Posted By : Ankit
The Solana blockchain, known for its high throughput and low transaction costs, has become a prominent platform for blockchain app development. Among the various tools and bots built on Solana, the "sniper bot" stands out for its ability to automatically purchase tokens as soon as they become available. This is especially useful during token launches or other time-sensitive events.
In this guide, we'll walk you through building a Solana sniper bot, with a particular focus on integrating it with Raydium DEX. You'll learn about the key components, technologies, and strategies involved in developing an efficient sniper bot.
A sniper bot on Solana is a tool that automatically buys tokens as soon as they become available on a decentralized exchange (DEX), such as Raydium, PumpFun, Jupiter, or Orca. To build a robust sniper bot, you need to understand Solana's ecosystem, including its RPC (Remote Procedure Call) API, smart contracts (also known as programs), and key technical components such as transactions and signatures.
Before starting, ensure you have the following prerequisites:
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Start by creating a new Node.js project:
mkdir solana-sniper-bot
cd solana-sniper-bot
npm init -y
Then, install the necessary packages:
npm install @solana/web3.js axios dotenv
Create a .env
file in the project root to store sensitive information, such as your private key and RPC endpoint:
PRIVATE_KEY=your_private_key_here
SOL_RPC=https://api.mainnet-beta.solana.com
RAYDIUM_FEE_ACCOUNT=your_fee_account_here
Create a listener that detects when new pools are added on Raydium:
const { Connection, PublicKey } = require("@solana/web3.js");
const MAX_SIZE = 10000;
const seenTransactions = new Set();
class RaydiumPoolListener {
constructor() {
this.connection = new Connection(process.env.SOL_RPC, { commitment: "confirmed" });
this.listenToNewPools();
}
listenToNewPools() {
this.connection.onLogs(new PublicKey(process.env.RAYDIUM_FEE_ACCOUNT), async (txLogs) => {
if (seenTransactions.has(txLogs.signature)) return;
if (seenTransactions.size >= MAX_SIZE) {
[...seenTransactions].slice(0, 50).forEach((tx) => seenTransactions.delete(tx));
}
seenTransactions.add(txLogs.signature);
// Trigger swap function with the necessary parameters
swap(txLogs.tokenAmount, txLogs.tokenAddress, txLogs.poolId);
console.log("New pool detected, initiating swap...");
});
console.log("Listening for new liquidity pools...");
}
}
module.exports = new RaydiumPoolListener();
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Use the Raydium SDK to execute swaps once liquidity is added to a pool:
const { initSdk } = require('@raydium-io/raydium-sdk-v2');
const BN = require('bn.js');
const Decimal = require('decimal.js');
async function swap(amountOfSol, solAddress, poolId) {
const raydium = await initSdk();
const poolData = await raydium.api.fetchPoolById({ ids: [poolId] });
const poolInfo = poolData[0];
if (!poolInfo) throw new Error("Pool not found");
const rpcData = await raydium.liquidity.getRpcPoolInfo(poolId);
const [baseReserve, quoteReserve] = [rpcData.baseReserve, rpcData.quoteReserve];
const out = raydium.liquidity.computeAmountOut({
poolInfo,
amountIn: new BN(amountOfSol),
mintIn: solAddress,
slippage: 0.01,
});
const { execute } = await raydium.liquidity.swap({
poolInfo,
amountIn: new BN(amountOfSol),
amountOut: out.minAmountOut,
fixedSide: 'in',
inputMint: solAddress,
});
const { txId } = await execute({ sendAndConfirm: true });
console.log(`Swap successful! Transaction ID: https://explorer.solana.com/tx/${txId}`);
}
For further reference, explore the Raydium SDK V2 Demo.
Before deploying your bot on the mainnet, it's crucial to test it thoroughly on Solana's devnet. Modify your .env
file to use the devnet RPC endpoint:
RPC_ENDPOINT=https://api.devnet.solana.com
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Once the bot is ready, deploy it to a secure server:
Building a Solana sniper bot involves a deep understanding of the Solana blockchain, smart contracts, and APIs. By following the steps outlined in this guide, you can create a sniper bot that executes trades automatically as soon as an asset becomes available, giving you a competitive edge during token launches or NFT drops.
Thoroughly test your bot on the devnet before deploying on the mainnet, and ensure security measures are in place to protect your private keys. With ongoing monitoring and optimizations, your sniper bot can become a powerful asset in the world of blockchain trading.
Interested in hiring crypto bot developers? Explore our talent pool to bring your projects to life.
By refining this approach, you'll be ready to harness the power of Solana's ecosystem and take advantage of automated trading to succeed in the fast-paced world of blockchain.
January 22, 2025 at 01:47 pm
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