* fix(trading): price tp/sl exits off the trigger price and retry a reverted sell `_monitor_position_until_exit` handed `position.entry_price` to the sell while the `current_price` that had just triggered the exit sat in the same scope, one line up. `PlatformAwareSeller.execute` does not read a price - the `token_price` it receives *is* the slippage floor - so a stop-loss priced off the entry demands more quote asset than the curve can pay and reverts with 6003 `TooLittleSolReceived`, during the very drop the stop-loss exists to escape. On a take-profit the same mistake runs the other way and the floor protects nothing. `current_price` costs no extra RPC call; `_handle_time_based_exit` has nothing fresher and keeps passing the buy price. The `break` also sat outside both branches of `if sell_result.success:`, so the loop exited whether the sell landed or not - contradicting the "Keep monitoring in case sell can be retried" comment directly above it. The seller's `max_retries` covers transaction submission only, so an on-chain revert was never retried and the position was abandoned mid-crash with `is_active=True`. A failed exit sell now retries on the next price check, re-reading the price so the floor tracks the market, bounded by `trade.max_exit_sell_attempts` (default 3, validated to 1..100) so a permanently reverting token cannot pin the bot on one position. The counter resets if the price recovers out of the exit band, and giving up is logged loudly since the tokens are still held. Fixes #189 Co-Authored-By: Claude Opus 5 (1M context) <noreply@anthropic.com> * test(learning-examples): machine-check the tp/sl exit price and retry path Drives the real `_monitor_position_until_exit` with a stub curve manager serving a scripted price series and a stub seller that records the price it is handed. Offline, no network and no funds moved, per the `verify_*` convention. Eight checks: both exit kinds sell at the triggering price, the entry-price floor is arithmetically unpayable on a drop while the trigger-price floor is payable, a reverted sell is retried and a landing retry closes the position, retries stay bounded, a price recovery resets the counter, a successful sell still closes on the first attempt, and the cap comes from `trade.max_exit_sell_attempts` wired through bot_runner and config_loader. Mutation-tested rather than trusted on a green run - reintroducing the stale entry price drops it to 4/8, giving up after one failure to 4/8, and ignoring the config knob to 7/8. Co-Authored-By: Claude Opus 5 (1M context) <noreply@anthropic.com> * docs: document the tp/sl exit path and its verifier The caller owns the sell's slippage floor, which is not obvious from `PlatformAwareSeller.execute` - it never reads a price, it just turns `token_price` into `min_quote_output`. Records that, why an exit must price off the triggering price, and that the seller's `max_retries` covers submission only so an on-chain revert has to be retried in the monitor loop. Co-Authored-By: Claude Opus 5 (1M context) <noreply@anthropic.com> --------- Co-authored-by: Claude Opus 5 (1M context) <noreply@anthropic.com>
23 KiB
Agent guide
Solana trading bot for pump.fun and letsbonk.fun. Snipes newly created tokens and exits on a configured strategy. See README.md for setup and configuration; this file covers what an agent needs that the code doesn't make obvious.
AGENTS.md is a symlink to this file, so Claude Code, Codex, Cursor, and Windsurf all read the same guide.
Ground rules
- Never run a bot with real funds to test a change. Use
learning-examples/, or the simulation scripts below, which move no funds. - Never touch
.envor print its contents.SOLANA_PRIVATE_KEYis a live key. - Don't commit anything from
logs/. - Test with a learning example before touching
src/.
Layout
src/ bot source — this dir is the import root (see below)
learning-examples/ standalone scripts; each runs on its own, no bot config
bots/ one YAML per bot instance
idl/ vendored Anchor IDLs
logs/ {bot_name}_{timestamp}.log
Imports are rooted at src/, not at the repo. uv pip install -e . puts
src/ itself on sys.path, so it is from core.client import SolanaClient and
from utils.logger import get_logger — not from src.core.... Learning
examples are deliberately self-contained: they import siblings like pump_v2
and tx_status as top-level modules and mostly don't import from src at all.
Don't "fix" an example by rewiring it to import the bot.
