LP Agent for Meteora: Copy LP, Fees, Safety and API

What LP Agent is and how it works with Meteora

LP Agent is a third-party app, not run by Meteora.

On Solana it covers two Meteora pool types: Meteora DLMM, where liquidity sits in small price steps called bins and you pick a range and a shape, and DAMM v2, its pool type with one price range and no bins. Either way you earn LP fees, the trading fees a pool pays its liquidity providers.

There are two ways to use it:

• Copy LP. You pick a leader (the wallet you copy) from the Smart LP leaderboard, and LP Agent copies their new positions.
• Do it yourself. Find a pool in Discover or Pools and zap in with SOL alone; the app swaps into the pair, and zap out reverses it.

Other features: Discover, pool creation, CSV export and MCP

• Discover is where you pick pools yourself, with presets like Trending and Smart money in. It scores each token out of 100: Safe is 75 and up, Caution 40 to 74, Risky under 40, which Hide risky filters out.
• Pools and ranges. You can create a pool for a token that has none, and set a range by price, market cap or bin.
• CSV export of your full history: time, transaction, action, amounts and USD value.
• An MCP for running positions from an AI chat.

LP Agent fees: 8% of LP fees or 0.1%

There’s no subscription, no management fee on your capital and no lockup. Opening a copy, swaps, DLMM compounding, Claim SOL, deposits and withdrawals are free.

You pay in two cases:

• 8% of the LP fees collected when automation acts. That’s Copy LP closing, trimming or claiming a copy because the leader did, or your take profit or stop loss firing.
• 0.1% of the amount when you act yourself: add, zap in, remove, zap out or close. A 10 SOL zap-in pays 0.01 SOL, and the 0.1% applies again on the way out.

The catch: the 8% is on fees, not profit, so you pay it on a losing copy too. Say a copy earns 1 SOL in fees but loses 1.5 SOL to price and impermanent loss, the pool’s token mix shifting against you versus just holding. You’re down 0.5 SOL and still pay 0.08 SOL.

Closing by hand gets cheaper than the 8% once a copy’s LP fees pass 1.25% of its size, so over 0.125 SOL on a 10 SOL copy. But you give up the leader’s exit timing, which is what you’re paying to copy.

Then there are costs LP Agent doesn’t set: network fees, slippage, the pool’s own trading fee and Solana rent.

The position’s rent comes back when it closes; rent for a new bin array, if your range needs one, does not, so keep some spare SOL above the 5 SOL for it.

The app warns you when the SOL you keep for transaction fees drops to 0.01 SOL or less.

Is LP Agent safe? The agent wallet and the 5 SOL minimum

LP Agent trades from an agent wallet, shown in the app as Embedded Wallet: a separate wallet it creates for your account so you don’t have to sign every transaction.

Turnkey, a wallet infrastructure company, creates and stores the agent wallet’s keys on secure hardware. The keys never pass through LP Agent’s servers. Automation signs with a second, restricted key that can’t withdraw, export the key or change who controls the wallet. On Solana it can only run Meteora liquidity actions and approved swaps, prove ownership for Meteora’s referral programme, and spend SOL on fees and tips, never sending it out to another address. Direct token transfers are blocked.

Withdrawals and key exports always need your own signature, or an email code if you signed up by email; export the key under Settings > Account > Export Private Key. Withdrawals can’t be undone, so check the address twice.

My view: it’s reasonably safe for money you’re actively LPing, and only that. The agent wallet is a hot wallet, its key held online so software can sign with it, and LP Agent’s docs don’t list a security audit. Leave the rest in your own wallet.

LP Agent suggests copying with at least 5 SOL of net worth: everything in the agent wallet, open positions included. The deposit minimum is 0.001 SOL, but small copies struggle to cover swaps and network fees.

Step 1: Sign in and fund the agent wallet

1. Open LP Agent and press Connect Wallet. Use a Solana wallet through its extension, WalletConnect or your phone, or sign in with a 6-digit email code. Each account is tied to one network: a Solana sign-in gets Meteora, an EVM (0x) wallet gets Robinhood Chain. Sign in with the same wallet or email every time.
2. Check Referral > My cashback before your first position. If you have a partner code, enter it under Enter your referral code. Each account takes one code, it must match your network, and cashback only starts from your next position. That’s why you do this first.
3. Send a small test amount of SOL to the agent wallet’s deposit address.
4. Top up to 5 SOL of net worth or more, with spare SOL for fees and rent.

