Author: Ignas

Translation: Deep Wave TechFlow

Deep Wave Guide: While most people are losing money on Meme coins, this article provides an alternative path: providing liquidity for tokenized stocks and Meme trading pairs to earn high fees. Ignas shares specific pools, tools, and strategies that have practical value for retail investors looking to yield high returns with small amounts of capital.

It feels like we’re back in the summer of DeFi. However, most Degens are busy losing money on Meme coins instead of making money off those losing money on Meme coins.

Degens speculate on Meme coins through FOMO, generating millions of dollars in trading fees every day. They don’t do LP, only gambler-style trading, which is a good thing if you are completely uninvolved.

The second thing.

Pons launchpad has set off a frenzy of Meme coins directly competing with tokenized stocks (AI/NVDA, BONER/HIMS, MOO/MU), and the arbitrage between these pools and regular stock/USDG pools is my sweet spot because the arbitrage fees continuously accumulate.

You don't need to hold Meme coins to earn from those losing money.

I'm having a great time.

Below are things you might need to know before you start.

Bullish Data

Robinhood Chain launched in July. Although it's new,:

DEX trading volume of 1.66 billion dollars! Second only to Solana (2.1 billion dollars), exceeding Ethereum (1.37 billion dollars).

24-hour application fees of 16.98 million dollars.

Stablecoins of 833 million dollars, cross-chain TVL of 2.6 billion dollars.

Perpetual contract trading volume of 387 million dollars.

TVL of 757 million dollars, generating 17 million dollars in application fees daily.

Read it again:

TVL of 757 million dollars, generating 17 million dollars in application fees daily.

This equates to an annualized return of 819%, or 2.243% per day.

Calculated with compounding annually, APY is 328,000%.

Fellow Degen @0xSammy shared that tokenized stocks produced 13 million transactions in a day, with 203,000 addresses holding tokenized stocks, growing 46% in three days.

Why Such Rich Yields

Two main reasons.

No one is doing LP. Fomo launched Robinhood Chain in July. It’s a Meme coin trading application without LP functionality.

Robinhood wallet and Fomo also allow you to buy Meme coins with a credit card. The Block reported that JPMorgan has asked Visa to investigate this matter. These transaction volumes come from people who will never do LP.

If you experienced the summer of DeFi, you possess all the skills for liquidity mining. And those new Degens who recently entered crypto are our source of profit.

These pools are too small for funds. When I entered, the TVL of the RBLX/USDG pool was $168,000, with a trading volume of $6.2 million.

Daily fees account for 11% of TVL!

Funds cannot put $5 million into a $168,000 pool. This is the perfect playground for small Degens like you and me.

MemeFi is the Best On-chain LP Business

Sammy verified 27 Meme/stock trading pairs under 22 stock codes.

AI/NVDA, MOO/MU, BONER/HIMS, NUDES/SNAP, LIGMA/FIG.

Just BONER accounted for 81% of HIMS supply on-chain. They wanted to perform a short squeeze but are actually doing a circulation squeeze. You know what I mean.

Some Meme/stock pools are the highest-fee pools on-chain over the past 24 hours. Data from scopl.live:

AI/NVDA: $447,000

AI/WETH: $340,000

UBIK/GLD: $321,000

Annualized returns just from fees are 1329%.

You don’t have to hold Meme coins because impermanent loss could lead to massive losses, or you could also get hurt when your (least favorite) KOL decides to dump.

Every trade purchasing AI via NVDA, and every BONER squeeze that re-prices HIMS, will ultimately be arbitraged back through the stock/USDG pool.

HOOD/USDG, NVDA/USDG, RBLX/USDG, DJT/USDG are my current favorite pools.

This is the complete list of Meme coin trading pairs for your reference. Table link: here.

You can find it in his blog post below:

Indeed, the lessons learned from the summer of DeFi in 2020 are your greatest asset. However, what we’re mining is not those useless cat and dog Memes, but profits from the growth of tokenized stocks while letting Meme Degens fill our pockets.

I love them, these Meme coin Degen traders.

Tools to Help You Mine

Revert: My favorite LP tool.

Instead of following a Degen to buy Meme coins, follow the smartest LP. You can sort LPs by annualized return, profit and loss, creation time, etc. You need to think for yourself about the selection criteria, which requires trial and error.

I like it because you can LP with a single token, and it helps with rebalancing (though I think they will charge a small fee).

scopl.live: Pool discovery tool, with real-time annualized fees. Not sure if it’s a vibe coded application, but it helps you find new pools and can serve as an alternative to Revert.

vfat.tools: Emission farms. This is your OG tool for mining. But if you want to do LP mining on Uniswap, it’s not very useful.

Merkl: This is the vfat for Uniswap incentive positions in 2026.

Filter chain = Robinhood.

Currently, it offers additional rewards on stock token Uni v4 pools (like SPY-MU, SPY-INTC, with over 100% annualized Merkl on top of fees).

If you know more tools, please share in the comments! I am also learning while writing this article.

Mining with AI

This makes things much simpler: using Claude, Grok, ChatGPT, whatever you prefer, can make you the best farmer.

It can help you keep accounts, check total ROI, help you find new pools, and create a unified dashboard for all your positions across different platforms. In the AI era, there is no reason not to know how to mine.

As I post this article, HOOD is only 1.5% away from my floor price. Not bad.

That's it for now. Subscribe, new articles will come at some point in the future.