Trading Wallet Configuration
Last updated
Last updated
Each trading wallet can have its default configuration for every chain. Trading wallet configuration is applied to each new trade but you still can override trade configuration if you need to.
In order to configure your trading wallet you can go to the Wallets page and click config button, then select the chain you would like to configure.
Maximum Gas Price: relevant when Anti Rug feature enabled. It sets the maximum gas price fee (in GWEI) which you are ready to pay in order to front run rug transaction.
Auto Approve: if enabled then each new token you buy will be automatically approved for sell (in the case if it has not been approved in the past).
Anti Rug: when enabled it helps to prevent the user's wallet from being affected by a potential liquidity pull or personal blacklist by the token deployer. In the case when malicious transaction is found - trading bot will try to sell all the tokens automatically with higher gas than it is set in rug transaction. In the case when rug transaction has a very high gas - anti rug transaction may fail.
Fail Guard: when enabled it prevents transactions that are certain to fail from being sent to the blockchain, saving on gas. However, it adds a slight delay (~40-60ms) to transactions.
MEV Guard: when enabled it protects against sandwich attacks by making transactions private and invisible in the mempool.
Take Profit: when enabled you can set a percentage for automatic selling once a token reaches a particular profit percentage.
Stop Loss: when enabled you can set a percentage for automatic selling once a token drops to the particular loss percentage. You need to set a negative number (for example -40).
Take Profit / Stop Loss sell amount: amount of the tokens % to sell when your TP or SL is triggered.
Trailing Stop: when enabled adjusts the stop loss as the token price reaches new highs, ensuring stop loss is moved up during a token's upward movement.
Slippage: accounts for the acceptable price movement during the buy and token taxes.
For example if your slippage is set to 3% and price of the token changes on 5% before your buy transaction is confirmed - then your transaction will be failed.
If token buy/sell tax is higher than your buy/sell slippage - your transaction will be failed.
If you set high slippage and do not use MEV Guard - there is a high chance your transaction will be sandwiched and you get less tokens or ETH.
Gas Delta: responsible for faster transaction processing, especially during high trading activity. For example if current gas fee is 20 gwei, then with gas delta 5 your transaction will consume 25 gwei. We recommend to use minimum 3 gas delta for buy/sell.
