Ignas

DeFi
2026-09-03 12:00:00

Meme trading boom turns LP fees on Robinhood Chain into the focal point

DeFi Research author Ignas argues that the latest meme-coin frenzy is creating a different kind of winner: liquidity providers rather than traders chasing momentum. In the piece, he says speculative meme trading is generating millions of dollars in daily fees, while many of the users driving that volume are not providing liquidity themselves. That dynamic, in his view, leaves room for LPs to capture fee income without directly holding the meme tokens. The article highlights early data from Robinhood Chain after its July launch, including $757 million in total value locked, $1.66 billion in DEX volume, $16.98 million in 24-hour app fees, $833 million in stablecoins, $2.6 billion in cross-chain TVL and $387 million in perpetuals volume. It also points to meme-token pairs linked to tokenized stocks such as AI/NVDA and BONER/HIMS, where arbitrage between meme-stock pools and stock/USDG pools is driving additional fees. Ignas also lists several tools for LPs and yield farmers, including Revert, scopl.live, vfat.tools and Merkl, and says AI tools such as Claude, Grok and ChatGPT can help with ROI tracking, pool discovery and multi-platform position dashboards.

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Meme trading boom turns LP fees on Robinhood Chain into the focal point
Liquidity Min
2026-09-03 09:32:52

Ignas pitches tokenized stock LPs as a way to capture meme trading fees

DeFi researcher Ignas argues that traders do not need to buy meme coins directly to benefit from the latest speculative wave. In his view, a better route is to provide liquidity to tokenized stock pairs and related pools, then collect the fees generated by high-frequency meme trading and arbitrage. He points to Robinhood Chain, which launched in July and has already posted $1.66 billion in DEX volume, $16.98 million in 24-hour app fees, $833 million in stablecoins, $2.6 billion in cross-chain TVL, $387 million in perpetual volume, and $757 million in TVL. Ignas says those figures translate into unusually high fee opportunities for liquidity providers. He highlights meme and stock-linked pairs such as AI/NVDA, BONER/HIMS, MOO/MU, NUDES/SNAP, and LIGMA/FIG, while naming HOOD/USDG, NVDA/USDG, RBLX/USDG, and DJT/USDG as preferred stock/USDG pools. Drawing on data shared by @0xSammy and scopl.live, Ignas says some of these pools rank among the highest fee generators on-chain. He also lists tools he uses to search and manage LP positions, including Revert, scopl.live, vfat.tools, Merkl, and AI assistants such as Claude, Grok, and ChatGPT.

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Ignas pitches tokenized stock LPs as a way to capture meme trading fees
Solana
2026-08-12 16:32:38

Solana wrestles with whether its foundation should back one perps winner or let the market decide

A public dispute over Solana’s perpetual futures market has turned into a broader argument about what a well-funded ecosystem foundation is supposed to do when several teams are chasing the same category. The debate started after Flash.Trade founder Anas Khader said he was shutting down his exchange on Aug. 7 and blamed, in part, what he described as the Solana Foundation’s cold support for a single rival team. Two days later he named Phoenix, claiming it benefited from foundation-linked grants, though he offered no evidence and the foundation has not disclosed recipients or amounts under its perps initiative. The clash quickly widened beyond one protocol. Commentators including Fabiano argued that Phoenix’s fully onchain design captures more activity for Solana itself, making a concentrated push easier to justify if the goal is to build a true rival to Hyperliquid. On Aug. 10, Solana Foundation President Lily Liu rejected the idea of “king making,” saying the right principle is “open meritocracy”: actively enable competition and let the market decide. Solana Labs co-founder Anatoly Yakovenko and Anza economist Max Resnick then joined the discussion, extending it into a larger question about token value, chain architecture, and how ecosystem resources should be deployed.

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Solana wrestles with whether its foundation should back one perps winner or let the market decide