In the fast-paced world of decentralized finance (DeFi), Solana-based trading bots have become essential for automating strategies, capturing new tokens, and exploiting market inefficiencies. Four prominent platforms—Sol Trading Bot, GMGN AI, Photon, and MevX offer varying features, speeds, and supported chains, catering to different trading needs and user profiles. Each bot excels in specific areas, from strategy execution to user interface, helping traders stay ahead of the market.
Sol Trading Bot vs GMGN vs Photon vs Mevx: Overview
| Feature | Sol Trading Bot | GMGN AI | Photon | MevX |
|---|---|---|---|---|
| Platform Type | Telegram Bot | Web + Telegram Bot | Web-based | Web-based + Telegram Bot |
| Supported Chains | Solana | Solana, Ethereum, BSC, Tron, etc. | Solana, Ethereum, Base, Blast, etc. | Solana, Ethereum, BSC, Tron, Base, etc. |
| User Interface | Telegram-based chat interface | Telegram-based + web dashboard | Web-based graphical interface | Web-based + Telegram interface |
| Trading Features | Token sniping, buy/sell orders | Smart money tracking, copy trading, sniping | Token discovery, fast execution, filtering | Sniping, new token discovery, copy trading |
| Additional Features | Multi-wallet support, simple commands | Contract security checks, deep analytics | Fast execution, real-time token lists | Lower fees, portfolio tracking, rewards |
| Target Audience | Beginners, Solana traders | Semi-active, experienced traders | Traders preferring simplicity and speed | Intermediate to advanced traders |
Sol Trading Bot
Sol Trading Bot is a Telegram-integrated trading bot designed for the Solana ecosystem, offering automation features such as token sniping, limit orders, DCA, and copy trading. Like BonkBot, it automates trading tasks to enhance efficiency during fast market changes. While its integration with Telegram adds convenience, it also brings risks concerning command input and wallet management, prompting users to often use separate wallets for added security. While not offering standout features, Sol Trading Bot is another option in the Solana meme-coin bot market.
Key Points
- Sol Trading Bot is a Telegram-based automated tool for executing trades, sniping, copy-trading, and managing limit/DCA orders on the Solana blockchain.
- It integrates with prominent Solana DEXs like Jupiter, Raydium, and Orca for efficient trade routing and liquidity access.
- While the exact launch date isn’t widely publicized, documentation suggests it was operational by May 2024.
- The platform supports copy-trading, enabling users to follow and replicate positions across wallets based on set filters and conditions.
GMGN
GMGN is a platform tailored for trading on-chain tokens, focusing on meme coins and newly launched tokens across chains like Solana, BNB Chain, and Base. It offers a variety of features, including a dashboard for tracking token and wallet data, tools for sniping new launches, and copy-trading options to follow successful traders or “smart money.” The platform is designed to support crypto traders, particularly those looking for high-risk, high-reward opportunities, by providing fast data, early alerts, and automation, allowing users to respond swiftly without depending on manual research.
Key Points
- GMGN is a platform for on-chain trading, focusing on meme and newly launched tokens across various blockchains.
- Launched publicly in 2024, it offers real-time token discovery and sniping, enabling users to quickly identify and trade new tokens.
- While GMGN includes security checks, it cannot guarantee safety, as even seemingly secure meme tokens can crash or underperform.
- Success on the platform relies on market timing, token distribution analysis, liquidity, and luck, rather than solely on using the tool.
- Due to the volatility of meme coins and token launches, it’s advised to invest only small amounts—essentially, what you can afford to lose.
Also, you may read Different Types of Crypto Trading Bots
Photon
Photon is a web-based on-chain trading terminal designed for fast execution, visual analytics, and ease of use. It offers real-time charts, token discovery, liquidity tracking, and wallet monitoring, all integrated into a dedicated browser interface instead of Telegram bots. Favored by discretionary traders, Photon emphasizes situational awareness, data-driven decision-making, and transparency, making it an appealing option for those transitioning from centralized exchanges to DeFi.
Key Points
- Launched in late 2023, a multi-chain DeFi trading and token discovery platform.
- Originally built for Solana, later extended to support other blockchains.
- Optimized for rapid token discovery and trade execution.
- Features a web-based interface with real-time token updates, not just Telegram.
- Offers fast buy/sell options, advanced filtering, and integrated analytics.
- Focuses on speed, stability, and reliability.
- Catered to both novice and experienced DeFi traders.
