How to copy trade a wallet on Solana
To copy trade a wallet on Solana, you set a bot to repeat its buys and sells in your own account, at the price available when your order lands. Decide four things before you start: which wallet, what size, what slippage cap and what exit. Then price the copy: at a 1% fee per trade, a round trip costs 2% before gas and slippage.
- Platform fee
- 1% a tradeAt GMGN and Trojan; copyfomo charges 2%
- What it is
- Mirrored tradesA bot repeats a wallet’s buys and sells in your account
- Round trip
- 2%Fee in and out, before gas and slippage; 4% at copyfomo
- Slippage
- 30–50%What GMGN’s docs recommend on memecoins; costly on bigger orders. Set your cap
- Watching a wallet
- FreeSpyBot: 10 Solana + 10 EVM wallets, 1,000 alerts a day. Find a wallet first
- Chains
- Solana, Base, BSC, Robinhood ChainWhere copyfomo copies wallets; GMGN covers many chains, Trojan Solana only
- Usage
- $8.67MGMGN’s trailing 30-day fees on DefiLlama, Trojan $544K; not a performance figure
- Security record
- 3 incidentsGMGN, Maestro and Banana Gun refunded or compensated users. See the record
Checked 22 October 2026
On this page6
How to copy trade a wallet on Solana: what the bot really does
Copy trading moves no money between accounts. A bot repeats another wallet’s orders from your own wallet, at its own speed.
GMGN, Trojan, Maestro, Bloom, Sigma, Banana Gun, Based Bot and copyfomo all document copy trading. What separates them is how tightly you can constrain the copy.
What happens on each copy
- Their buyThe wallet you follow buys a token.
- The bot sees itIt watches that address and reacts at its own speed.
- Your orderThe same buy leaves your wallet, as a second transaction.
- Your priceThe price available when your order lands, not theirs.
Terminals: GMGN, Trojan
Copy trading next to everything else.
- Sniping, limit orders, take-profit / stop-loss
- You can also manage the position yourself
One job: copyfomo
Copy trading and nothing else.
- Mirrors wallets from fomo’s public leaderboard
- Copies entries and exits, with a documented list of guards
Step 1 — find a Solana wallet with a repeatable record
Finding the wallet is a tracking job, not a trading job. The leaderboard number tells you least; the record behind it shows whether the gains repeat.
- Add the public address to a tracker. SpyBot’s free plan covers 10 Solana and 10 EVM wallets with 1,000 alerts a day.
- Read several weeks of PnL, losses as well as gains, before you consider copying anything.
- Filter out the noise: trade size, market cap, token age and first buys only are per-wallet filters on SpyBot.
- Drop any wallet whose record rests on a single launch, or whose history is mostly airdrops and transfers.
What a repeatable record looks like
- A routine
Gains that repeat trade after trade, not one launch that makes the whole record.
- Readable losses
How the wallet behaves when a trade goes against it, and how often it trades.
- No group buys
Several fresh addresses buying one token in the same minute means a trade arranged off-market. SpyBot flags coordinated buys across the wallets you follow.
- A known label
Labels show who is behind an address: Nansen documents more than 500 million labeled addresses and a Smart Money tier.
SpyBot needs public addresses only, and its paid plans add Top Traders lists of KOLs, whales and high-ROI wallets to start from.
Affiliate link: we may earn a commission on your subscription, at no extra cost to you.
Step 2 — set the size, the slippage and the exit
Set all three before the first copy. An exit you defined yourself is the only part of the trade that does not depend on the copied wallet’s timing.
Before the first copy
Size: fixed or proportional. Fixed keeps the risk identical on every copy; proportional follows the wallet, so a whale’s position does not shrink into something meaningless in yours.
Exit: set with the entry. GMGN documents take-profit, stop-loss and trailing orders; Trojan adds DCA ladders and limit orders. copyfomo copies the wallet’s exits too, with a one-tap kill switch.
Slippage: a cap you chose. GMGN’s docs recommend 30–50% on memecoins: it helps the order fill, and bigger orders get expensive. A lower cap means more failed copies, not less risk.
Step 3 — price the copy before you fund it
Copy trading is charged per trade, never as a share of your profit. Gas, priority fees and slippage come on top: on a Solana launch, the priority fee is part of your entry price.
Platform fee per trade
- GMGN, Trojan, Maestro
- 1%Photon, Bloom and Sigma publish it too.
- Trojan, bot trades
- 0.80%Net, after the 20% cashback.
- copyfomo
- 2%Per trade, for a bot that only copies.
- Platform fee on the buy
- 1%
- Platform fee on the sell
- 1%
- Before gas and slippage
- 2%
What a position that goes nowhere costs. At copyfomo’s 2%, the same round trip costs 4%.
