Quick picks (based on published facts)
What kind of product is each?
GMGN: token analytics terminal with web app and Telegram bot (supports limit orders). Photon: web trading terminal for fast token trading (supports limit orders).Which is cheaper?
Published base fees: GMGN 1% service fee per transaction, plus gas, priority and token-platform fees; Photon flat 1% of the initial amount on every buy and every sell, collected in SOL; network and priority fees extra. Add network, priority and pool fees and price impact for a fair comparison.
Independent guide, not affiliated with GMGN. Affiliate link: we may earn a share of fees.
Which chains and devices?
GMGN: Solana, Ethereum, Base, Tron (per GMGN docs); web (gmgn.ai) and Telegram bot. Photon: Solana (Photon also documents an ETH version); web.
Which referral codes give a discount?
GMGN: no published discount for referred users Photon: no published discount GMGN referral code · Photon referral code
Who should pick which?
Choose based on device, need for limit orders and analytics, and how much hand-holding you want. Test both with a small amount.
How to stay safe on any of them
Use only official apps and domains, enable 2FA on the login you use, test a small withdrawal early, verify token contract addresses, and never share login codes or private keys. Treat DMs offering bots or bigger discounts as scams.
Sources
Updated 2026-10-12 · How we test
Independent guide, not affiliated with GMGN. Affiliate link: we may earn a share of fees.
Frequently asked questions
Which is cheaper?
Published base fees: GMGN 1% service fee per transaction, plus gas, priority and token-platform fees; Photon flat 1% of the initial amount on every buy and every sell, collected in SOL; network and priority fees extra. Add network, priority and pool fees and price impact for a fair comparison.