Dependency layers, low to high — don't introduce an upward import:
interfaces → utils → core → platforms → monitoring → trading → bot_runner
interfaces is the leaf — it imports nothing internal, and utils/idl_manager.py
imports interfaces.core. geyser holds only generated stubs and likewise
imports nothing internal; cleanup sits on core/utils and is pulled in by
trading.
Platform differences are resolved through interfaces/core.py abstractions
(AddressProvider, curve manager, event parser, instruction builder) and a
registry in platforms/__init__.py. Listeners and the trader are
platform-agnostic (Universal*); anything platform-shaped belongs under
platforms/<name>/.
Naming inside learning-examples/
- Directories are kebab-case (
bonding-curve-progress,listen-new-tokens,copy-trading). A single-token product name stays one word (pumpswap). - Files are snake_case, verb first —
fetch_price.py,decode_from_*.py,extract_blocksubscribe_transactions.py,verify_*.py,simulate_*.py. Exceptions are the shared helper modulespump_v2.pyandtx_status.py, which are libraries rather than runnable scripts. - RPC and service names are lowercased into one token, never camelCase:
blocksubscribe,logsubscribe,programsubscribe,getaccountinfo,gettransaction,pumpportal. Sodecode_from_gettransaction.py, notdecode_from_getTransaction.py. - Fixtures are
raw_<what>_from_<method>.jsonnext to the script that reads them, under the same rules. simulate_*andverify_*never move funds — that half of the naming is load-bearing and machine-checked. The inverse is not true:live_*is not the only prefix that spends.manual_*(including thepumpswap/andletsbonk-buy-sell/ones),mint_and_buy*andcleanup_accounts.pyall submit real transactions. Read the module docstring before running anything that is notsimulate_*orverify_*.
Commands
uv sync # install runtime deps + the dev group (ruff)
uv pip install -e . # editable install (required for the imports above)
pump_bot # run all enabled bots
uv run src/bot_runner.py # same, without the console script
Lint and format the files you touched, not the whole tree:
uv run ruff check --fix <paths> && uv run ruff format <paths>
A bare uv run ruff check reports ~1700 pre-existing errors across the repo.
That is the known baseline, not something your change caused — don't try to fix
it wholesale, and don't read it as a failing build. Just don't add new ones in
the files you edit.
Ruff config lives in pyproject.toml: line length 88, double quotes, target
py311, E501 ignored. Selected rule families include ANN (type annotations),
S (security), BLE/TRY (exceptions), C90/PL (complexity), ERA (no
commented-out code). Type-hint public functions, Google-style docstrings, and
get_logger(__name__) for logging.
Python 3.11+ (requires-python = ">=3.11", matching ruff's target). Runtime
deps are declared in [project.dependencies]; ruff and grpcio-tools live in
[dependency-groups] dev, which uv sync installs by default. grpcio-tools
is protoc — needed only to regenerate the geyser_pb2 stubs in
src/geyser/generated/ from src/geyser/proto/, never at runtime. That is the
only copy: the geyser examples reach it by putting the repo root on
sys.path and importing src.geyser.generated. Don't add a second copy under
learning-examples/ — the last one drifted out of sync with the protos.
Verifying pump.fun v2 trade instructions
# Offline: cross-check buy_v2/sell_v2 account layouts, PDA/ATA derivations,
# instruction encoding and quote-asset config against idl/pump_fun_idl.json
uv run learning-examples/verify_v2_account_layout.py
# Mainnet, no funds moved: simulate buy_v2/sell_v2 for one coin, report CU
uv run learning-examples/simulate_v2_trades.py <MINT>
# Mainnet, no funds moved: run the bot's whole buy path against a fresh coin
uv run learning-examples/simulate_bot_buy_path.py
uv run learning-examples/simulate_bot_buy_path.py --no-extreme-fast
Run all three after any pump.fun program upgrade. The simulations report
unitsConsumed; use it to retune get_buy_compute_unit_limit /
get_sell_compute_unit_limit in platforms/pumpfun/instruction_builder.py.
