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.








