01Framework
Trading Solana liquidity events
The five liquidity events that repeat on Solana, the mechanism behind each one, and the four-line format this desk uses to turn any of them into a rule.
Read the entrySituations: the recurring shapes of a Solana market
A situation is what is happening, stated without a forecast attached. Naming it is the first step of every entry in this section, because the same price move means different things depending on whether liquidity is arriving, moving between venues, or leaving.
These notes describe mechanism only. They say what a bonding curve does at graduation, what a thin pool does when size arrives, what the transaction record shows and what it cannot show. They do not say what price will do next, because that is not a thing this desk can know.
- Covers
- First listings, curve-to-pool migrations, activity spikes, thinning depth and supply events
- Method
- Observation, then mechanism, then the rule that follows from it
- Excludes
- Price targets, signal calls, performance claims and named token recommendations
- Numbers
- Protocol facts stated plainly, arithmetic labelled illustrative, nothing invented
4 entries in this section
The recurring shapes a Solana market takes when liquidity arrives, moves or leaves: a first listing, a migration between venues, an activity spike, and the ordinary hours in between.
02Listing
The first hour of a listing
What is actually observable in the first sixty minutes of a new Solana pair, what is not, and why most of the hour is a data problem rather than a decision problem.
Read the entry03Migration
Trading around a migration
A curve graduating into a pool changes the pricing engine, the depth profile and the fee. What the handover does mechanically, and where the risk sits on either side of it.
Read the entry04Flow
Reading flow without a terminal
A candle is a summary of transactions you can read directly. How to reconstruct flow from an explorer and a pool page, and the six things a chart cannot tell you.
Read the entryWhat to read after a situation note
A situation on its own is only a description. It becomes usable when a rule is attached to it and a risk limit is put underneath it, which is what the other two sections are for.
Playbooks
A playbook is a situation plus a rule you wrote before the situation appeared. Each one here states its trigger, its cost, the case where it fails and the condition that retires it.
Risk rules
The part of a method you actually control. Size chosen from depth rather than conviction, exits decided before entry, and an invalidation written in advance so a bad trade ends on schedule.