16. Used to Meteora? LP Like This on Robinhood | DLMM KING

DLMM Clan is an independent DeFi liquidity-provider education community for EVM chains, distinct from Meteora, which is a DLMM protocol on Solana. In this walkthrough, CryptoCroco shows DLMM KING (https://dlmmking.com/) to people who already LP on Meteora and want that flexibility on Robinhood Chain and Base. He contrasts a Uniswap-style experience with bin tech and dynamic fees, then lands on the leaderboard and copies a SpaceX shape into the Liquidity Shaper. Presets cover Spot, Curve, Bid-Ask, Ascending, Descending, and Bimodal. He then draws, Flattens, and Ramps a custom book, opens full screen, and uses labels plus Sum so a new deposit is visible against the live position and does not silently double size.

Intro: for Meteora LPs on Robinhood and Base

Hi. If you are used to Meteora on Solana, but you want to take advantage of the volume that you can find on new chains like Robinhood Chain, already established Ethereum chains like Base, then this video's for you.

The material presented in this tutorial and accompanying presentation is intended for informational purposes only and should not be interpreted as financial advice. Any investment decisions or positions you take are solely at your own risk.

DLMM KING, the leaderboard, and copying a shape

Most people that go to Robinhood Chain, they don't know that something like Meteora exists there. They are stuck with the Uniswap DEX experience there, which, if you come from Meteora, you know it gives you way less flexibility to actually trade and LP the way we are used on Meteora. Today, what I'm going to show you is a protocol called DLMM KING. It is the same kind of technology that Meteora has, so you really have true bin tech with everything from dynamic fees and impermanent loss-free trading. So all the great features of Meteora with all its fee, revenue, efficiency, you also have here on Robinhood. Now, what I have here open is DLMM KING, and when you open it the first time, you will land on the leaderboard. Now, what is a bit new probably to you, what you're used to is a view that's like this, pools, where you see all the different pools and the biggest pools, et cetera. What you see here where you land is the leaderboard, where you see the best positions. And what they do really nicely is you can just look at a position, for example, "Hey, I want to trade SpaceX on Robinhood." And you can just simply click here, and you go into the Liquidity Shaper and you copy exactly the shape of this position. So, if you see somebody who makes a lot of money and you even see it, maybe this position was just opened one hour ago or half an hour ago, you can just simply click and copy his position.

Presets, then draw

Now, the Liquidity Shaper is really... Damn, when you're used to Meteora and then you are stuck into a static Uniswap V4 protocol, you really don't get to build your strategies as you do back home on Solana. But with DLMM KING, you can do everything you're used to and even more. So, let's take a look. Right here, there's the two tokens you can input. You get a nice chart. You can see an active position. I right now have an active position already open, and that shows then quite nicely here with the chart. If you want to deposit something, you simply click deposit. You can deactivate your already active position, and then you can move this up and down and select how you want it. And as you're used to, you have all the different shapes you want. So you can have Spot, you can have Curve, Bid-Ask position, Ascending, Descending, Bimodal position. So, literally anything you can think of, you can build here. And then you also have the ability to change the Curve, how steep do you want it, et cetera. This is basically what you're used to, but DLMM KING brings it a little bit further. So, what you can do here down in the Liquidity Shaper is you can draw your favorite position. So I'm going to show you how this works. I can now simply click here and say, "Look, from here on, I want it straight." You can also say, "This is a bit too aggressive from here on. I'm going to cut this away." Now, if this is not perfectly straight and that bothers you, you can just select this area and then say, "You know what? Flatten the selected." And then you can say, "You know, this area here, I want it ramping all the way up to here, not there." So you ramp it.

So as you can see, you have full control over your LP position. You can build anything you can think of. You can draw in here as you wish. You have full power to do whatever you like.

Full screen, labels, and Sum

This is the power of DLMM KING, and if you are on Meteora right now and you're looking, "Where should I LP next?" this is for you. So now I'm going to select this area again here, and I'm going to flatten everything. And now I want to show you one more feature that I like the most. So if you have this position, you can go here into full screen, which is almost like trading on a centralized exchange. So, you get here your position. You can move it here around. You can build it exactly as you want it with a full screen. The bigger your screen, the nicer the experience. And what you can do here now is I can just add here, let's say, I just add the dollars I have, and then I can build my position accordingly.

Now, if you already have positions open, like here, you can then say, hey, you want see labels, not see labels, see the sum so you can see, okay, how does it affect my overall position if I now do this? So for example, I can just add this position here, and you will always see your overall position. And then just for precision, you take this out and then you say, "Oh, okay, I don't want to double this." I think this is extremely powerful. For me, this is the best protocol I have seen so far on Robinhood, and it really makes me excited for that chain and anything that's going to come there.

Join the DLMM Clan

And if you are still there, you are truly part of the chosen 5%. You understand what it takes to make it in the most brutal market out there, which is the crypto market.

I salute to you in respect, and I invite you to join me in my community, the DLMM Clan. There are so many resources, tutorials, opportunity trackers, tools, people you can ask questions to, and weekly meetups where you can find like-minded people like you and I.

Buying the bear market dip just feels so much better doing it together. I am speaking out of my own experience, especially in the bear market where you're unsure, knowing others are around you is really helpful. The clan is 100% free and open to anyone who's joining right now.

In the future, though, once the bear market bottom is in, we will start restricting access.

But for you who's joining right now, it will always remain free. So, looking forward to see you there.