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What is VortexBot?
VortexBot is a Telegram bot that manages Meteora liquidity positions on Solana to help users earn. Our strategy is focused on deploying capital for high volume memecoins to maximize earnings through trading fees, while minimizing risk with tight controls and constant, automated monitoring.
In-depth video explanation: Youtube
How does it work?
The strategy revolves around identifying gaps in the market where it’s profitable to provide liquidity. This usually happens because the memecoin space is very volatile, and liquidity takes time to move.
On a top level, VortexBot does the following:
- Search, filter and rank memecoins by a variety of metrics
- Deposit SOL only into a Meteora DLMM pool to create a one-sided liquidity position
- If price rises above entry, nothing happens. If price falls below entry, we earn fees
- Once position closed, other token is swapped to SOL
Bid-ask
Further reading
- The memecoin narrative by Taiki Maeda
- Learn about Meteora DLMM