What Is Trojan? The Solana Trading Bot Explained
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Trojan is a non-custodial trading platform for Solana tokens, available as a web terminal and as a Telegram bot. It is built for fast on-chain trading, especially of new memecoins: market and limit orders, DCA, copy trading, wallet tracking, and perpetual futures powered by Hyperliquid. Trojan charges 1% per successful trade, according to its official documentation.
Not to be confused with a "trojan" virus: this guide is about the crypto trading tool at trojan.com.
What Trojan does
Trojan started as one of the most popular Telegram trading bots on Solana and has grown into a full web platform, Trojan Terminal. The main tools:
| Tool | What it does |
|---|---|
| Swaps | Buy and sell Solana tokens instantly at market price |
| Limit orders | Buy or sell automatically when a token hits your price |
| DCA | Split a buy or sell into smaller orders over time |
| Auto-sell | Set take-profit and stop-loss levels right when you buy |
| Copy trading | Automatically mirror the buys and sells of a chosen Solana wallet |
| Wallet tracker | Follow what specific wallets are buying and selling |
| Trenches and Explorer | Discover newly launched and trending tokens |
| Perpetuals | Trade leveraged long and short positions, powered by Hyperliquid |
| Alerts and X tracker | Get notified about price moves and posts from accounts you follow |
The appeal is speed and early access. Centralized exchanges list a token only after it has grown; Trojan lets you trade a token minutes after its liquidity pool opens. That is also where most of the risk sits.
How Trojan works
Wallets and custody
Trojan is non-custodial. Its documentation says it does not store or control users' funds or private keys. You sign up in one of three ways:
- Connect a Solana wallet such as Phantom.
- Use a passkey, and Trojan creates a trading wallet for you.
- Continue with Google.
You can also import an existing Solana wallet with its private key. Only do that with a wallet you use for trading, never with your main savings wallet.
Gas, priority fees and MEV protection
Every Solana transaction needs a little SOL for network fees, so keep some SOL in your wallet even if you mostly hold USDC. Trojan lets you add:
- a priority fee, which helps your trade land faster in busy moments;
- a bribe, used when MEV protection is on. MEV protection sends your transaction privately so bots cannot "sandwich" it (buy just before you and sell just after you at your expense).
The first time you buy a token, Solana charges a one-time token account deposit of about 0.002 SOL, which you get back after you sell the token.
Slippage
Memecoins move fast, so a buy can fail if the price changes before it executes. Trojan's docs suggest starting with a slippage setting around 10–15% and raising it only if trades keep failing. High slippage means you may pay much more than the quoted price.
Trojan fees explained
| Cost | Amount | Notes |
|---|---|---|
| Trojan trading fee | 1% per successful trade | From the official FAQ |
| Referral discount | Reported at about 10% of the fee | Widely reported by third-party guides; not stated in the official docs, so check the fee shown in your account |
| Cashback | 10% to 35% of fees by rank | Degen 10%, Warrior 15%, Gladiator 20%, Commander 25%, Titan 35%, paid in SOL |
| Solana network fee | Very small | Paid in SOL on every transaction |
| Priority fee and bribe | You choose | Optional, for speed and MEV protection |
| Token account deposit | About 0.002 SOL | One time per token, refunded after you sell |
Worked example
You buy $500 of a token and later sell the whole position for $600.
- Trading fee on the buy: 1% × $500 = $5
- Trading fee on the sell: 1% × $600 = $6
- Total Trojan fees: $11, before cashback, network fees and any priority fee or bribe.
At Degen rank (10% cashback), about $1.10 comes back in SOL. Compare this with a centralized exchange, where spot fees are often around 0.1%: Trojan is roughly ten times more expensive per trade. People pay it for speed and access to tokens that are not listed anywhere else.
Trojan Perpetuals and Hyperliquid
Trojan Terminal has a Perps page that its documentation describes as powered by Hyperliquid. You move USDC into a perp wallet, pick a market, choose long or short, set leverage, choose cross or isolated margin, and can add take-profit and stop-loss orders.
Because the orders run on Hyperliquid, the market data you see on Whale Radar is the same market you would be trading:
- Are Hyperliquid whales long or short? shows how large wallets are positioned on each coin.
- Coin pages like BTC, ETH and SOL show price, funding, open interest and recent liquidations.
- Liquidations today shows which side is being forced out.
Before using leverage, read What is liquidation? and What is a funding rate?. Funding on Hyperliquid is paid every hour, and high leverage puts your liquidation price close to your entry.
How to get started with Trojan
- Open Trojan through the official website or our referral link.
- Choose a login method: Solana wallet, passkey or Google.
- If you connect a wallet for the first time, claim a username. Trojan uses it as your own referral link.
- Fund your trading wallet with SOL (and USDC if you plan to trade perps).
- Set your default slippage, priority fee and MEV protection in settings.
- Start with a small test trade to see the full cost before trading size.
The full sign-up walkthrough and the fee discount are covered in How to use a Trojan referral code.
Copy trading on Trojan
Copy trading lets you mirror another Solana wallet automatically. You enter the target wallet, how much to buy (a fixed SOL amount or a percentage of the target's buy), and whether to copy their sells or use your own take-profit and stop-loss.
Trojan's own documentation warns about wallets that copy badly:
- Snipers that buy in the first seconds of a launch, because you will buy after them at a higher price;
- wallets that trade through custom programs, which cannot be copied;
- tokens in unsupported pools.
Copy trading on Trojan is for Solana wallets. Hyperliquid whale wallets shown on Whale Radar are perpetual futures accounts, so you cannot copy them with Trojan's copy-trading tool; use their positions as market context instead.
Risks and safety
- Most new memecoins go to zero. Speed tools do not change that. Only trade money you can afford to lose.
- Fake bots and fake sites are common. Use the links on trojan.com. Official channels listed in Trojan's docs include x.com/TrojanOnSolana, t.me/trojan and discord.gg/trojan.
- Never share a private key or seed phrase with anyone, including "support" accounts that message you first.
- Leverage on perps can wipe out your margin quickly.
- Smart contract and platform risk exist on any on-chain tool.
Trojan vs a centralized exchange
| Trojan | Centralized exchange | |
|---|---|---|
| Tokens available | Almost any Solana token, minutes after launch | Only listed tokens |
| Custody | Your wallet | The exchange |
| Spot trading fee | 1% | Often around 0.1% |
| Account | Wallet, passkey or Google | Email plus identity checks |
| Best for | Active memecoin and on-chain traders | Holding and trading major coins cheaply |
If you mostly buy BTC, ETH or SOL to hold, a centralized exchange is usually cheaper. Trojan makes sense for traders who need early access to new on-chain tokens and automation.
FAQ
Is Trojan a virus?
No. In this context Trojan is a crypto trading platform at trojan.com. The name is unrelated to "trojan horse" malware. Fake copies do exist, so always start from the official site.
Is Trojan safe to use?
It is non-custodial, so it does not hold your funds, but you still face platform risk, phishing and the high risk of the tokens themselves. Use a separate trading wallet and keep balances small.
How much does Trojan charge?
The official documentation says 1% per successful trade, with rank-based cashback in SOL. Network fees, priority fees and bribes are extra.
Can I trade perpetual futures on Trojan?
Yes. Trojan Terminal has a perpetuals page powered by Hyperliquid, with long and short positions, leverage, and cross or isolated margin.
Keep learning
- How to use a Trojan referral code
- What is Hyperliquid?
- What is liquidation?
- How to track Hyperliquid whales
Facts in this guide come from Trojan's official documentation (docs.trojan.com), checked on the update date above. Features and fees can change.