Original title: "How can a newbie buy a local dog? The most detailed comparison of Solana trading bots"

Original author: Viee, Biteye

With 150,000 U deposited in 1 minute, buying a local dog has become the most fashionable way to make money in the current market.

The local dog projects we often refer to are early projects that generally have no white paper and very shallow token trading depth. Most of these projects are short-lived, with a life cycle of 1-3 days. There are very few projects that can go out of the 100-fold market, and even go online on the exchange to become "Golden Dogs", such as BOME and SLERF. Even if it is a game of probability, there are still a lot of people who are trying to seize the opportunity to turn over a hundred times.

From discovering a local dog to buying it, it takes tens of seconds to a few minutes, depending on various factors such as network speed and GAS settings. The birth of Trading Bot, or trading robots, has greatly reduced the threshold for ordinary users to get ahead of the game. They only need to prepare the buy settings in advance, copy the contract address, and enter the buy amount.

Currently, the Bot track is relatively mature. According to the Dune data in the figure below, the top five Bots in terms of trading volume are: BonkBot, Maestro, Banana Gun, Trojan, and Sol Trading Bot.

Source: https://dune.com/whale_hunter/dex-trading-bot-wars

Referring to the figure below, in this article, we will compare and introduce the current mainstream Solana trading bots in detail from the dimensions of handling fees, security, user experience, functional advantages/features, and compare them with traditional DEX. Please read the full article for detailed introduction.

01BonkBot: @bonkbot_io

BONKbot is a trading robot designed for Solana Telegram. Its core appeal lies in speed and ease of use, with the main feature of buying quickly. BONKbot uses Jupiter, a decentralized exchange (DEX) based on Solana, and custom routing logic to find the best available price for tokens on various Solana DEXs.

Currently the No. 1 bot in Solana TG Trading Bot, with a daily trading volume of approximately $14 million.

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

· TG Link: https://t.me/bonkbot_bot

· Fee: 1%

· Security: BonkBot was created by the Bonk community and has good community support. BonkBot does not have access to user private keys and prioritizes user security by adopting AES256 encryption, one of the strongest encryption standards available, which ensures that any data exchanged between the user and the robot remains confidential and prevents potential leaks.

· User experience: 1. User-friendly interface, even novices can easily get started; 2. Gas fees can be adjusted to increase transaction success rate; 3. MEV protection function can help users avoid being front-runners. The "MEV Turbo" mode maximizes transaction speed while still providing front-running protection as much as possible, while the "MEV Secure" mode provides guaranteed MEV protection for users who put MEV withdrawal security over speed at all costs.

· Auto sniping: not supported

· Auto trading: supported

· Copy trading: not supported

· Advantages/Features: simple and easy to use, MEV protection function

02Maestro: @MaestroBots

As an old Trading Bot, Maestro has more comprehensive functions and is currently the second bot in terms of trading volume.

Maestro divides bots into four categories, each of which is an independent bot, including sniper bot, wallet bot, whale monitoring bot, and buy and sell monitoring bot. The Sniper Bot is more commonly used for trading.

Source: Official website https://www.maestrobots.com/#sniper

· TG link: https://t.me/Maestro

· Handling fee: 1%

· Security: All private keys are AES encrypted to ensure server security. In addition, the use of Anti-Rug and active fraud detection mechanisms makes Telegram transactions seamless and secure.

· User experience: 1. Maestro has comprehensive functions, including buying and selling/clamps/Anti-Rug/Copy Trade/setting up multiple wallet purchases, etc. 2. The interface is relatively complex, the overall interaction is cumbersome, and there will be a relatively high learning cost.

· Auto sniping: support

· Auto trading: support

· Copy trading: support

· Advantages/Features: comprehensive functions

03Banana Gun: @BananaGunBot

Banana Gun ranks third in trading volume among Solana TG Trading Bots. It is also a popular TG trading bot on the market. It mainly has two functions: trading and sniping. It supports the three public chains of Solana, Base, and Ethereum.

Source: Official website https://bananagun.io/

· TG link: https://t.me/BananaGunSolana_bot

· Handling fee: Manual Buy (manual purchase transaction) 0.5%, Sniper Buy (automatic sniping) 1%

· Security: ANTI RUG and reorganization protection functions, with a top-notch anti-theft system to ensure safer transactions, with a proven success rate of 85%. Honeypot protection function, using market-leading built-in simulation to ensure that token fraud is prevented from the beginning. If the simulator cannot simulate a successful sell, the transaction will not be successful.

· User experience: 1. The interface is simple and functional, suitable for novices and beginners, with basic buying and selling/Copy Trading/Sniping Trading functions. 2. Limit orders can easily automate transactions, and use stop-loss or trailing stop-loss limit orders to set orders to automatically buy at low prices in the best execution method. 3. Specialize in sniping opening, allowing users to snipe tokens that are about to be launched, or trade tokens that have been issued.

