If you’ve ever watched a memecoin pump 10× in an hour and wondered “how the hell are the LPs printing money on fees while I’m just bag-holding”, this clip from Crime (@crimexbt) is the cold shower you needed.

In a now-viral stream snippet, Crime kicks off with the self-deprecating line everyone secretly thinks but never says out loud:

“I’m just lost on the making money on fees part 😭”

…then immediately spends the next four minutes giving one of the cleanest, zero-fluff explanations of how liquidity actually works on Meteora’s DLMM pools you’ll ever hear — all while running in the background of his “1 SOL → 140 SOL Meteora Challenge”.

Here’s the plain-English version of what he laid out (and why every memecoin degen should care).

Liquidity = Limit Orders on Steroids

Crime uses a simple analogy most traders already understand: limit orders.

When you place a limit buy at $0.99 and a limit sell at $1.01 on Jupiter or Axiom, you’re effectively providing liquidity — you’re saying “I’ll buy if it drops here, I’ll sell if it rises there”.

The moment a market order hits your limit order, price moves and you earn the spread.

But doing that manually across dozens of bins is a nightmare. That’s where Meteora DLMM comes in: it lets you drop the exact same limit orders (called “bins”) in whatever shape you want — tight around current price for max fees, wide for lower risk, single-sided for directional bets — and you automatically collect fees every time someone trades through your bin.

How Fees Actually Get Paid

Most people think “fees” are some mysterious tax that magically appears. Crime breaks it down visually:

• Every active bin has buy and sell liquidity stacked like walls.
• When a buyer market-buys, they eat through sell walls → price ticks up.
• When a seller market-sells, they eat through buy walls → price ticks down.
• Every single trade that crosses your bin pays you the fee (and on Meteora you can even set dynamic fees that climb when volatility spikes).

Result? In a memecoin pumps where volume goes parabolic, the active bin LPs can print absurd yields in minutes — we’re talking hundreds or thousands of percent APR for brief windows.

That’s exactly how the crazy “1 SOL → 100+ SOL” LP challenges happen.

Why Meteora Crushes Plain Limit Orders

Crime’s punchline:

“You can do it manually on Jup… but why would you? Meteora gives you fees on every fill AND a UI that doesn’t make you want to cry.”

Meteora also lets you choose the fee token (earn the memecoin instead of SOL if you’re bullish) and has single-sided liquidity options that reduce impermanent loss if you’re directional.

The 1 SOL → 140 SOL Challenge Context

Crime is live-running the latest iteration of the famous Meteora challenge: start with 1 SOL, only earn via LP fees (no spot trading allowed), and try to reach 140 SOL.

These challenges have become legendary because the numbers actually work when you catch the right memecoin pools at launch or during a leg up. Some runners have turned tiny positions into six figures in days purely on fee accrual.

Watch the full clip here: https://x.com/crimexbt/status/1990871335099154614

Whether you’re a degen trying to turn rent money into a house or just trying to understand why your favorite memecoin’s LP APR showed 10,000% for thirty minutes, Crime’s breakdown is required viewing.

Save it, watch it twice, then go add liquidity to something stupid. Just don’t blame us when you get addicted to the fee printer sound. 🤑