Verifying the listener-to-buy path (issue #170)
# Offline: bonding curve derived from the mint (payload bondingCurveKey not
# trusted), unreadable curve skips the buy instead of submitting with guessed
# accounts, curve+mint read in one slot-consistent batch
uv run learning-examples/verify_pumpportal_buy_path.py
# Offline: extreme_fast_mode stays at ZERO RPC calls between detection and
# submission for CreateEvent-sourced tokens; pumpportal still refreshes
uv run learning-examples/verify_extreme_fast_zero_rpc.py
Fast listeners (pumpportal especially, but geyser too) can announce a token
seconds before every node behind a load-balanced RPC endpoint can read its
accounts — two back-to-back reads on the same endpoint may be served from
nodes at different slots. trade.curve_refresh_budget (seconds, default 2.0)
bounds the pre-buy curve read in extreme_fast_mode; when it expires the token
is skipped, because a buy built from listener-guessed defaults reverts on-chain
with NotAuthorized (6000), ConstraintSeeds (2006) or, on letsbonk,
AccountNotInitialized (3012). The sell path deliberately keeps the opposite
fallback — proceed with cached values — since skipping a sell strands the
position.
The refresh is skipped entirely — extreme_fast_mode's zero-RPC contract —
when TokenInfo.state_from_event is set, i.e. the listener parsed the
CreateEvent (geyser/logs/blocks), which carries the canonical creator,
mayhem/cashback flags and quote_mint. Instruction args.creator is
user-supplied and post-2026-04-28 may differ from the canonical BC.creator
(PFEE PDA delegation), so instruction-parsed TokenInfo deliberately does
not set the flag; the geyser parser prefers meta.log_messages over
instruction decoding for exactly this reason. trade.trust_create_event: false is the escape hatch back to always-refresh. PumpPortal payloads carry
none of these fields and always refresh. Related pitfall (fixed in #184): the
IDL instruction decoder used to reject create_v2 transactions that omit the
trailing is_cashback_enabled OptionBool (a legal wire form), silently
dropping those coins from the instruction path. It now reports omitted
trailing option-typed args as unset — verify_create_v2_optional_args.py
machine-checks that, and that mandatory args still fail the decode. The
log/event path stays preferred for the canonical-creator reason above.
Verifying transaction-status handling
# Offline: stub checks plus a scan that every example verifies meta.err
uv run learning-examples/verify_tx_status_checks.py
# Adds a mainnet replay of the reverted signatures from issue #175
uv run learning-examples/verify_tx_status_checks.py --live
confirm_transaction answers "did this land in a block?", never "did it
succeed". A landed transaction can have reverted, and RPC reports that only in
meta.err. Reporting success without reading it is issue #175: buys reverting
with BuybackFeeRecipientMissing (6062) printed as confirmed buys.
- Examples use
learning-examples/tx_status.py—confirm_and_assertin place of a bareconfirm_transaction, orassert_transaction_succeededafter one. The verifier above fails the build if a new example skips it. - The bot uses
SolanaClient.confirm_transaction, which foldsmeta.errinto its return value. Read the boolean — discarding it is the same bug. _get_transaction_resultmust sendmaxSupportedTransactionVersion: 0or the RPC rejects every versioned (v0) transaction with-32015, and a good trade reads back as unconfirmed.build_and_send_transactionreturns a soldersSignature, not astr. ASignatureis not JSON serializable and does not support slicing; astris rejected by solana-py'sconfirm_transaction. Normalize at the boundary.post_rpcmust catchasyncio.TimeoutErroralongsideaiohttp.ClientError. aiohttp raises the former when the request timeout fires and it is not aClientError, so leaving it out lets every RPC timeout escape unretried — andstr()on it is empty, so the caller logs a blank reason. A slowgetAccountInfois enough to take down a whole listener run this way.
