📅 Market analysis for November 11, 2026 · data as of 14:00 UTC · powered by live Wealthville Scores
Only 5 of 10 tracked Solana pools actually paid fees in the last day — and two of those look like traps.
How we’re ranking risk-adjusted pools today
Every pool on this slate shows a farmer score of 100/100. That means the operational basics check out — on-chain, live, indexable, and meeting baseline liquidity/structure criteria. It does not mean they’re all good trades. With identical farmer scores, the only way to separate wheat from chaff is to weight three things:
- Fee APR today — if it’s 0.0%, you’re working for free.
- 24h volume relative to TVL (turnover) — how often capital flipped in the last session. We compute 24h volume ÷ TVL and show it to 1 decimal place.
- Risk score — lower is safer; higher demands a real edge or a faster trigger finger.
TVL depth matters for slippage and adverse selection, so we mention it. But size alone didn’t pay anyone today. The contrarian take: size without flow is dead capital.
Today’s risk-adjusted leaderboard (with plain-English reasons)
We’re ranking by real earnings potential now: pools with positive fee APRs and credible turnover first, then breaking ties on risk and depth.
- 1) CNDL-SOL (meteora-damm-v2) — TVL $104K, 24h vol $3K (turnover 2.9%), fee APR 5.0%, risk 76/100. This is the only pool with both real flow and live fees that scale with it. A 2.9% day in turnover supports the posted 5.0% fee APR. It carries medium-high risk, so spread width and sizing matter, but if you wanted an earner today, this was it.
- 2) SOL-LFGO (raydium-amm) — TVL $62K, 24h vol $623 (turnover 1.0%), fee APR 1.1%, risk 83/100. Smaller, spicier, but at least it moved. The 1.0% turnover backs the modest 1.1% fee APR. High risk bucket means fees can evaporate on a quiet tape. Think clip-sized positions and strict exits.
- 3) xORCA-USDC (orca-whirlpool) — TVL $86K, 24h vol $613 (turnover 0.7%), fee APR 15.3%, risk 95/100. The headline APR is loud, turnover is middling, and risk is maxed. This reads like an incentives or reflexivity setup rather than durable taker flow. If you must touch it, treat that 15.3% as fleeting and be ready to hedge or exit quickly. Otherwise, pass.
- 4) MXNe-CETES (orca-whirlpool) — TVL $101K, 24h vol $1K (turnover 1.0%), fee APR 0.1%, risk 77/100. Respectable turnover didn’t translate to fees today. At 0.1% APR you’re not being paid for high-70s risk. Unless you have non-fee reasons (inventory or basis), sit it out.
- 5) USD.infra-sUSD.infra (orca-whirlpool) — TVL $814K, 24h vol $325 (turnover 0.0%), fee APR 0.4%, risk 75/100. Biggest pool by TVL, barely any flow. A 0.4% fee APR with 0.0% turnover says it all — size didn’t attract takers. If you favor stablecoin inventory, this is fine as dry powder, not as a fee engine.
- 6) SOL-sSOL (orca-whirlpool) — TVL $63K, 24h vol $1K (turnover 1.6%), fee APR 0.0%, risk 61/100. Decent turnover on paper, but fees posted at 0.0% tells you either traffic missed your bins or pricing was too tight to monetize. With lower risk than most here, this can be a place to park SOL beta if you must, yet it didn’t pay today.
- 7) WBTC-Satfi (raydium-clmm) — TVL $114K, 24h vol $1 (turnover 0.0%), fee APR 0.0%, risk 69/100. Mid-risk, no flow, no fees. There’s nothing to do here until volume appears.
- 8) SOL-NFW (raydium-amm) — TVL $79K, 24h vol $22 (turnover 0.0%), fee APR 0.0%, risk 94/100. High risk with no payoff. If you need a definition of dead money with tail risk, this is it.
- 9) USD+-USDC (meteora-dlmm) — TVL $200K, 24h vol $7 (turnover 0.0%), fee APR 0.0%, risk 44/100. Safest on the list, but quiet. With 0.0% fees and negligible volume, this is capital preservation, not income.
- 10) BOOP-USDC (orca-whirlpool) — TVL $167K, 24h vol $0 (turnover 0.0%), fee APR 0.0%, risk 39/100. Lowest risk, zero activity. No fees, no reason to be here unless you specifically want BOOP exposure.
Fees come from flow. If the 24h turnover is 0.0%, there was no flow.
If you’re looking for live opportunities, the short list is simple: the first two. Maybe three if you can tolerate the xORCA tail.
Two traps you should sidestep
High APR without the flow: xORCA-USDC
xORCA-USDC prints a 15.3% fee APR with 0.7% turnover, a TVL of $86K, and a 95/100 risk score. That risk level says you’re sitting on structural or reflexive risk that can nullify a day’s fees in minutes. When turnover doesn’t scream real demand, a double-digit APR is rarely stable. If you can’t watch it intraday, don’t touch it.
High risk with zero payoff: SOL-NFW
SOL-NFW shows risk 94/100, 24h vol $22 on $79K TVL (0.0% turnover), and 0.0% fee APR. That’s headline risk with no compensating income. When a pool is this quiet, you’re just carrying inventory variance without a fee cushion.
The stablecoin corner: why the big TVL didn’t pay
Stable-on-stable pools can be incredible during volatility clusters. Today, they weren’t.
- USD.infra-sUSD.infra posted TVL $814K but just $325 in volume (0.0% turnover) and a 0.4% fee APR. That’s meaningful depth but idle orderflow.
- USD+-USDC sat at TVL $200K with $7 traded (0.0% turnover) and 0.0% fee APR. Safer by risk score (44/100) but even quieter.
