đš Sandwich Bots Extracted $29.7M From Pump.fun Traders
Solana sandwich bots raked in $29.7 million in gross revenue over an 11-month period â and Pump.fun users bore the brunt of it.
Pump.fun's launch curve and PumpSwap together accounted for 96% of all detected sandwich attacks in the study's window, making the memecoin launchpad the single biggest hunting ground for MEV bots on Solana.
Sandwich attacks work by front-running a target trade, then immediately selling into the price impact â leaving the victim with a worse fill while the bot pockets the difference. Memecoin traders, who often chase fast-moving launches with large slippage tolerance, are prime targets.
When the meme is flying and slippage is wide open, the bots are already eating your lunch.
Solana sandwich bots raked in $29.7 million in gross revenue over an 11-month period â and Pump.fun users bore the brunt of it.
Pump.fun's launch curve and PumpSwap together accounted for 96% of all detected sandwich attacks in the study's window, making the memecoin launchpad the single biggest hunting ground for MEV bots on Solana.
Sandwich attacks work by front-running a target trade, then immediately selling into the price impact â leaving the victim with a worse fill while the bot pockets the difference. Memecoin traders, who often chase fast-moving launches with large slippage tolerance, are prime targets.
When the meme is flying and slippage is wide open, the bots are already eating your lunch.
