decay phases. In a recent thread on X by NAOJ (@NaojNc), he breaks down an advanced version of this approach, applied to two runners: PEP and AEROSPACE. Let's unpack it step by step, with simple explanations for the techy bits.
First off, what's Wide BidAsk? In essence, it's a liquidity providing tactic on platforms like Meteora, using their Dynamic Liquidity Market Maker (DLMM) pools. You set up a wide price range—often deeply below the current price (like -95%)—to capture trading volume as the token sells off or ranges after a pump. It's one-sided (usually SOL-heavy) to minimize impermanent loss, and it relies on fees from trades within your range. For the basics, check out NAOJ's earlier thread on the strategy here. The advanced twist? Fine-tuning pool parameters like bin steps (price granularity) and base fees to match the token's risk and momentum.
Case Study: PEP Token
NAOJ spotted strong momentum in PEP (contract: BKmYE8w1GEQ6khhLkvMj4ULvV4Gq7zLfJZSgsHE5pump), which had pushed past a $4M market cap. He opted for a 100 bin step pool with a 1% base fee and that deep -95% range. This setup was built to handle the full swing of post-pump volatility, absorbing buys and sells along the way.
The outcome? Steady volume flowed through the position, leading to a smooth exit with solid profits. It's a prime example of how lower base fees can boost efficiency when you trust the token's organic activity to keep trading alive.
Case Study: AEROSPACE Token
For AEROSPACE (contract: DqWtuxjDY2gAqAweJKNeJne5HbarbXLZnaDUe92nBAGS), NAOJ was a bit more cautious about the pattern. He switched to a 125 bin step with a higher 5% base fee, still on that -95% range. The idea here: ramp up fees for better protection against a potential rug (when devs pull liquidity and tank the price), turning it into a fee-farming play if things went south.
Volume dropped faster than expected—down $2M in just 32 hours—and he missed an ideal RSI (Relative Strength Index, a momentum indicator) exit at 3 AM. But a later bounce still allowed a profitable close. This highlights the strategy's flexibility: higher fees act as a safety net in riskier scenarios.
Pool Setups That Make the Difference
Choosing the right pool is crucial in Advanced Wide BidAsk. Here's what NAOJ used:
PEP-SOL: 100 bin step | 1% base fee | -95% range
Ideal for tokens with sustained volume, prioritizing efficiency over rug protection.AEROSPACE-SOL: 125 bin step | 5% base fee | -95% range
Better for higher-risk plays, where elevated fees compensate if momentum fades or a rug hits.
Low base fees shine with strong, organic trading, while higher ones provide a buffer. Always match the setup to the token's vibe—wider bins for more forgiveness on price swings.
Key Takeaways for Success
NAOJ wraps up with some golden nuggets:
- Apply it to daily runners that have already broken out past key levels like $4M market cap.
- Focus on the second phase: the ranging or slow decay after the initial pump.
- Be patient—let the position run, but keep an eye on RSI for exit signals.
- Token selection is key; it needs real, organic volume to generate fees.
- Tailor your pool: Low fees and tighter bins for reliable volume; higher fees and wider bins if rug risk looms.
If things align—healthy token, sustained volume, smart pool choice—this strategy can even weather small rugs and deliver wins.
In the fast-paced Solana meme scene, strategies like this turn volatility from a foe into a friend. As NAOJ puts it, patience pays—especially when you're farming fees in the aftermath of a hype cycle. If you're ready to level up your DeFi game, give it a shot on Meteora, but remember: always DYOR and manage risks. For the full details, head over to the original thread.