Mevx
Mevx is a performance-focused trading platform, prioritizing speed and efficiency in execution. It appeals primarily to active traders who need quick responses to market changes, especially in volatile or emerging token markets. The platform emphasizes automation, efficient workflows, and low-latency execution, appealing to those who prioritize precision over visual analytics. With a focus on functionality, Mevx is better suited for experienced traders rather than beginners.
Key Points
- MevX is a sniper platform for memecoin trading, designed for rapid execution and automation.
- It offers advanced presets and supports multi-wallet trading.
- The platform is optimized for high-volatility tokens.
- Launched in May 2024, MevX primarily focuses on Solana, with plans for expanding multi-chain support.
Also, you may read 4 Best Options Trading Platforms for easy trading
Sol Trading Bot vs GMGN vs Photon vs Mevx: Fees Structure
Sol Trading Bot
- Sol Trading Bot typically charges a standard fee of approximately 1% per transaction on completed trades.
- It may provide commission-free trades for certain tokens as part of promotional offers.
- Users are also responsible for Solana blockchain network fees, which are separate from the bot’s fee structure.
GMGN
- GMGN applies a fixed 1% handling fee for each transaction.
- In addition, you are responsible for standard blockchain/network costs, including gas slippage, and any “priority tip / MEV-protection fee” if that mode is used.
- For instance, a copy-trade or regular trade would be calculated as “amount + gas/priority/tip + 1% GMGN fee”.
Photon
- A 1% fee is charged on each buy/sell transaction across all supported chains.
- The fee applies uniformly across all supported chains (SOL, ETH, TRON, Base, Blast).
- There is no separate subscription fee, only the transaction fee.
MEVX
- MevX typically charges around a 1% fee per trade across supported chains and transaction types.
- Blockchain network fees (such as gas fees) are additional and vary based on the blockchain being used.
- Users may still incur underlying blockchain gas fees when interacting with on-chain DEX liquidity.
Sol Trading Bot vs GMGN vs Photon vs Mevx: Security Information
| Security Aspect | Sol Trading Bot | GMGN AI | Photon | MevX |
|---|---|---|---|---|
| Non-custodial Wallet Control | User retains control of wallet; bot executes transactions with wallet keys. | User retains control; wallet keys supplied to bot. | User retains wallet control via wallet connect. | User retains wallet control via wallet connect. |
| Smart Contract Security | No advanced contract security checks. | Performs contract checks (e.g., liquidity, honeypot detection). | Includes anti-rug/MEV protection features. | No advanced contract checks documented. |
| MEV / Front-Run Protection | No specific MEV protection mentioned. | Advanced fee control reduces front-run risk. | MEV protection mechanisms to avoid sandwiching and front-run attacks. | No specific MEV protection mentioned. |
| Multi-chain Support | Solana-only focus, reducing cross-chain risks. | Multi-chain support (Solana, Ethereum, BSC, etc.). | Multi-chain support with standard web3 safety. | Multi-chain support, but general safety practices apply. |
| User Authentication | No 2FA or bot-specific authentication. | No specific 2FA; wallet signature required. | Standard web3 wallet connect, no 2FA. | No specific 2FA; wallet signature required. |
| Risk Mitigation Guidance | Advice to use separate wallets for trading. | Provides alerts and token security analysis. | Alerts for token risk and anti-rug features. | Basic safety recommendations; users should manage wallet hygiene. |
Conclusion
Each trading bot—Sol Trading Bot, GMGN AI, Photon, and MevX—caters to different needs within the crypto trading space. Sol Trading Bot is great for Telegram-based, simple automation on Solana. GMGN AI offers advanced AI-driven features for traders seeking deeper insights and copy trading.
Photon provides a fast, visual web-based platform for quick executions and token discovery. MevX delivers a multi-chain solution with lower fees and a rich feature set, ideal for advanced users. The right bot depends on your preferred trading approach, network focus, and level of expertise.
Frequently asked questions (FAQs)
How does GMGN AI differ from other bots?
GMGN AI combines both a Telegram bot and a web interface with advanced AI-assisted features, including wallet monitoring, smart money tracking, and copy trading across multiple blockchains.
Is Photon suitable for beginners?
Yes, Photon offers an intuitive web interface with fast execution and real-time token discovery, making it an ideal choice for traders who prefer a visual and straightforward experience.
Do these bots charge fees?
Yes, most of these bots charge a transaction fee, typically around 1%, with MevX offering slightly lower fees of approximately 0.8%.
Can MevX be used on multiple blockchains?
Yes, MevX supports multiple blockchains, including Solana, Ethereum, and Binance Smart Chain, allowing users to trade across various networks with advanced features and lower fees.
