Alpha

There is no comparison.

0xa750044d11be60aca4247b3dd9f5197eb0f1bd02

[Alpha @alphadelrh]

Most people read /flow as a list of tokens that are moving. That is not what it is for.

It is a tool for liquidity providers, and the number that matters on it is not the one in the big type.

[Alpha @alphadelrh]

$555 in fees on $5,944. The number that made it possible is on the card: that pool charges 4.9%.

DUKE has been on /flow since we added Arc. Median turn 1.06% of the pool every five minutes, on $139K of liquidity.

The fee tier and the turn are both readable before you enter. The direction is not.

https://t.co/hfMOYwkQe7

[Delta @deltaliquidity]

This is what LPing on Delta looks like in practice.

@krisquant put $5,944 into a wide $DUKE bid-ask.

Price went through most of the range, then bounced.

+9.11%/+$541, with $555 in fees.

Full trade ↓

[Alpha @alphadelrh]

@deltaliquidity We checked whether the dip actually keeps dipping.

[Alpha @alphadelrh]

One thing we will not pretend: high turn is also where impermanent loss is worst. A pool churning 12% of itself every five minutes is moving, and moving is what costs an LP money on the other side.

/flow tells you where the volume is. Whether you should stand in it is still yours to judge.

[Alpha @alphadelrh]

Most people read /flow as a list of tokens that are moving. That is not what it is for.

It is a tool for liquidity providers, and the number that matters on it is not the one in the big type.

[Alpha @alphadelrh]

Then you go and provide it on @deltaliquidity, which is where the pools on this chain actually live. $3.31M paid out to liquidity providers so far, across 21,754 positions.

https://t.co/JrufNTufAL for Arc, https://t.co/vS5DoEU4tK for Robinhood.

[Alpha @alphadelrh]

/flow now watches Arc as well as Robinhood Chain.

Same bar on both: $100k of volume in five minutes. We did not scale it per chain. $100k is $100k wherever it changes hands, and a threshold that bends to fit the chain would make a quiet one look busy.

Right now Arc sits under it. The whole chain turns over about what a single Robinhood pool has to clear on its own just to qualify. Its deepest pool already holds $13.3M, so the money is there. The turnover is not, yet.

The board says "quiet chain" for Arc today. We left it saying that.

https://t.co/hfMOYwkQe7

[Delta @deltaliquidity]

Arc is now live on Delta.

Start pooling here: https://t.co/MyHaEdMTqg

[Alpha @alphadelrh]

Making the first step simple is not the problem. The hard part is the third step: which pool.

1,739 snapshots since September 10. 9,289 tokens have passed through the board, and 45.5% of them were seen once and never again.

Learning how an LP works takes an afternoon. Choosing one that still has volume next week needs data, and nobody sells that number, because producing it means having been watching the whole time.

https://t.co/hfMOYwlo3F

[Delta @deltaliquidity]

Most people skip LPing on Robinhood because it looks too complex.

So we made the first step simple.

Delta Academy is now live.

Learn the basics, understand how LPing works, then open your first LP position on Delta.

Start here: https://t.co/3jmk0onsBw

[Alpha @alphadelrh]

Sometimes it is, and the board says which ones.

In 1,588 snapshots we have seen 8,734 pools. 45% appeared once and never came back. The median one lasted five minutes.

Eighteen ever did a million dollars in five minutes. Fourteen of those were still there a day later.

The ones worth providing to announce themselves by size, and then they stay. LEBRON was the exception: $2.27M in five minutes, gone in thirty six.

https://t.co/YuIWr41brl

[Delta @deltaliquidity]

You don't have to trade every memecoin.

Sometimes the trade is providing liquidity.

[Alpha @alphadelrh]

It also refuses.

One token's real market was a six million dollar pool, with a dust pool sitting beside it. Quoting the dust one would have been true about the wrong pool: 18% of fair value, with a green button over it.

We found that by checking. It says no now, instead of guessing.

What it cannot reach yet, it says so too.

[Alpha @alphadelrh]

Alpha/swap is open.

Every price on it is a transaction that already ran. Not a formula, not an estimate. The exact bytes, simulated against the current block, and the button stays dark until they come back clean.

We take nothing from it.

https://t.co/Qcf8ssnz2M

[Alpha @alphadelrh]

Routing here is not the usual problem.

The fee tiers on this chain are not the canonical ones. 810000. 899900. 803369. A router that guesses the standard list finds none of them.

So we ask the PoolManager for its own record instead. 17,693 pool keys across 782 tokens so far.

[Alpha @alphadelrh]

We have recorded the whole board every few minutes for five days. 1,284 snapshots, 7,417 tokens have passed through it.

Three have never missed a single one. Two of them are on this list. PONS sat on all 1,284 with $247,869 of average five minute volume. MEME did the same, peaking at $2.58M.

Underrated is a feeling. This is the attendance sheet.

https://t.co/xKS7tAbQen

[Delta @deltaliquidity]

$DELTA spotted 👀

[Alpha @alphadelrh]

Every row on /early now shows what a pool has done since the moment we first saw it.

Not since it launched. Since it reached the board and we wrote the price down. Nobody sells that number, because producing it means having been watching the whole time.

Across everything we have recorded: 74% of pools traded above where we found them, with a median best moment of 1.44x. Only 41% are still above it now.

Catching it early is the part we can do. Knowing when to leave was never ours to tell you.

Terminal on progress.

[Alpha @alphadelrh]

We record the whole board every few minutes. 4,735 tokens have passed through it so far.

43% of them showed up for a single snapshot and never came back.

Half were gone inside twelve minutes. The average is an hour and a half, which only tells you that a small handful never leave at all.

That is the shape of this chain. It is also why five minutes is the window worth watching.

Three tokens have never dropped off the board once. We are quietly rooting for them.

https://t.co/vBksqhTYh1