The limits of copy trading on Solana
A wallet’s record has to survive your latency, your fees and its own exits. The tools fail too: three have already refunded or compensated users after an incident.
- You always land second
Your order is a second transaction, placed after the wallet’s own. Tools admit the strain: Trojan documents nine backup bots for busy moments.
- Fees multiply
Twenty trades a day means twenty times the platform, network and priority fees. Copying a scalper and copying two trades a week are different products.
- You may be the exit
A copied wallet can sell into its copiers. Own the exit: copyfomo mirrors it with a kill switch; GMGN, Trojan and Photon let you pre-set yours.
- Oct 2023Maestro router exploitAbout $500K, refunded to users.
- Sep 2024Banana Gun bot compromiseAbout $3M drained, then refunded.
- Oct 2025GMGN sandwich attackMEV sandwich on user trades despite anti-MEV settings; users compensated.
A short checklist before you switch copy trading on
Start on one wallet, with an amount small enough that a bad copy does not change your week.
A stop loss and a slippage cap. Both at levels you could justify out loud.
The round trip, written down. Platform fee in, platform fee out, gas, priority fee, slippage: that is the number the copy has to beat.
A plan if the wallet stops or dumps. Know which orders are yours and which are mirrored.
Custody, checked. GMGN, Trojan and copyfomo are non-custodial with key export; Maestro shows the key at creation, Bloom only once.
The security record, not only the fee. Three tools on this page have refunded or compensated users after an incident.
Tools used in this guide
GMGN
Web terminal + Telegram bots · Solana · EVM · Tron
You trade memecoins on several chains and want analysis and execution in one place.
- Platform fee
- 1%
- Where it runs
- Web, Telegram
- Referral perk
- None documented
DefiLlama, 30 days, all chains: about 55% of fees on EVM chains.
Trojan
Telegram bot + web terminal · Solana
You trade only Solana and want the same wallets in Telegram and on the web.
- Platform fee
- 1%
- Where it runs
- Telegram, Web
- Referral perk
- 10% off trading fees
copyfomo
Copy-trading Telegram bot · Solana · EVM
You want to mirror proven wallets on Base, BSC, Robinhood Chain or Solana without watching charts.
- Platform fee
- 2%
- Where it runs
- Telegram
- Referral perk
- 10% off the commission, permanently
DefiLlama, 30 days: about 42% of fees on EVM chains, mostly Robinhood Chain. Tracked since 17 Sep 2026.
SpyBot★ Editor’s pick
Telegram, Discord + web wallet tracker · Solana · EVM
You trade Solana memecoins from Telegram or Discord and want finely filtered alerts you can buy from in one tap.
- Price
- Free · from 0.1 SOL/mo
- Wallets tracked
- 20 free · up to 1,500
- Alerts
- Telegram, Discord, In-app
Open SpyBotReviewAffiliate link
Frequently asked questions
How much do I need to start copy trading on Solana?
No tool in our set publishes a minimum deposit. What matters is the cost structure: the platform fee is a percentage, so 1% on a $100 copy is $1, and gas, priority fees and slippage are added on top. Most people start with an amount small enough that a bad copy does not change their week.
Do copy trading bots take a cut of my profits?
No. The tools we compare charge per trade, not on profit. GMGN, Maestro, Trojan, Photon, Bloom and Sigma publish a 1% fee, Banana Gun charges 0.5% on manual Ethereum trades and 1% on snipes and other chains, and copyfomo charges 2% per trade. Cashback lowers the net rate on some tools, such as Trojan’s 0.80% on bot trades.
Can I copy a wallet that trades on chains other than Solana?
Some can. copyfomo mirrors wallets on Solana, Base, BSC and Robinhood Chain; GMGN and Maestro cover many chains; Trojan is Solana only. If the wallet you want to follow trades mostly on EVM chains, starting with a tracker that covers those addresses is the cheaper first step than opening a second trading account.
What happens if the wallet I copy sells while I am asleep?
It depends on the settings you chose. copyfomo copies exits as well as entries and provides a kill switch, so the exit is mirrored. On GMGN, Trojan and Photon you can pre-set take-profit, stop-loss, limit and DCA orders, so the position is managed by your own instructions instead of the copied wallet’s timing.
Is copy trading on Solana profitable?
We cannot tell you that it is, and no honest source can. A wallet’s record has to survive your latency, your slippage cap and two platform fees per round trip, and a wallet that made its gains on a single launch rarely repeats it. Treat the first copies as a cost you accept, not a return you expect.
Do I have to hand my private key to a bot?
It depends on the custody model, which every card in our set states. GMGN, Trojan, copyfomo and Sigma are documented as non-custodial or with key export; Maestro shows the key at creation and encrypts it, Bloom shows it only once; fomo lets you export its embedded wallet’s key from the settings. Read that field before you deposit, not after.