Feels like DeFi summer again. Except most degens are busy losing money on memecoins instead of making money from degens losing money on memecoins.
Degens speculating on memes through Fomo generate millions in trading fees every day. They don’t LP. They degen trade which is good news if you are totally sidelined on it.
Second thing.
Pons launchpad popularized memes launching directly against tokenized stocks (AI/NVDA, BONER/HIMS, MOO/MU), and the arbitrage between those pools and the plain stock/USDG pools is where is my sweet spot as fees from arbitrage pile up.
You can farm the degens losing money without holding the meme.
I’m having fun with this.
Here’s what you might need to know to start.
The Bullish Numbers
Robinhood Chain went live in July. Sooo new yet:
TVL $757m
DEX volume $1.66b! (only second to Solana ($2.1B and above Ethereum’s $1.37b)
App fees $16.98m in 24h
Stablecoins $833m, bridged TVL $2.6b
Perps volume $387m
$17m a day in app fees on $757m of TVL.
Read this again:
$17m a day in app fees on $757m of TVL.
That’s 819% APR or 2.243% a day.
For yield porn: APY is 328 000%
Fellow degen @0xSammy shared that tokenized stocks generated 13m transactions in a day and 203k wallets holding tokenized equities, up 46% in three days.
Why the APRs Are Juicy
Two main reasons.
Nobody LPs. Fomo added Robinhood Chain in July. It’s a memecoin trading app and it has no LP feature.
Robinhood Wallet and Fomo also let you buy memes with a credit card, which The Block reported has JPMorgan asking Visa to look into it. Volume from people who will never LP.
If you were in DeFi summer, you have all the skills to yield farm. While new degens who joined crypto recently are our yield.
Pools are too small for funds. The RBLX/USDG pool had $168k of TVL and did $6.2m of volume when I entered.
11% of TVL per day in fees!
A fund can’t put $5m into a $168k pool. A perfect playground for small degens like you and me.
MemeFi Is the Best LP Business on the Chain
Sammy could verify 27 meme/stock pairs across 22 tickers.
AI/NVDA, MOO/MU, BONER/HIMS, NUDES/SNAP, LIGMA/FIG.
BONER alone got 81% of the onchain HIMS supply. They try to do a short squeeze but they are actually doing a float squeeze. IYKWIM.
Some of the meme/stock pools are the top fee generating pools on the chain in 24 hours. Data from scopl.live:
AI/NVDA: $447k
AI/WETH: $340k
UBIK/GLD: $321k
The fee APR alone is 1329%.
You don’t have to hold the meme which might rekt you in impermanent loss or when your (least) favorite KOL decides to dump their tokens.
Every AI buy that routes through NVDA and every BONER squeeze that reprices HIMS gets arbed back through the stock/USDG pools.
HOOD/USDG, NVDA/USDG, RBLX/USDG, DJT/USDG are my favorite pools at the moment.
Here is the full list of memecoin pair FYI. Spreadsheet link: Here.
You can find it in his blog post below:
Indeed, the experience learnt from 2020 summer is your biggest advantage. However, we are not farming useless dog or cat memes but can now profit from tokenized stock growth while memecoin degens are feeding our pockets.
I love them, degen memecoin traders.
Tools to Help you Farm
Revert: My favorite LP tool.
Instead of copy-trading degens for memecoins, you can copy trade smartest LPs. You can sort LPs by their APR, PNL, date created etc. You will need to think of your own criteria and it involes experimentation.
I love it because you can also LP with single token and helps with rebalancing (although they are adding a small fee, I think).
scopl.live: pool discovery, live fee APR. Not sure if it is a vibe coded app but helps with finding new pools. Alternative to Revert.
vfat.tools: emissions farms. The OG tool for protocols you can farm. But less useful if you want LP farm on Uniswap.
Merkl: this is the 2026 vfat for incentivized Uniswap positions.
Filter chain = Robinhood.
Right now it is paying extra on stock-token Uni v4 books (SPY-MU, SPY-INTC style rows at 100%+ Merkl APR on top of fees).
If you know more tools pls share in the comments! I am also learning while writing this.
Farming With an AI
This made things a lot easier: Use Claude, Grok, ChatGPT, whatever you like to become the best farmer.
It helps you with book keeping, checks your total ROI, helps with finding new pools and can create a unified dashboard for all your positions across different platforms.
There is no excuse not to know how to farm in the age of AI.
HOOD is 1.5% from my floor as I post this. Nice.
Disclaimer
This is not financial advice. Nothing here is a recommendation to buy, sell or provide liquidity to anything.
Yield farming can lose you everything you put in. Providing liquidity carries impermanent loss, and a concentrated position can end up worth less than simply holding the two tokens. Smart contracts can be exploited or drained, including the DEX, the pool, any v4 hook attached to it, the bridge and the frontend you use to reach them. Robinhood Chain is new and unproven. Tokens can go to zero, pools can stop earning, and advertised APRs are backward-looking and can collapse without warning. Tokenized stocks carry their own issuer, redemption and regulatory risks and are not the same as owning shares. Some of them are restricted by jurisdiction.
Check every contract address yourself. Assume any link can be typosquatted.
I hold positions in assets mentioned in this post. Do your own research.
WE ARE SELLING TO WILLING BUYERS AT THE CURRENT FAIR MARKET PRICE
Hi, I've created https://apy.monster for uniswap LP farming, but it seems I have to add Robinhood chain there. Need to do some research :)