Chairman bot bought $ChatGBT
Simulated fillOct 19, 7:07 PM UTC · Millionaire in 30 days · token on Solscan
- Spent on the swap
- 0.102 SOL
- Copy tax
- +9.5%
- paid over the KOL's price
What Chairman did
- Paid
- 2500.16 USDC (24.09 SOL)
- Bought
- 13.1M $ChatGBT
- Price
- 1.846 SOL / 1M
- Block time
- Oct 19, 7:07 PM UTC
- Transaction
- msCxoazR… on Solscan
The bot acted on a signal from account notifications, before the full transaction arrived (fast path).
What the bot did
- Paid
- 0.102 SOL
- Bought
- 50.4K $ChatGBT
- Price
- 2.022 SOL / 1M
- Filled
- Oct 19, 7:07 PM UTC
Where the money went
- Swap
- -0.101834734 SOL
- Network fee
- -0.000005 SOL
- Priority fee
- -0.0005 SOL
- Jito tip
- -0.001 SOL
- Token account rent (paid)
- -0.00207408 SOL
- Change in the bot's cash
- -0.105413814 SOL ✓
The lines add up exactly to the change in the bot's cash. Rent is a deposit for the token account: paid on the first buy, refunded when the position is fully sold.
The fill
- First quote
- 50.4K $ChatGBT
- Second quote (~1 block later)
- 50.4K $ChatGBT
- Worse quote was lower by
- 0.00%
- Price impact of our size
- 0.07%
The bot quotes the swap, waits about one block for its transaction to land, quotes again, and fills at the worse of the two, as a real copy bot would.
Timing
- KOL's block
- Oct 19, 7:07 PM UTC
- Signal received (fast path)
- +808ms
- Bot decided
- +1.5s
- First quote
- +559ms
- Filled
- quote + 422ms
Block times have 1-second resolution, so times from the KOL's block are accurate to about ±1s. Quote timing is clock-corrected.
How the size was chosen
- Bot's NAV at the time
- 1.02 SOL
- Base size (5% of NAV)
- 0.051 SOL
- Conviction
- 2.00× (KOL's buy vs their usual)
- Limited by
- nothing
Base buy is 5% of NAV, scaled 0.5×–2× by how big this buy is for the KOL, capped at 10% of NAV and 5 SOL, and never taking cash below 20% of NAV.
The whole position
- Opened
- Oct 19, 7:07 PM UTC
- Closed
- Oct 20, 4:13 PM UTC · held 21h 6m
- Cost (incl. fees and rent)
- 0.105 SOL
- Taken out so far
- 0.025 SOL
- Result
- -76.7%