What Is Trojan? The Solana Telegram Trading Bot Explained

Trojan is one of the most widely used Solana trading bots, and if you have spent any time in memecoin Telegram groups you have almost certainly seen its name. It runs inside Telegram, with a newer web terminal alongside it, it buys and sells SPL tokens in a couple of taps, and it can snipe new launches faster than most people can open a wallet app. This is a plain-English explainer of what Trojan actually is, where it came from, what it does well, how its fees and custody work, and how it stacks up against other bots. No hype, and no takedown.

What Trojan is

Trojan is a Solana trading bot that you operate through a chat interface rather than a traditional exchange. At its core it belongs to the same family as every other Telegram trading bot: you message the bot, it generates a wallet for you, you fund that wallet, and from then on you can paste a token contract address (a "CA") and buy or sell it in seconds. There is no order form to fill out and no separate wallet extension to click through for each trade.

Trojan presents two ways to work. A Simple mode keeps the interface to the essentials for quick buys and sells, and an Advanced mode exposes the fuller toolkit: limit orders, dollar-cost averaging, snipers, and copy trading. It also runs a web terminal for people who prefer a browser layout over a Telegram thread. By most accounts Trojan is among the largest and most established Solana bots by volume and user count, which is worth stating plainly because scale brings real advantages in reliability and liquidity. The exact figures you will see quoted are marketing numbers, so treat them as directional rather than precise.

From Unibot on Solana to Trojan

Trojan did not start life with that name. It grew out of the Solana expansion of Unibot, a Telegram trading bot that first made its name on Ethereum. When the team brought that model to Solana, the product was initially known as Unibot on Solana before being rebranded to Trojan and run as its own standalone tool. You will still find older guides and forum posts that use the phrase "Trojan (formerly Unibot on Solana)," which is why the lineage is worth knowing.

The practical takeaway is that Trojan is not a brand-new experiment. It has been iterated on through several cycles of Solana memecoin activity, which shows in the breadth of its feature set and in how much of the tooling has been polished over time. If you value using something that has been stress-tested by a large, active user base during busy market conditions, that history counts in Trojan's favor. It does not, on its own, tell you whether Trojan is the right fit for how you trade, which is what the rest of this guide is for.

What Trojan does well

Credit where it is due: Trojan is a capable bot, and a few things stand out.

• Fast execution. Speed is the whole point of a bot, and Trojan is built around it. It exposes priority-fee and MEV-protection settings, and it markets a faster swap path aimed at reducing failed transactions when the network is congested.
• Sniping new launches. Trojan can buy a token the moment it becomes tradable, which is the feature memecoin traders care about most. If you are new to this, the mechanics and the risks are covered in how to snipe Pump.fun launches.
• Order types. Beyond instant market buys and sells, Advanced mode supports limit orders and dollar-cost averaging, so you can set entries and exits instead of watching a chart all day.
• Copy trading. Trojan can mirror the trades of wallets you choose to follow. This is powerful and risky in equal measure, so it is worth reading a copy trading guide before you point real money at someone else's strategy.
• Auto buy and auto sell, plus multiple wallets. You can toggle automatic execution and generate several wallets to separate strategies, with a cap that has commonly sat around ten wallets.

None of this is unique to Trojan, but the combination is mature and it works. For a trader who wants a full-featured, well-trodden bot, Trojan is a defensible default rather than a gamble.

Fees and the referral model

Trojan's headline trading fee is commonly cited at around 1% per trade, with a small discount (often quoted near 0.9%) if you join through a referral link. On top of that, Trojan runs a multi-level referral program that shares a meaningful slice of the fees paid by people you invite, which is part of why the bot spreads so effectively through Telegram groups.

The number to keep in perspective is not the 1% by itself but the all-in cost of a trade. On any Solana bot, what you actually pay is the bot fee, plus the priority fee you tip to get your transaction included quickly, plus slippage on a thin order book. During a hot launch those layers stack, and the priority fee and slippage can dwarf the bot's own cut. This is true of every trading bot, Trojan included, and it is the single biggest reason casual traders underestimate their real costs. When you compare bots, compare the whole stack, not just the advertised percentage. Treat any specific fee figure here as a general guide and confirm the current rate inside the bot, since these terms change.

