High Noon Investments

Research Notes

Notes from the Technology Studio.

Occasional, detailed writing on the research and engineering behind High Noon's Technology Studio.

Research Notes August 10, 2026 26 min read

I Went Looking for Free Money on Solana. Here's the Autopsy.

Five arbitrage strategies, three AMM designs, three exchanges, and more than twenty thousand real observations on Solana — a full, honest writeup of why every single one came back unprofitable, and what that reveals about where retail edge in DeFi actually runs out.