Stable LPs get paid when spreads tighten and mean-reversion flow churns inventory across bins. With negligible turnover, you’re just warehousing stablecoins. We’ve shown when stables actually beat lending on Solana — it starts with sustained flow, not raw TVL. If you want a refresher on that playbook, see our earlier piece: Where Stablecoin LPs Beat Lending on Solana (Real Fees).
AMM design matters for where fees show up
Some structure context helps you map where today’s flow is likely to pay tomorrow:
- Orca Whirlpools concentrate liquidity. Great when price dances inside your range; dead when it drifts and no one trades through your ticks. Docs: docs.orca.so/whirlpools.
- Meteora DLMM/DAMM can adapt or place bins more dynamically. That’s why you often see decent turnover on smaller TVLs when market microstructure is choppy. Docs: docs.meteora.ag/dlmm.
- Raydium AMM/CLMM splits between legacy AMM pools and concentrated liquidity. Quiet tapes starve both, but CLMMs especially punish set-and-forget ranges.
Today’s data fits the pattern we’ve written about before: concentrated pools can be the top earners, but only when there’s actual traffic through your bins. If you’re new to these dynamics, start with our hub for live leaders: Best Solana pools.
Actionable takeaways for LPs and researchers
- Prioritize turnover over TVL. A $62K pool with 1.0% turnover and 1.1% fee APR (SOL-LFGO) beat an $814K pool with 0.0% turnover and 0.4% APR (USD.infra-sUSD.infra) on a risk-adjusted basis today.
- Don’t pay up for dead flow. If fee APR is 0.0% and turnover reads 0.0%, you are the product.
- Let risk score decide sizing, not entry. CNDL-SOL paid with 5.0% APR at risk 76/100 — that’s a position you size smaller and manage tighter, not one you avoid outright if you need fees.
- Treat double-digit APRs with suspicion unless turnover confirms. xORCA-USDC’s 15.3% with 0.7% turnover and 95/100 risk is a red flag, not an invitation.
- Use live signals to time entries. When you see turnover jump from 0.0% to 1.0%+ during a session, fees often follow within hours. Our free scanner helps: AI Signals.
Lastly, if you’re hunting size, pair this with the TVL leaderboard to avoid liquidity traps when you need to unwind: Top Solana pools by TVL.
Pool-by-pool quick notes you can clip
- CNDL-SOL: $104K TVL, $3K vol (2.9%), 5.0% APR, risk 76/100. Real flow, real fees, size with respect.
- SOL-LFGO: $62K TVL, $623 vol (1.0%), 1.1% APR, risk 83/100. Works on busy tape; keep clips small.
- xORCA-USDC: $86K TVL, $613 vol (0.7%), 15.3% APR, risk 95/100. Fast hands required.
- MXNe-CETES: $101K TVL, $1K vol (1.0%), 0.1% APR, risk 77/100. Turnover didn’t translate to pay. Skip.
- USD.infra-sUSD.infra: $814K TVL, $325 vol (0.0%), 0.4% APR, risk 75/100. Park, don’t farm.
- SOL-sSOL: $63K TVL, $1K vol (1.6%), 0.0% APR, risk 61/100. Activity, no fees — adjust bins or wait.
- WBTC-Satfi: $114K TVL, $1 vol (0.0%), 0.0% APR, risk 69/100. No bid, no trade.
- SOL-NFW: $79K TVL, $22 vol (0.0%), 0.0% APR, risk 94/100. Avoid.
- USD+-USDC: $200K TVL, $7 vol (0.0%), 0.0% APR, risk 44/100. Safe, silent.
- BOOP-USDC: $167K TVL, $0 vol (0.0%), 0.0% APR, risk 39/100. No flow, no fees.
If you want to see which pools tend to pay when the tape heats up, we broke down concentrated vs stable pairs here: Orca Whirlpool’s Edge: Volatile Majors Pay, Stables Don’t. Different day, same principle.
FAQ
Why do all these pools have a 100/100 farmer score?
Farmer score flags operational readiness: live pool, adequately configured, indexable, and meeting baseline liquidity/structure criteria. It is a greenlight to evaluate, not a guarantee of earnings. You still need fee APR, turnover, and risk to make a decision.
Does a 0.0% fee APR mean there were no fees at all?
It means the most recent 24h window produced fees that round to 0.0% APR at the chosen precision. Sometimes you saw volume that didn’t pass through your bins or fees so small they don’t register. If fee APR repeatedly reads 0.0%, you’re wasting time.
How should I use 24h volume/TVL (turnover) when choosing pools?
Turnover is the cleanest sanity check for flow. At 1.0% turnover, a $100K pool cycled $1K of trades. Sustained 1.0%–3.0% turnover typically correlates with real fees; 0.0% means you shouldn’t expect to get paid without a change in market activity.
Is chasing a 15%+ APR ever smart on high-risk pools?
Only if turnover is healthy and you can actively manage inventory. With a 95/100 risk score and 0.7% turnover, a 15.3% headline looks like a baited hook. If you can’t monitor intraday or hedge, skip it.
Why did the biggest stable pool underperform today?
Depth without orderflow won’t print fees. The largest stable pool here (TVL $814K) moved only $325 in 24h (0.0% turnover), so posted a thin 0.4% fee APR. The edge in stables shows up during volatility clusters when spreads compress and inventory churns — not on quiet tapes.
Where can I find the pools most likely to pay next?
Watch live turnover and fee prints. Our real-time dashboards surface that early: see Best Solana pools for current leaders and AI Signals for flow breakouts. Pair it with Top Solana pools by TVL to avoid getting trapped in illiquid names.