Step 2: Pick a leader in Smart LP without falling for green screenshots

Smart LP is a leaderboard of LP wallets. These columns matter most:

• 7D PnL and fees earned.
• Win rate: the share of closed positions that ended green.
• Avg age: how long the wallet usually holds a position.
• EV (expected value): the average result per position, worked out as (win rate x average win) + (loss rate x average loss).
• Last active: whether they still trade.

What Smart LP already filters out

• The fee check. Wallets whose LP fees are under 10% of their profit aren’t listed: their profit usually came from price, often a token they launched.
• The size cap. On Solana, Smart LP only shows wallets whose total profit is no more than 5x your net worth, or 20 SOL if that’s higher: up to 50 SOL of profit with 10 SOL.
• Default filters. Active in the last 7 days, an 80% win rate or better, 50+ positions, and an average position age of at least 0.2 hours.

Red flags to skip

• Average age under 18 minutes. The app warns about these wallets: every copy costs a swap in, a swap back and network fees, and lands after theirs. Raise the minimum age filter to 0.3 hours.
• High win rate, negative EV. Lots of small wins and a few big losses add up to a losing wallet.
• LP fees small next to profit. A wallet at 12% passes the fee check but is mostly riding price. Fees are the part a copy can actually capture.
• Most of the profit from a handful of positions. One lucky pump isn’t a strategy you can copy.
• Thin memecoin pools. Your late copy can end up being the liquidity the leader sells into.

PnL leaves out the swaps in and out

Smart LP measures a wallet’s PnL from when its liquidity enters the pool to when it leaves, leaving out swaps and slippage. So a leader’s real result is a bit worse than the table says, and yours is worse again after lag and the 8%.

Your agent wallet’s PnL counts the full cycle, swaps and fees included, and closed copies get a True PnL mark once checked on-chain.

Step 3: Set up Copy LP, in the order the dialog asks

Press Copy LP on the leader’s portfolio. Only positions they open after that get copied, and each copy closes when the leader closes or your take profit or stop loss hits, whichever comes first. Set the dialog’s five parts in order.

1. Sizing

Copy Percentage (1% to 10000%) scales the leader’s positions: set it to your net worth divided by theirs, times 100. With 10 SOL against a 200 SOL leader, that’s 5%, so their 10 SOL position becomes 0.5 SOL. Suggested + Apply works it out.

Max Increase per Tx caps each copied open or add. It uses the TP/SL currency you pick in the next step. Leave it blank for no cap; 0 isn’t allowed. A leader holding under 18 minutes triggers a high-frequency warning here, which also offers Smart Token Retention if the wallet often re-adds the same token within a minute of exiting.

2. Exit rules

Pick SOL as your TP/SL currency on SOL pairs. A position can be up in USD and down in SOL.

New copies start at 10% take profit and 10% stop loss. LP Agent’s own best-practice guide suggests a 15% stop loss to start, and I agree: a tighter stop gets hit by ordinary swings before the leader’s exit plays out. Keep a stop on. No range protects you when a coin goes to zero. A stop can still fill well below your level in a fast dump.

Check your take profit against the leader’s average age: if they hold for hours, a 10% take profit can close your copy long before they exit.

3. What to copy

For DLMM, tick the shapes you want copied:

• Spot spreads liquidity evenly across the range.
• Curve bunches it near the current price.
• BidAsk puts more at the edges of the range.
• Custom is any other shape.

Leave all four on unless the leader clearly does better with one shape, such as bid-ask. I break down how Spot, Curve and Bid-Ask behave on YouTube.

DAMM v2 copies work, but there’s no compounding and you can’t filter them by shape. Leave it off until you’ve watched how the leader’s DAMM v2 positions do.

4. Protection and token filters

Meme Protection is on by default. It skips a copied open or add when more than 95% of your deposit would sit in the non-SOL, non-stablecoin token, such as the memecoin. Pools where both tokens are trusted, or neither is, aren’t checked. Leave it on.

