What is solana-trading-bot?

This is an automated trading bot that watches for new token listings on the Solana blockchain and tries to buy them immediately after they appear, a practice called sniping. It monitors two specific platforms: Raydium, where new liquidity pools open, and Pump.fun, where new tokens launch along a bonding curve. When the bot detects a qualifying new token, it attempts to purchase it before other traders can. The bot works by listening to live transaction logs on the Solana network using WebSocket connections. As soon as it sees a signal that a new pool or token has appeared, it runs the opportunity through a set of filters before buying. Those filters can check whether the creator has given up control of the token (mint renounce), whether liquidity has been locked (LP burn), whether the pool is within a specified size range, and whether the token appears on a pre-approved snipe list. Pump.fun launches skip most of these checks by default. Once a buy is approved, the bot sends the transaction through one of three routes: the standard Solana network connection, a service called Warp that relays transactions faster, or Jito, which bundles multiple transactions together and competes for priority inclusion. For contested launches where many bots race at the same time, Jito is recommended because a regular connection is likely to lose that race. After buying, the bot can automatically sell based on rules you set. You define a take-profit percentage and a stop-loss percentage, and it watches your wallet balance to trigger a sale when either threshold is reached. Configuration is done through a single settings file. You set your wallet credentials, the RPC connection address, how much to spend per trade, your slippage tolerance, and which filters to apply. The README includes a warning that even with all filters active, there is still a risk of losing money on bad tokens, and it recommends testing with small amounts first.