Solana's Hype Essential Tool: Four Major Solana TG Trading Bots

Last week witnessed a major surge in Solana Memecoins, with several Memecoins achieving over a billion-dollar market capitalization. Among them, Book of Meme $BOME stood out with its remarkable performance, achieving a market capitalization of $1 billion within three days of its launch and successfully listing on the Binance exchange, surpassing the 19-day record of $PEPE to become the fastest 1 billion market cap token in history.

The frenzy surrounding the Memecoin season also led to exceptional congestion on the Solana blockchain. Many web front-end manual trading updates couldn’t keep up with the actual token price changes, compounded by the fact that most Solana wallet applications were unable to adjust Gas Fees. As a result, many transactions ended in failure, making TG Trading Bots essential tools for Memecoin traders. In this week’s Cryptosnap, Dr. DODO will introduce four popular TG Trading Bots on the Solana blockchain to make your trading experience smoother!

BonkBot

• Trading Fee: 1%
• Referral Mechanism: Earn 30% of the trading fees in the first month, 20% in the second month, and 10% thereafter.
• Token: None, and it is explicitly stated that no tokens will be issued, with continuous empowerment of $BONK.

BonkBot is a TG trading bot created by the Bonk community and is currently the top trading bot in terms of trading volume among Solana TG Trading Bots. BonkBot is known for its user-friendly interface and features such as resistance to MEV transactions and gas fee adjustment. On the peak day of March 18th, its daily trading volume exceeded 250 million, with an astonishing $1.4 million in daily transaction fees. Currently, the average daily trading volume has fallen back to around 50 million.

Source: https://dune.com/whale_hunter/bonkbot

Sol Trading Bot

• Trading Fee: 1%, with partial token fee exemption ($MYRO, $BONK, $WIF, $JUP, $WEN)
• Referral Mechanism: Earn 30% of the trading fees from referred users.
• Token: Yes, $STBOT, but currently the token has no empowerment.

Sol Trading Bot stands out from other bots primarily due to its sniper token feature. In addition to this, it offers more complex order functions such as DCA (Dollar-Cost Averaging) investment and limit orders. It also includes features like monitoring new tokens and pools, making it a versatile tool. Sol Trading Bot is one of the few Solana TG trading bot projects that has already issued its own token.

In terms of trading data, it ranks second only to BonkBot. During the peak on March 18th, its daily trading volume exceeded 143 million, with daily transaction fees surpassing 1.4 million USD. Currently, its trading volume is comparable to Trojan, averaging around 20 million USD per day.

Source: https://dune.com/whale_hunter/sol-trading-bot

Trojan is Solana

• Trading fee: 1%
• Referral mechanism: 0.9% through referred joiners
• Token: None, but tokens are planned for future issuance

Trojan, formerly known as Unibot on Solana, was developed by Reethmos, the former community operations manager of Unibot. Originally a subsidiary product of Unibot, Trojan underwent a name change due to disagreements with the original team regarding profit distribution and the issuance of new tokens. Following this dispute, the Unibot team removed Trojan from its projects. The original Unibot team announced plans to develop a new Solana TG Bot independently. Trojan team subsequently announced that they had already snapshot $Unibot prior to the Unibot announcement and would conduct an airdrop of new tokens to $Unibot holders in the future.

The trading interface of Trojan bears resemblance to that of Unibot and offers features such as copy trading and dollar-cost averaging (DCA) trading. Currently, Trojan ranks as the third most active TG Trading Bot on the Solana chain. At its peak on March 18th, the daily trading volume exceeded 109 million with a transaction fee surpassing 1.1 million USD. However, the current trading volume has declined to approximately 20 million.

Source: https://dune.com/whale_hunter/trojan-trading-bot

Invitation hierarchy mechanism Source: https://trojan.app/

Pepe Boost

• Trading fee: 1%
• Referral mechanism: Referrer receives 25% of the trading fee from the referred user
• Token: None, and there are no plans to issue a token

Pepe Boost is the most widely used trading bot in the Chinese community, with a user-friendly interface that supports Chinese language, making it popular among Chinese Key Opinion Leaders (KOLs). Having operated on Ethereum for nearly six months, its strong community reputation and responsive customer service have contributed to its success on Solana as well.

While its trading data may not match the top three bots, Pepe Boost has still performed well. During its peak on March 18th, it recorded a daily trading volume of 13 million and total fee income of 103K. Currently, its daily trading volume has declined to around 5 million.

Source: https://twitter.com/wayrunetwork

Author’s opinion

As an early adopter and avid user of TG trading bots, I have been a strong supporter of tools like Maestro, Unibot, and Banana Gun since their early days. I have also tried all four TG bots mentioned during the current Solana frenzy. In the realm of TG trading bots, Solana now commands over 60% of the market share, making it the largest source of users.

As mentioned earlier, the nature of the Solana blockchain makes transaction failures more common compared to EVM-based chains, highlighting the necessity of using trading bots. These bots serve as trading tools that greatly enhance convenience for users, but caution must be exercised regarding the security of the TG bot’s private keys. For those planning to hold tokens long-term, I recommend transferring them to another wallet after trading to ensure security.

Source: https://dune.com/whale_hunter/dex-trading-bot-wars?Blockchain_ee8836=Solana

Disclaimer

The information in this research report comes from publicly disclosed materials, and the opinions expressed in this article are for research purposes only and do not represent any investment opinions. The opinions and forecasts issued in the report are only the analysis and judgment on the date of issuance and do not have permanent validity.

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