How I made +$21.000 from Robinhood Chain LP pools starting with $1.000
for the first time in the past year, I was so locked in that I barely posted anything on X for almost a month
my results today:
+$21,124 realized PnL
1,622 trades
85.2% WR
LP is not passive income
it is a job like any other and at times it can be extremely difficult
your actual result is:
swap fees - inventory loss - gas - poorly selected ranges
if a token drops 90%, no attractive APR will save you
although at the very beginning of the Robinhood meta, some LPs could earn fees equal to 2x their position in just 10 minutes
I’ll share my workflow but especially if you’re a beginner, you first need to understand three core components:
- Fundamentals: What is LP? Where does the profit come from? How do pools differ? On which chains can you provide liquidity? What are Bid Ask, Spot, and Curve?
- Money management / risk-reward: I believe more than 70% of success comes from this part
- Experience and strategy: you cannot simply copy someone else’s strategy or recreate their success. Only your own research and the pattern recognition you develop through experience will help you build a strategy that actually suits you
my workflow:
1. Discovery
I use GMGN to track new Robinhood tokens, 5m volume, liquidity, number of trades, and price movement
I don’t care only about high volume
what matters is its relationship to active liquidity
gmgn.ai/r/danko
as soon as a new token appears with meaningful volume
I move to Fomo and X
2. Research
on Fomo, I check the thesis, holders, and who is actually accumulating the token
if most of the volume comes from bots or connected wallets, supply is too concentrated and there aren’t even a few credible KOLs discussing the token
I skip the pool
I also research the narrative directly on X
3. Execution
I execute every position through
@liquidityladder
instead of opening a single Spot position, as you would on most terminals including Uniswap and PancakeSwap, I distribute my size across multiple ranges
I can also use Bid Ask or Curve strategies
this doesn’t remove the risk
but it prevents me from deploying my entire bankroll at one price and lets me use the same liquidity strategies available on Meteora
4. Management + additional edge
when 5m volume disappears, the fees disappear with it
sometimes I find a new fee tier pool before liquidity migrates from a 3% pool to a 1% pool
in other cases, I can stay in a position for several days
that is why I manage positions based on flow, not the APR displayed on a dashboard
part of my edge also came from analyzing other LP traders
for example, I found
@skolmbeaghNFT wallet near the beginning of his challenge
a meaningful share of my profitable trades came from studying and adapting his positions, so he deserves a separate thank you
you can find and copy LP wallets through
@lpagent_io, but that deserves a separate post
the main takeaway:
my edge wasn’t predicting the next 100x token
it was finding volume before everyone else, placing liquidity correctly, and exiting before the flow disappeared
do you want part two with my pools, ranges, wins, and biggest losses?