The custody question

This is the part that deserves the most care, because it is where marketing language and technical reality do not always line up. When you start Trojan, it generates a wallet for you inside the bot and you fund it. Trojan lets you export that wallet's private key at any time, which is a genuine and important point in its favor: you are not locked in, and you can move your key into a wallet like Phantom and walk away whenever you want.

At the same time, Trojan is a hosted service. For the bot to buy, sell, and snipe on your behalf without you approving each transaction in a separate app, its infrastructure has to be able to sign transactions with that wallet's key. That places a bot like Trojan somewhere between pure self-custody, where you alone ever touch the key, and a centralized exchange, where you deposit into a pooled account you do not control. Reasonable people describe this middle ground differently, which is exactly why "is Trojan custodial or not?" gets debated. The honest framing is that you can retrieve your key, but while your funds sit in the trading wallet, you are trusting the operator's key handling and the security of your Telegram account. That trade-off is inherent to almost every Telegram bot, not a Trojan-specific flaw. If the distinction matters to you, read non-custodial vs custodial Solana bots, keep only trading-size funds in the bot, and secure the account with the steps in the Solana trading bot security checklist.

How a trader uses Trojan

In practice, a first session with Trojan looks like this:

• Open the bot and let it create a wallet. Trojan gives you a fresh Solana address. Back up the private key it offers, and store it somewhere safe and offline.
• Fund the wallet. Send over only what you intend to trade, not your long-term stack. A hot trading wallet should never hold savings.
• Paste a contract address to buy. Drop in the CA of the token you want, choose an amount, and confirm. Trojan quotes the swap and executes it.
• Manage the position. Set a limit order, a take-profit or stop-loss, or a DCA schedule instead of babysitting the chart. Turn on MEV protection and set a priority fee that matches how urgent the fill is.
• Export and leave if you ever want to. Because the key is exportable, switching bots or moving to a self-custody wallet is straightforward.

Trojan is not the only tool that does this, and it is healthy to know the landscape. For a Trojan-specific comparison, see Trojan bot alternatives, and for the wider field, the best Solana trading bot alternatives for 2026. The right bot depends on what you weigh most: raw scale, fee structure, chain coverage, or how keys are handled.

How MoonHydra fits

MoonHydra is one such alternative, and it is worth being clear about where it sits rather than claiming it wins on everything. Trojan is larger and more established, and if scale and a long track record are what you want, that is a real reason to stay with it. What MoonHydra offers is a different set of trade-offs.

MoonHydra is a non-custodial Solana Telegram bot: your wallet key is encrypted with AES-256-GCM, trades route through Jupiter, and there are no custom smart contracts of MoonHydra's own sitting between you and the swap. The pricing is a flat 1% per trade on both buys and sells, with no subscription and no fee tiers to climb. Feature-wise it covers the same ground most active traders need: buy and sell by contract address, limit orders, take-profit and stop-loss, copy trading, DCA, and wallet tracking. Instead of a hard wallet cap, it uses "Hydra Head" sub-wallets for compartmentalizing strategies, a referral program that pays 30% and 10% across two tiers, and an optional RugCheck screen that is off by default so you stay in control of your own filters. It is a fair alternative to weigh against Trojan, not a guaranteed upgrade for everyone.

Bottom line

Trojan is a mature, full-featured Solana Telegram bot with a real history behind it, strong execution, a complete set of order types, and a generous referral program. Its two things to understand before you commit are the all-in cost of a trade, which is always more than the headline 1%, and the custody model, which lets you export your key but still asks you to trust a hosted service while your funds sit in the trading wallet. Neither is a dealbreaker on its own; both are things a careful trader should know going in. Judge Trojan on how it fits your priorities, and compare it fairly against the field before you decide.

Next: read what a Telegram trading bot is, weigh the non-custodial vs custodial trade-off, and if you want to try a flat-fee, non-custodial option yourself, start the bot at t.me/moonhydrabot.