Smart Token Retention (off by default, DLMM only) keeps the token for a short while after the leader closes: 30 seconds, 1 minute (the default), 2 or 5 minutes. If they add it back, your copy reuses it and skips a sell and a rebuy. It sells early if the price drops more than 5% (the default, which you can set from 0.5% to 50%) or the leader sells the token. I’d leave it off on brand-new coins, where holding the token can cost more than the swap saves.

New accounts start with these token filters under Settings > Security. Only change them to be stricter:

• Jupiter Organic Score 50 or higher (Jupiter’s 0 to 100 score for how much of a token’s trading looks real)
• Market cap $500,000 or more
• 24h volume $100,000 or more
• 100 holders or more

You can also blacklist tokens there.

5. Label

Give each leader a name you’ll recognise in Copy Logs. A short format like average hold / win rate / balance lets you compare leaders at a glance.

Step 4: Watch for 1-2 weeks before you add more

Copy LP > Copy Logs shows every copy from the last 7 days: opened, closed and the ones that didn’t happen, with the reason. Skips come from things like token filters, Meme Protection, a strategy you didn’t tick, low balance or rug-risk checks. The Analysis tab shows PnL and fees per copied wallet.

Compare each closed copy with the leader’s result on the same position. The gap is your lag plus fees. If your copies keep closing red while the leader’s close green, drop that leader. If they track, add size slowly. You can copy several wallets, each with its own settings, as long as the agent wallet can fund them all.

Know your two brakes:

• Fund protection pauses new copies when losses from closed copy positions reach 20% of net worth (the default on Solana); losses on copies still open don’t count. Exits still follow the leader.
• A manual pause stops everything from that wallet, closes included. Your open copies then exit only on your TP/SL or when you close them yourself, at 0.1%.

Before you drop or add a leader, get a second opinion in the DLMM chat.

Extra rewards: Meteora’s 2% referral share and Season 1 cashback

Meteora’s referral share. LP Agent wallets are linked to Meteora’s referral programme, which pays you 2% of Meteora’s protocol fees on your DLMM positions in pools quoted in SOL or USDC, in USDC, up to a cap that depends on the MET staked behind the code your wallet is linked to; blacklisted pools and limit orders are excluded, and you can check that code and its cap on Meteora’s referral page. DAMM v2 positions don’t count.

Your own Meteora positions. For positions you open on Meteora from your own wallet, use my code RAZZAER, and I may earn a referral reward from Meteora when you do. A wallet links one code, permanently. I stake MET behind it, so a wallet on it can earn up to 1,000 USDC a cycle from the 2%; that cap is a ceiling, not what you should expect to receive. If you want a code of your own, you’ll need to stake MET first.

LP Agent’s Season 1 cashback. A partner code returns a share of the LP Agent fees you pay, in SOL, on the 1st of each month (UTC). The minimum payout is 0.1 SOL; smaller amounts roll over to the next month. The rate rises through boost levels:

• L1: earn 1 SOL in LP fees in your first 60 days.
• L2: close a position of 5 SOL or more with over 10% profit.
• L3: keep an LP open 4 weeks in a row.

More than 7 days with nothing open drops you back to Base. Cashback runs for up to 6 months from your first eligible position, or until Season 1 ends, whichever comes first. Partner codes are invite-only, so most readers won’t have one, and the My cashback tab shows each code’s rates.

LP Agent API key: plans, prices and limits

The Open API is for pulling LP Agent data, and building transactions, into your own tools. You buy a key from LP Agent’s portal:

• Basic: $10 one-time, never expires, 5 requests a minute.
• Premium: $20 per 30 days, 10 requests a minute.
• Enterprise: $40 per 30 days, 20 requests a minute.

Go over the limit and you get a 429 error. The top-LPs-per-pool, RPC and Jito endpoints are Premium and up only. If a paid plan lapses, the key falls back to Basic only if you already own Basic. A key bought straight as Premium or Enterprise stops working until you pay again.

When I hooked Claude up to the API, the Basic key was enough to pull about 1,900 closed positions from one LP’s wallet and split them by hold time. My setup also used a free Helius key. DexScreener, Meteora and Jupiter didn’t need one.

A first request looks like this:

curl "https://api.lpagent.io/open-api/v1/pools/discover?chain=SOL&pageSize=5" -H "x-api-key: YOUR_API_KEY"

An API key is not a wallet key, and nothing in this section needs your private key. Never paste a private key or seed phrase into Claude or any bot. Keep the API key out of screenshots and shared prompts too.

