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Unlocking SOL/USDC Yields: @0xNitoo's Multiday DLMM Strategy Update Amid Solana's Wild Ride

Unlocking SOL/USDC Yields: @0xNitoo's Multiday DLMM Strategy Update Amid Solana's Wild Ride

If you're knee-deep in the Solana ecosystem, chasing those meme token pumps or just stacking yields on stable pairs, you've probably heard the buzz around liquidity providing. It's the unsung hero that keeps trades smooth and rewards flowing. Enter @0xNitoo, a sharp trader who dropped some serious knowledge at the Advanced Bootcamp on his SOL/USDC multiday strategy using Meteora's DLMM—that's Dynamic Liquidity Market Maker, a tool that lets you set precise price ranges for your liquidity to earn fees efficiently.

In a fresh update shared by the LP Army community, @0xNitoo breaks down how recent SOL price action has shaken things up. Solana's been on a rollercoaster, right? From dips to spikes, it's testing every trader's nerves. But instead of panic-selling, Nitoo's zooming in on charts to refine his positions. We're talking weekly, daily, and even 4-hour timeframes to spot key levels.

Let's unpack what he covers in this quick video dive—it's like a mini masterclass on adapting your LP game.

Spotting the Fair Value Gaps

Nitoo kicks off by drawing your eye to those sneaky fair value gaps (FVGs) on the charts. Think of an FVG as a "missing link" in price action where the market skipped over a range too fast, leaving it unbalanced. On the daily chart, he highlights one forming after SOL's latest push, wondering if it'll act as resistance (a ceiling) or support (a floor). Simple rule: If price revisits, it often fills the gap, creating opportunities.

From there, he layers in the weekly view, showing how SOL's broader trend supports a bullish lean. No crystal ball here—just smart observation to avoid getting rekt on false breakouts.

Adjusting Ranges for the Win

Here's where the DLMM magic shines. Traditional liquidity pools spread your capital thin across all prices, but DLMM lets you concentrate in specific bins—like choosing the hot zones on a casino table. Nitoo adjusts his lower range to hug potential support around recent lows, aiming to accumulate more USDC if SOL dips further.

He eyes the upper range too, setting it just below resistance to catch upside fees without overextending. "I'm going with USDC since I think we'll see the most benefit there," he notes, planning to farm rewards while waiting for the next move. And get this: His position, opened just 24 hours prior, is already farming 18-19% APR. Not bad for a multiday hold!

Why This Matters for Meme Traders

Even if memes like $BONK or $WIF are your jam, understanding SOL/USDC dynamics is key. Better liquidity in the base pair means tighter spreads and faster executions when you're swapping into those viral tokens. Plus, with Solana's low fees, strategies like this make DeFi accessible without the gas wars of Ethereum.

Nitoo's not promising moonshots, but his methodical approach—blending TA with DLMM tweaks—shows how to turn volatility into steady gains. If you're providing liquidity on Meteora, tweak your ranges based on these insights. And hey, drop a reply to the original tweet if you've got questions—LP Army's all about that collaborative vibe.

DYOR, of course, but this update's a solid nudge to level up your Solana game. What's your go-to range for SOL pairs? Share in the comments!

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