In the fast-paced world of crypto, where pumps and dumps can make or break your portfolio overnight, sometimes the smartest plays are the slow and steady ones. Take this recent tweet from Lochie (@lochie_sol), a self-proclaimed "Sol-Chad" who's all about that Solana life. He shared a clever weekend strategy that's turning heads in the DeFi community, especially for those providing liquidity on platforms like Meteora.
Lochie's approach? Every weekend, he opens a SOL/USDC position on Meteora's Dynamic Liquidity Market Maker (DLMM). For the uninitiated, DLMM is a fancy way of saying a system that adjusts liquidity pools dynamically to optimize fees and reduce risks like impermanent loss – that's when the value of your deposited assets changes compared to just holding them. Meteora, built on Solana, is known for its efficient liquidity pools that attract a massive community of liquidity providers (LPs).
Why weekends specifically? As Lochie points out, trading volume on Solana drops significantly during these days – from around $90 million on weekdays to about $30 million. Lower volume means less price volatility, so your position stays "in range" longer. Being in range is key because that's when you earn fees from trades happening in the pool. No wild swings knocking you out of the profitable zone.
The result from his latest weekend stint? A cool $559 in profits, all from steady, low-risk fees. He even shared a vibrant graphic showing the details: a 1-hour, 23-minute position with a total value locked (TVL) of $27,304, using bin step 4, a base fee of 0.04%, and a PNL (profit and loss) of +2.05%. It's like setting up a mini money printer that runs while you chill.
This isn't just a one-off brag; it's a repeatable tactic. Lochie emphasizes patience over chasing hype – a refreshing take in a space often dominated by meme coin frenzy. Replies to his tweet echo the sentiment, with users from the LP Army community chiming in with "Gud Fee Tek" (a playful nod to good fee tech) and others asking for setup details or sharing their own wins.
If you're dipping into Solana's meme token scene, strategies like this can be a game-changer. Meme tokens often launch on Solana due to its speed and low fees, but providing liquidity for stable pairs like SOL/USDC gives you a solid base to fund those riskier bets. Plus, with Meteora's tools, you can automate and optimize your positions without constant monitoring.
Want to try it yourself? Head over to Meteora's platform and explore their DLMM pools. Start small, understand the risks – like potential impermanent loss if prices do shift – and remember, weekends might just become your new favorite trading window. As Lochie says, sometimes patience pays more than the pumps.
In the broader crypto landscape, moves like this highlight why Solana remains a hotspot for DeFi innovation. With communities like the LP Army pushing for retail-driven market making, it's easier than ever for everyday traders to earn passive income. Keep an eye on threads like this for more insider tips – who knows, your next weekend could be profitable too.