LP Agent MCP: manage positions from Claude or ChatGPT

The MCP is a connector that lets an AI app read and act on your LP Agent account. It doesn’t need an API key.

• Claude, ChatGPT, Grok, Grok Bot and Cursor connect by signing in to LP Agent.
• Claude Code, Codex and other headless tools use an access token starting lpat_, made under Settings > Account > Access tokens. It’s shown once, can expire after 7, 30, 60 or 90 days or never, and can be set to read only.

It can show positions and PnL, open with a range in bins, prices or a percent around the price, add, withdraw, close, rebalance, claim, compound, set TP/SL and manage copies. It can’t look at other wallets (so no Smart LP from chat), move funds out of the agent wallet, do plain swaps or limit orders, create pools, run Claim SOL or export your key. Use the app for those.

You need at least 1 SOL in the agent wallet, positions included, to look up pools or put new money in. Below that, checking positions, closing, claiming, TP/SL and pausing copies still work.

Limits are per account, across all tokens: 60 requests a minute and 3,000 a day overall, but only 5 pool-data calls a minute (150 a day) and 10 actions a minute (200 a day).

LP Agent vs MetEngine vs SOL Decoder

MetEngine is the main alternative for copying Meteora LP wallets. MetEngine charges when a copy opens; LP Agent charges a share of fees when it closes.

On a 10 SOL copy, MetEngine takes 0.04 SOL up front at 0.4%, win or lose. LP Agent only costs less while that copy earns under 0.5 SOL in LP fees. So LP Agent is cheaper on copies that earn little and dearer on good ones.

Between these three: under 5 SOL, MetEngine and its 0.2 SOL start fit better. On fees alone, a 10 SOL copy that earns 1 SOL costs about 0.0315 SOL on Valhalla (0.015% to open plus 3% of fees, as listed below), against LP Agent’s 0.08 SOL. From 5 SOL, I’d pick LP Agent for the web app, the fee-checked Smart LP list, TP/SL and fund protection.

SOL Decoder’s Valhalla bot is the third route. It copies Meteora DLMM positions from Discord or a web dashboard, with a 0.015% open fee on position size plus 3% of the Meteora fees you earn.

FAQ

Does LP Agent have a token or airdrop?

LP Agent hasn’t announced a token or an airdrop, and its docs don’t mention one, so there’s no token price to track; the real cost is the 8% and 0.1% fees. Treat any “LP Agent airdrop” site as one of the usual airdrop scams. The real rewards are Season 1 cashback and Meteora’s 2% referral share.

Is LP Agent the same as the lp-agent Claude skill?

No. The “lp-agent” skill on Skills Directory is a separate tool built on Hummingbot that you run yourself, and it asks you to paste a Solana private key. LP Agent’s MCP signs in through your account and can’t move funds out of the agent wallet. Meteora’s own agent tools, like its Agent Skill and docs MCP, are separate again.

Does LP Agent work on Robinhood Chain?

Yes. Sign in with an EVM wallet to get a Robinhood Chain account, since each account lives on one network. Fund it with ETH or USDG, a dollar stablecoin. With USDG as your base token, Keep ETH tops up your gas. You can LP or copy Uniswap V3 and V4 pools, including Robinhood’s stock tokens. LP Agent suggests 0.08 ETH of net worth to copy. Copies are skipped when gas would be over 3% of their size, the short-hold warning is 1 hour rather than 18 minutes, and Smart LP’s size cap doesn’t apply.

Can I lose more than I put in?

No. There’s no borrowing, so your loss stops at what’s in the agent wallet. But a copy can lose most of its value if the token collapses, and the 8% still comes out of the fees it earned.

What happens if the leader’s token rugs?

Your copy exits when the leader exits, unless you’ve paused them, or when your stop loss hits. Meme Protection and the token filters cut how often you’re in that kind of coin, and fund protection stops new copies once losses on closed copies reach 20% of net worth. None of that saves a late exit on a coin that goes straight to zero.

Does LP Agent count for Meteora rewards?

For Season 2, Meteora’s team said LP Agent positions kept earning points because they run from your own agent wallet. Right now, the reward that applies to LP Agent wallets is Meteora’s 2% referral share on DLMM positions, paid in USDC.