Solana Trading Bot

A Python bot for automatically buying and selling SOL on the Solana network based on specified parameters for slippage, take profit, and buy amount.

Table of Contents

• Features
• Prerequisites
• Installation
• Configuration
• Running the Bot
• Testing on Solana Devnet
• Security Considerations

Features

• Automatic Trading: Buys and sells SOL based on customizable parameters.
• Price Monitoring: Fetches real-time SOL price from a DEX.
• Take-Profit and Slippage: Customizable trade parameters.

Prerequisites

• Python 3.7+: Install Python.
• Solana RPC Endpoint: Register for an RPC URL at Alchemy or QuickNode.
• Solana Wallet: You’ll need a Solana wallet and its key file for transactions.
• Libraries: solana-py and requests.

Installation

1. Clone the Repository:

   git clone https://github.com/DwarfNinjaV/Trading_Bot.git
   cd solana-trading-bot

2. Install Required Libraries:

   pip install solana-py requests

3. Set Up Your Solana Wallet:

   • If you don’t already have a Solana wallet, create one using the Solana CLI:

     solana-keygen new --outfile ~/my_sol_wallet.json

   • Store your wallet file securely and note the path (~/my_sol_wallet.json).

Configuration

1. Edit Script Variables:

   • Open solana_trading_bot.py in a text editor.
   • Replace placeholders in the code:

     # RPC_URL: Replace with your Solana RPC endpoint
     RPC_URL = "https://api.mainnet-beta.solana.com"
     
     # RecipientPublicKey: Enter the DEX receiver’s public key
     RecipientPublicKey = "YourRecipientPublicKey"
     
     # Price API URL: Replace with the actual DEX price-fetching endpoint
     price_api_url = "https://api.dex.com/price?pair=SOL_USD"

2. Load Your Wallet:

   • Update the code in solana_trading_bot.py to load your wallet file:

     from solana.keypair import Keypair
     import os
     
     # Load wallet from file
     wallet = Keypair.from_secret_key(
         bytes(os.path.join(os.path.expanduser("~"), "my_sol_wallet.json"))
     )

3. Set Trading Parameters:

   • Adjust the variables in solana_trading_bot.py to your preferences:

     SLIPPAGE = 0.005  # Maximum allowable slippage (e.g., 0.5%)
     TAKE_PROFIT = 1.05  # Take-profit multiplier (e.g., 1.05 for 5% gain)
     SOL_BUY_AMOUNT = 1.0  # Amount of SOL to buy per trade

Running the Bot

1. Save Configuration Changes.
2. Run the Bot:

   python solana_trading_bot.py

The bot will begin monitoring the price and executing trades according to your configured settings.

Testing on Solana Devnet

To avoid using real funds while testing, connect to Solana’s Devnet:

1. Change the RPC URL:

   RPC_URL = "https://api.devnet.solana.com"

2. Fund Your Wallet on Devnet:

   solana airdrop 2 <WALLET_ADDRESS> --url https://api.devnet.solana.com

3. Run the Bot in Devnet.

Security Considerations

• Wallet Security: Ensure your wallet file is secure and not exposed in public repositories.
• Error Handling: Monitor the bot’s logs for any unexpected errors.
• Live Trading Risks: Only use funds you are prepared to lose, and thoroughly test on Devnet before deploying to Mainnet.