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Raydium Sniper Bot
Development
LANCER
LANCER
Project Description
SniperBot focuses on monitoring new pool creations and automating token trading on Solana blockchain decentralized exchanges, specifically on Raydium. The client wanted to develop a sniper bot for tracking new pool creations and automating buy/sell transactions. They approached Oodles to develop a solution that included accurate pool tracking, validation for watchlists, management of token selling stages, and automation based on criterias.
Scope Of Work
The client approached Oodles to develop SniperBot, a solution for monitoring new pool creations and automating token trading on Solana blockchain decentralized exchanges, specifically Raydium. They needed accurate pool tracking, validation for watchlists, and automated buy/sell transactions based on price changes. The project aimed to solve these issues by creating a system with precise pool monitoring, inclusion validation, token selling stage management, and configurable automation criteria. This comprehensive solution streamlined the client's trading process, enhancing efficiency and ensuring secure transaction management.
Our Solution
Our solution for this project encompassed the following services and technologies:
- Developed SniperBot to monitor new pool creations and automate token trading on Solana blockchain's Raydium.
- Created validation service to include pools in a watchlist based on criteria: LP burn, ownership renouncement, top wallet holdings, creator wallet holdings, and immediate trading status.
- Developed token selling stage management based on price changes and configurable time limits.
- Integrated MongoDB, Node.js, Redis, and Solana for efficient data handling and real-time operations.
- Exported all buy and sell transactions into CSV format for easy analysis.
- Resulted in streamlined and efficient trading operations, significantly improving the client's transaction management.
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