Manu0x51
DeFi liquidity strategist focused on capital-efficient, on-chain yield generation. I research what works in liquidity, build strategies around it, and publish the parts that survive contact with mainnet.
- Active since2021
- Coverage5+ chains
- FocusCL · Vaults
- CadenceWeekly
Operating principles
Capital efficiency over headline APR
A 40% APR on a leaking range loses to a 14% APR with discipline. The Play Wallet exists to keep score honestly.
Publish what survives
Strategies that hold up across regimes, not the ones that printed last quarter. If a thesis breaks, the post breaks with it.
Operational primacy
Most LP edge is operational — when to enter, when to rebalance, when to exit. The math gets you in range; the discipline keeps you compounding.
Risk before yield
Every position has an IL projection, an MEV exposure, an oracle assumption. Quantify all three before sizing.
Timeline
- 2021–2022
First UniV3 deployments
Concentrated liquidity launches — the early lesson that range design is the strategy.
- 2023
L2 LP transition
Migrated active strategies to Optimism and Arbitrum as gas profile made tighter ranges viable for sub-$10k positions.
- 2024
Vault audit work
Reviewing LP vaults — fee stacks, harvest cadences, manager incentives. Most don't beat the underlying.
- 2025–2026
BASE focus
Aerodrome's incentive design + cheap blockspace = highest-quality LP venue. Play Wallet runs here.
Nothing on this site is financial advice. Always do your own research before deploying capital.