· Auto sniping: Supported

· Auto trading: Supported

· Copy trading: Supported

· Advantages/Features: Low handling fee, specialized sniping

04Trojan: @TrojanOnSolana

Trojan’s predecessor is Unibot on Solana, which was developed by Reethmos, the former head of Unibot community operations, and is a derivative product of Unibot. The trading interface is similar to Unibot’s style, and it is the fourth TG Trading Bot in terms of trading volume on the Solana chain.

Source: Official website https://trojan.app/

· TG link: https://t.me/solana_trojanbot

· Handling fee: 1%, 0.9% through recommendation

· Security: Continuous security audits conducted by the cybersecurity company Trail of Bits. The official said that this continuous review process enables them to continuously strengthen security measures as they develop and expand their services.

· User experience: 1. It has more complex order forms such as copy trading and DCA fixed investment trading, which is suitable for beginners and traders seeking automation. 2. The limit order function provides precision by triggering transactions at specific price points, and the DCA (dollar cost averaging) function manages risks by spreading orders over time. 3. Trojan facilitates seamless transfer of assets between Ethereum and Solana through a cross-chain bridge.

· Auto sniping: Supported

· Auto trading: Supported

· Copy trading: Supported

· Advantages/Features: Built-in cross-chain bridge

05Sol Trading Bot: @SolTradingBot

Sol Trading Bot integrates the three largest decentralized exchanges (DEX) on Solana: Jupiter, Orca, and Radium. It can use the extensive liquidity pool of DEX to provide the best price and efficiently execute transactions. At the same time, it can seamlessly execute transactions on different DEX platforms within the Solana network, allowing users to implement multi-DEX strategies and optimize transactions based on the unique functions and characteristics of each exchange.

Currently ranked fifth in trading volume among Solana TG Trading Bots.

Source: Official website https://soltradingbot.com/

· TG link: https://t.me/SolTradingBot

· Handling fee: 1%

· Security: The most advanced security key management practices are adopted, and multi-factor authentication (MFA) is implemented. This additional layer of verification usually involves a combination of passwords and one-time codes, adding an additional barrier to prevent unauthorized access.

· User experience: 1. It has multiple functions, including trading, sniping, copy trading, tracking, automatic buy/sell and limit/DCA orders, as well as monitoring of new coins and new pools. 2. It has market data analysis functions, using real-time data streams from various sources to ensure that users can obtain the latest and accurate market information. Using a variety of technical indicators, it provides traders with the tools they need for in-depth analysis. From moving average to RSI, users can customize their own strategies based on a variety of indicators.

· Auto sniping: Supported

· Auto trading: Supported

· Copy trading: Supported

· Advantages/Features: Market data analysis function

06BullX: @bullx_io

Bullx is a data aggregation & trading platform that provides users with early opportunities to trade Meme coins, compatible with Ethereum mainnet, BNB, Base, Arbitrum, Blast and Solana networks. BullX Trading Bot is a trading bot that runs on the platform.

Source: Official website https://bullx.io

· TG link: https://t.me/BullXBetaBot

· Fee: 1%

· Security: The trading bot is a hybrid of Telegram and Web, making it more difficult for wallet stealers to access and extract user funds.

· User experience: 1. Connect to the website by binding a TG account, provide real-time data and market trend analysis, and seamlessly integrate with exchanges such as Binance, Coinbase Pro and MEXC. 2. With the Pump Fun token category, you can quickly buy any newly launched pump tokens. 3. Provide predefined trading strategies for Meme coins based on indicators and technical analysis, and users can also customize their own strategies according to market conditions. 4. Support pending orders, allowing users to set buy limit prices, sell limit prices, etc.

· Auto sniping: not supported

· Auto trading: supported

· Copy trading: not supported

· Advantages/Features: The first bot that combines Telegram+Web, with an expected coin airdrop

07Pepeboost: @PepeBoost888

Pepe Boost interface supports Chinese, with Chinese community as the main target. The official is also very good at using Twitter, and even derived a community-led single-coin trading model, with a good community reputation.

Source: https://www.pepeboost.io/

· TG Link: https://t.me/pepeboost_sol09_bot

· Handling fee: 1%

· Security: The development team has many years of experience in data security development. Through multi-layer encryption technology, from the server, database, transaction information transmission and other links, the user's private key and funds are protected.

· User experience: 1. The functions are basically comprehensive, including fast sniping, one-click buying and selling, anti-pinch transactions, multiple wallets, etc., and it supports Raydium and Jupiter dex. 2. Simple operation, fast transaction speed, automatic monitoring of the dynamics of the smart wallet on the chain, and triggering notifications as soon as the actual transaction is packaged and uploaded to the chain. 3. The official operation ability is strong, and it personally "takes orders", and the overall user stickiness and conversion rate are relatively high.

· Auto sniping: Supported

· Auto trading: Supported

· Copy trading: Supported

· Advantages/Features: Active Chinese user groups, strong community operation capabilities

08GMGN: @gmgnai

GMGN is a Meme token tracking and analysis platform that integrates two major functions: a watch line website and an on-chain asset dashboard.