Verifying the tp/sl exit path (issue #189)
# Offline: the exit sell prices off the price that triggered it, a reverted
# exit sell is retried, and the retry is bounded
uv run learning-examples/verify_tp_sl_exit_price.py
PlatformAwareSeller.execute does not read a price — the token_price it is
handed is the slippage floor (min_quote_output = amount * price * (1 - slippage)). So the caller owns the floor's correctness. A tp/sl exit fires
precisely because price left entry_price, so pricing the sell off the entry
sets a floor the pool cannot pay on a stop-loss and the sell reverts with 6003
TooLittleSolReceived — during the drop the stop-loss exists to escape. On a
take-profit the same mistake runs the other way and the floor protects nothing.
_monitor_position_until_exit already fetches current_price at the top of
each iteration, so passing it costs no extra RPC call; _handle_time_based_exit
genuinely has nothing fresher and keeps passing the buy price.
The seller's max_retries covers transaction submission only. An on-chain
revert comes back as success=False and is not retried there, so the retry has
to happen in the monitor loop, where the price is re-read first.
trade.max_exit_sell_attempts (default 3, validated to 1..100) bounds it so a
token that keeps reverting cannot pin the bot on one position, and the counter
resets if the price recovers out of the exit band. After the last attempt the
position is left open and unmonitored — logged loudly, since the tokens are
still held. Watch the break: before #189 it sat outside both branches of
if sell_result.success:, so a failed sell abandoned the position after a
single try while leaving is_active=True.
Listener and decoder pitfalls
Each of these was a live bug in learning-examples/, all of them invisible
offline and only visible after a couple of minutes against mainnet.
- A
while True: recv()loop must break out onwebsockets.ConnectionClosed. Catching it in a broadexcept Exceptionthat only logs makes the nextrecv()raise immediately, forever:listen-new-tokens/compare_listeners.pyproduced 13,090,862 error lines / 888 MB in 150 s and never reached its own 30-second report. The outer reconnect handler with itssleepis unreachable in that shape. A narrowexcept TimeoutErrororexcept json.JSONDecodeErroris fine to swallow — those are per-message, not per-connection. - Resolve v0 lookup-table accounts before indexing them. An instruction's
account indices can point past
message.account_keysinto the address lookup table, which geyser reports inmeta.loaded_writable_addressesthenloaded_readonly_addresses(that order). Ignoring them crashed the geyser example withIndexErrorafter ~11 coins in 150 s; resolving them removed the crash and brought its detection count level with the WebSocket listeners (35 coins each over the same window). - Identify an instruction by its 8-byte discriminator, never by account count.
Several pump.fun instructions share a count, so counting mislabels them and
then prints every account under the wrong name — a real 19-account
create_v2was reported asclaim_cashback. Notebuy_exact_sol_inis also 18 accounts on chain, same as legacybuy. - Walk
meta.innerInstructions, not justmessage.instructions. Most trades reach the program as a CPI from a router or aggregator: in 40 consecutive pump.fun transactions there was 1 top-level pump instruction against 8 inner ones. Anchor's event-CPI prefix (e445a52e51cb9a1d) accounts for a good share of the inner instructions; the event's own discriminator follows it. getProgramAccountsover the whole pump program is rejected by current providers: "Too many accounts requested (10000001 pubkeys) … use getProgramAccountsV2 with pagination". It still works against pump-amm, which is small enough. Don't take that error message as a fix:getProgramAccountsV2is a provider extension (Helius, Solana Tracker), not core Agave, and itslimitis a scan budget rather than a result count — a page can legally return zero accounts and a non-nullpaginationKey, so one filtered answer over the pump program costs ~1000 sequential pages. Reach for a filtered subscription instead; see the twoget_graduating_tokens*.pyexamples.- Filtered
programSubscribeon the pump program is the portable way to find curves by state.dataSize+memcmpare applied server-side, and it is accepted even by the publicapi.mainnet-beta.solana.com.memcmponly matches exact bytes, so it cannot express "reserves below X" — only a handful of fixed cutoffs. Treat it as a bandwidth saver and do the real comparison client-side; don't assume a threshold is being enforced upstream. Geyser's account filters have the same shape and add the slot and signature. - Resolve a curve's mint under Token-2022, not SPL Token. The curve account
has no mint field and
["bonding-curve", mint]is not reversible, so the mint comes from the associated bonding curve ATA — which is Token-2022 for everycreate_v2coin.get_token_accounts_by_ownerwith the SPL Token program returns an empty list for all of them, silently. Verified four for four on live curves, each confirmed by re-deriving the curve PDA from the recovered mint. SetLoadedAccountsDataSizeLimitmust stay generous: 16 MB, not 512 KB. Verified by simulation on a Token-2022 mint with extensions — 512 KB and 4 MB both failMaxLoadedAccountsDataSizeExceededwithunitsConsumed=0(never executed), while 16 MB reaches the buy instruction and is still 4x under the 64 MB default. solders has no builder for it; encodestruct.pack("<BI", 4, n)against the compute-budget program.
