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  1. Home
  2. /Glossary
  3. /Snipe Bot
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trading

Snipe Bot

An automated trading bot that buys tokens the instant they're listed on a DEX, often within the first block.

Definition

An automated trading bot that buys tokens the instant they're listed on a DEX, often within the first block. Snipers try to get in before anyone else and sell after the initial price pump. On Solana, bots like BONKbot and Trojan let regular users snipe new launches too.

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Related Terms

DEX (Decentralized Exchange)

A cryptocurrency exchange that operates without a central authority, using smart contracts to facilitate trades.

Front-Running

Placing a transaction ahead of someone else's known pending trade to profit from the price impact.

Meme Coin

A cryptocurrency created as a joke or based on internet memes.

Accumulation Phase

A period when smart money quietly buys up an asset before a major price move.

Annualized Return

The average yearly return on an investment, calculated to account for compounding.

Arbitrage

Profiting from price differences of the same asset across different markets.

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