In that 'Preme five panel,

from Odd Future (Ft. Domo Genesis, Earl Sweatshirt, Frank Ocean, Hodgy Beats, Jasper Dolphin, Left Brain, Mike G, Taco & Tyler The Creator) – Oldie Lyrics on Rap Genius

Meaning

“‘Preme” is short for Supreme, a clothing/skating line which Odd Future, particularly Tyler, is a fan of. 5-Panel refers to a specific type of hat they make.

This isn’t the first time Tyler’s made a reference to his favorite headwear

To help improve the meaning of these lyrics, visit “Oldie” by Odd Future (Ft. Domo Genesis, Earl Sweatshirt, Frank Ocean, Hodgy Beats, Jasper Dolphin, Left Brain, Mike G, Taco & Tyler The Creator) Lyrics and leave a comment on the lyrics box