How to start in 4 steps
Open our link axiom.trade/@degenapp before you sign up
Sign up with email, Google or Phantom and store the recovery phrase offline
Signing up through the link is what gives the 10% fee discount
Deposit SOL to your Axiom wallet (or buy SOL in Axiom via Coinbase), then make a small first trade and check the fee line
Independent guide, not affiliated with Axiom. Affiliate link: we may earn a share of fees.
Real incidents
- Maestro (2023): 24 Oct 2023: router contract exploit, about 280 ETH of tokens taken; Maestro says it refunded all affected users, at a cost of 610 ETH. Cointelegraph Revoke.cash
- Banana Gun (2024): 19 Sep 2024: a Telegram message-oracle vulnerability let attackers drain about $3M from 11 users; Banana Gun said it refunded them from its treasury and added a 2-hour transfer delay and 2FA. The Block Cointelegraph
- BullX (2026): BullX is not listed: its app has shown 'trading on this version of the app has been disabled' since 1 June 2026, with withdrawals still available. BullX app banner Phemex News
How to protect yourself
- Use a separate wallet with only your trading budget.
- Withdraw profits regularly; don't store funds in a bot.
- Enable 2FA and transfer delays where offered.
- Only use links from the official docs; fake bots copy names. See our fake-site safety guide.
- Revoke old approvals on EVM chains.
Guides
- Best sniper bots
- Solana sniper bots
- Ethereum and Base sniper bots
- How sniping works
- Are sniper bots safe?
- Sniper bot fees
- Token safety checker
Free tools
Frequently asked questions
Are sniper bots legal?
It depends on where you live and how the bot is used; we cannot give legal advice. Using a bot to trade your own funds is common, but market manipulation (e.g. wash trading) is banned in many places, including the EU under MiCA.
Are sniper bots profitable?
No bot can promise profit. Most newly launched tokens lose value, and fees, priority tips and failed trades add up.
Can a sniper bot steal my funds?
Bots hold keys or approvals. Maestro (2023) and Banana Gun (2024) both had incidents in which user funds were taken; both said they refunded users.
Signed up on Axiom but haven't traded yet?
The 10% referral discount applies to trades, so nothing happens until the wallet is funded. Deposit SOL to the address Axiom shows, or use Deposit → Buy to buy SOL through Axiom's Coinbase integration (Axiom's docs say up to $500 without KYC). Then make one small market buy and check the fee line before sizing up.
Independent guide, not affiliated with Axiom. Affiliate link: we may earn a share of fees.