Pump.fun protocol notes (gotchas)
The IDLs under idl/ are vendored verbatim from github.com/pump-fun/pump-public-docs
(idl/pump.json → pump_fun_idl.json, pump_amm.json → pump_swap_idl.json,
pump_fees.json). Refresh them from upstream rather than hand-editing.
Quote assets and the v2 trade instructions (current path)
- pump.fun supports quote assets other than SOL.
BondingCurve.quote_mintisPubkey::default()(all zeros) for SOL-paired coins; USDC (EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v) is whitelisted inGlobal. Legacybuy/sellcannot trade non-SOL-paired coins at all. - The bot uses
buy_v2(27 accounts) andsell_v2(26 accounts). Every account is mandatory and the order is identical for every coin — SOL or USDC paired, mayhem or not, cashback or not.sell_v2isbuy_v2minusglobal_volume_accumulator. Layouts live in_BUY_V2_ACCOUNTS/_SELL_V2_ACCOUNTSinplatforms/pumpfun/instruction_builder.pyand are machine-checked against the IDL bylearning-examples/verify_v2_account_layout.py. - v2 args carry no
track_volumeOptionBool (24-byte data: discriminator + two u64). Volume tracking is unconditional now thatuser_volume_accumulatoris mandatory.max_sol_cost/min_sol_outputare in the quote mint's raw units — lamports for SOL, 1e-6 for USDC. - Even for SOL-paired coins you must pass wrapped SOL as
quote_mint, notPubkey::default(). Transfers still happen in native SOL, and theassociated_quote_*accounts are only seed-constrained — do not create the user's WSOL ATA, it would burn ~0.002 SOL of rent for nothing. - Fee recipients: 24 total, in three sets of 8 (
NORMAL_FEE_RECIPIENTS,RESERVED_FEE_RECIPIENTSfor mayhem coins,BUYBACK_FEE_RECIPIENTS). Every v2 buy/sell needs afee_recipientand abuyback_fee_recipient. The set is randomized per tx, per pump.fun's guidance on spreading program throughput. sharing_config(PDA["sharing-config", base_mint]) lives under the pump fees program, not the pump program. Easy to derive against the wrong program.
BondingCurve account layout
- The account is 151 bytes: 8-byte discriminator, then
virtual_token_reserves, virtual_quote_reserves, real_token_reserves, real_quote_reserves, token_total_supply(u64 each),complete(1B, offset 48),creator(32B, offset 49),is_mayhem_mode(offset 81),is_cashback_coin(offset 82),quote_mint(32B, offset 83), then 36 reserved zero bytes. The documented struct is 115 bytes; the extra 36 are padding. - The SOL-named fields were renamed:
virtual_sol_reserves→virtual_quote_reserves,real_sol_reserves→real_quote_reserves. The curve manager still exposes the old names as aliases, so pre-existing callers keep working for SOL-paired coins — but anything doing arithmetic must scale by the quote mint's decimals (quote_units_per_token), not a hardcoded 1e9. - PumpSwap
Poolgained a trailingvirtual_quote_reserves: i128(16 bytes, offset 245). Pool fields end at 261; live accounts are 301 bytes with trailing padding. Quote against effective reserves:pool_quote_token_account.amount + virtual_quote_reserves. Upstream's release note claims it is 0 on all pools — that is out of date. Verified on mainnet: pool6Bv1JM1deBPe…carries 17.584505433 SOL of virtual reserves against a 148.455 SOL vault, so quoting off the raw vault balance under-prices by ~10.6%. It isi128, notu64— reading 8 bytes happens to work only while the high half is zero. - pump-amm has no
buy_v2/sell_v2. The AMM instruction names are unchanged; only the pool layout and quoting moved.