The main features are tracking smart money addresses and monitoring token fund flow analysis, which allows users to track buying and selling situations and provide trading signals for traders.

GMGN has developed dozens of TG channels, including GMGN Sniper Bot, which is the bot analyzed below.

Source: Official website https://gmgn.ai/bot?chain=sol

· TG link: https://t.me/GMGN_sol_bot

· Handling fee: 1%

· Security: Adopting the most advanced security key management practices, multi-factor authentication (MFA) is implemented. This additional layer of verification usually involves a combination of passwords and one-time codes to prevent unauthorized access.

· User experience: 1. The operation is relatively simple, and there is a security monitoring button to assess the risk of tokens. It can monitor the dynamics of smart money on the chain, set automatic buy + pending order limit sell (automatic stop profit and stop loss), and has anti-pinch function. 2. Support users to build automated scripts.

· Auto sniping: not supported

· Auto trading: supported

· Copy trading: not supported

· Advantages/Features: Supports automated script building, relying on the on-chain monitoring tool GMGN.AI

09NFT Sniper: nftsniper_club

NFT Sniper is a comprehensive degen tool developed by @weixiaoqvq. At first, it was mainly used for NFT mint on the Ethereum chain. Later functions were gradually expanded. In addition to NFT, it also includes token swap. It supports web and mobile terminals, and supports multiple chains.

In addition, there are contract detection, KOL position monitoring, mouse position reminder, position income statistics and management, exchange batch recharge and withdrawal, BTC engraving, Twitter monitoring and wallet monitoring. In addition, NFT Sniper will launch new features based on hot spots.

NFT Sniper is a one-stop tool for both veterans and novices. The tool was previously paid for use, but now it requires a membership application system. Some advanced features can only be enabled by accumulating points through swap.

· TG link: https://www.nftsniper.club/

· Handling fee: 1% (ETH, Base, Blast single transaction capped at 0.01 ETH, Sol single transaction capped at 1 sol)

· Security: The private key of the web tool is saved locally.

· User experience: The tool is very comprehensive, veterans can customize parameters, and novices can choose automatic. Wallet and Twitter monitoring are also very practical.

· Auto sniping: Not supported

· Auto trading: Supported

· Copy trading: Supported

· Advantages/Features: Swap fees are cheap and capped, safe and reliable

10Cryptohunt: @cryptohunt_ai

CryptoHunt is a Web3 AI intelligent investment research platform that provides on-chain analysis and trading tools, bringing users alpha information mining, currency screening and analysis, automatic inscription burning, wallet management and many other functions.

The biggest feature is that it has a unique artificial intelligence algorithm, such as being able to track and weight the tweets of more than 10,000+ Chinese and English crypto KOLs on X, and introducing ChatGPT 4.0 to help users filter crypto noise and bring more valuable crypto information to users.

In addition, users can use CryptoHunt to build their own Web3 toolbox. Sol Swap is a trading function on Cryptohunt that focuses on the Solana chain, similar to the trading bot mentioned above, and will be closer to DEX in terms of function.

Source: Official website https://www.cryptohunt.ai

· Link: https://www.cryptohunt.ai/zh-CN/trading/solSwap

· Handling fee: 0.5% (registered members only need 0.3%)

· Security: Compared with TG bot, it will make the wallet private key safer.

· User experience: First connect the wallet, then enter the token address and amount you want to buy, and you can complete the transaction. The operation is fast and convenient, suitable for novices.

· Auto sniping: not supported

· Auto trading: not supported

· Copy trading: not supported

· Advantages/Features: cheap, highly secure

11DEX: Jupiter, Raydium

Both Jupiter and Raydium are decentralized exchanges (DEX) built on Solana. Jupiter is basically the largest aggregate trading platform on Solana, providing functions such as transaction aggregation, limit orders, and fixed investment.

· Handling fees: 1. Jupiter does not charge for aggregated transactions, but charges for fixed investment and limit orders. 2. Raydium charges a handling fee ranging from 1% to 0.01%, depending on the Swap pool.

· Security: Passed the smart contract security audit, and compared with TG bot, using DEX will make the wallet private key safer.

· User experience: In addition to the commonly used Swap function, DEX also provides limit order function, DCA (average cost fixed investment) and cross-chain function, and even contract trading function. For super early local dogs, the liquidity pool will basically be deployed in Raydium. Just enter the currency pair, amount and slippage you want.

· Auto sniping: not supported

· Auto trading: not supported

· Copy trading: not supported

· Advantages/Features: cheap, high security

Risk warning:

I have to remind everyone that beating dogs is fun for a while, but losing money is a crematorium. Using Telegram to trade Bot is still risky. The target users of bots are Degens with higher risk preferences. Security vulnerabilities such as private key theft and hacker attacks still exist.

When using a trading bot, be sure to carefully check the URL of the website and link, and recommend using official sources and avoid clicking on suspicious links. At the same time, treat BONKbot as a hot wallet when trading, transfer transactions, and transfer back to the main wallet after completion.

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