💡About Pump
Last updated
Last updated
Due to the contract mechanism of Pump, transactions and follow-up orders are carried out according to the number of tokens; Therefore, slippage may cause the actual consumption of SOL to be more/less than the filled purchase amount.
The transaction of Pump & Moonshot is to fix the amount of token bought and adjust the amount of SOL consumed, the actual SOL consumed is capped at: SOL filled in / (1-slippage), if 1 SOL is filled in and the slippage is 20%, the cap will be 1/(1-0.2)=1.25 SOL, if the slippage is 100%, it means that there is no upper limit, and it may consume all the SOL in the wallet
To ensure the safety of user's funds, we have limited the max slippage of Pump & Moonshot related transactions (including copy trading, limit order, fast buy / sell) to 50%, you can go to “Settings - General” to lift this restriction
If it is a pump dev, you can also follow his address to snipe. PumpDev's MINT and Buy are usually in the same transaction, and the time difference is not big. It is mainly because the price of Token fluctuates greatly in the early stage of sniping, the competition is fierce, and there may be tax factors, so the requirements for slippage and gas are relatively high.