Coin creation
- The IDL instruction is
create_v2(snake_case). Args:name (str), symbol (str), uri (str), creator (pubkey), is_mayhem_mode (bool), is_cashback_enabled (OptionBool 1B).OptionBoolis a struct wrapping a single bool — serialized as 1 byte, not 2. is_cashback_enabledcan be absent from the wire entirely. Two mainnetcreate_v2instructions carry0001and00aftercreator: one sends both trailing args, the other omits the last. A decoder that reads a fixed number of trailing bytes raisesIndexErroron roughly half of all coins. Decode trailing args defensively and report a missing one as unset —utils/idl_parser.pydoes this for trailing option-typed args since #184 (uv run learning-examples/verify_create_v2_optional_args.pychecks it).create_v2accounts 1-16 are in the IDL; accounts 17-19 are optional remaining accounts (quote_mint,associated_quote_bonding_curve,quote_token_program). All three or none. This is the only way to read a new coin's quote asset from the instruction rather than the event. In practice they are appended for SOL-paired coins too, carrying wrapped SOL — a live SOL-pairedcreate_v2was observed with 19 accounts and account 17 = WSOL — so do not treat a 19-accountcreate_v2as proof of a non-SOL quote asset. Readquote_mintoff the curve instead.- The associated bonding curve is an ordinary ATA, so its address depends on
which token program owns the mint: Token2022 for
create_v2coins, SPL Token for legacycreate. Deriving with the wrong program returns a valid-looking address that does not exist on chain. Verified: curve3jJ83ND…derives toCd4iC3Jn…under Token2022 (matches chain) andAhNzZsBp…under SPL Token. extreme_fast_modeskips the curve-state price fetch. Whether it also reads the curve for mayhem/cashback/creator/quote_mint depends on provenance (see "Verifying the listener-to-buy path" above): CreateEvent-sourced tokens (state_from_event) trade on the event data with zero RPC calls, while pumpportal/incomplete-event tokens refresh from chain — the wrong quote mint means spending the wrong balance entirely. Event parsers populatequote_mintfromCreateEvent(which gainedquote_mintandvirtual_quote_reservesas trailing fields).
Legacy instructions (fallback only)
Retained behind PumpFunInstructionBuilder(..., use_legacy_instructions=True).
The IDL under-reports these: buy is 18 accounts on-chain (IDL lists 16) and
sell is 16 non-cashback / 17 cashback (IDL lists 14). The extras are
bonding-curve-v2 (PDA ["bonding-curve-v2", mint]) followed by a buyback fee
recipient (mutable); the cashback sell path also inserts
user_volume_accumulator before bonding-curve-v2. On the PumpSwap side the
legacy path needs pool-v2 (PDA ["pool-v2", base_mint] under pump-amm) —
without it pump-amm throws AnchorError 6023 (Overflow) after the transfers
complete, a misleading code for a missing account. Prefer v2 — it is the
interface pump.fun maintains.
Config notes
- Bot YAML supports
${VAR}interpolation from the file named byenv_file. Actual variable names areSOLANA_NODE_RPC_ENDPOINT,SOLANA_NODE_WSS_ENDPOINT,SOLANA_PRIVATE_KEY,GEYSER_*. config_loader.pyvalidates the platform/listener pairing before startup: pump.fun supportslogs,blocks,geyser,pumpportal; letsbonk.fun supportsblocks,geyser,pumpportal— notlogs. Adding a listener means updatingPLATFORM_LISTENER_COMPATIBILITYthere too.- Bots with
separate_process: truerun in their own process. One log file per bot instance.