Liquidity Sniper
Last updated
Last updated
An LP Sniper is an automated trading bot designed to quickly detect when a new liquidity pool (LP) contract is deployed and execute trades almost instantly—often within seconds or even fractions of a second—before other traders can react. Here's how it works:
Constant Monitoring: The bot continuously listens for new contract deployments, scanning the blockchain for liquidity pool events.
Immediate Reaction: As soon as it detects a new LP contract, it executes trades at lightning speed (often "0 seconds" after deployment), effectively sniping the trade before the broader market becomes aware.
Front-Running Competitors: By acting faster than human traders or slower bots, the LP Sniper can potentially secure favorable entry points in newly launched tokens or projects.
Automation: The entire process is automated, ensuring rapid execution without manual intervention.
In summary, an LP Sniper is built to take advantage of early liquidity opportunities by quickly entering trades at the moment of contract deployment, aiming to capitalize on the initial price movements.
Create the Bot:
Navigate to the robot creation section in your dashboard.
Select the LP Sniper Bot and initiate the creation process.
Configure API Keys:
Load Your RPC Key: Connect to the blockchain by loading your personal RPC key.
Load Your BirdEye API Key: Enter your BirdEye API key to enable efficient market data retrieval.
Enter Contract Information:
Set the Contract Address (CA): Input the target contract address for the token or liquidity pool.
Provide Additional Details: Enter any other required information to help the bot accurately identify the new liquidity pool.
Adjust Trading Parameters:
Set Take Profit (TP): Configure your take profit level to lock in gains when the price reaches your target.
Set Stop Loss (SL): Configure your stop loss level to limit potential losses.
Finalize and Activate the Bot:
Review all your settings to ensure they match your trading strategy.
Save your configuration to activate the LP Sniper Bot, which will now continuously listen for new liquidity pool deployments and execute trades at the optimal moment.