The average Miner Extractable Value (MEV) bot can earn between $300,000 and $1 million per month.
Using ChatGPT can save you 1,000 hours of setup time. And it’s completely free.
The detailed MEV robot creation guide is as follows 🧵⬇️
What is MEV Robot?
MEV: Miner Extractable Value
MEV bots are automated programs that extract maximum value from DeFi by exploiting arbitrage opportunities, front-running, and order strategies.
Types of MEV robots
According to the purpose, MEV robots can be divided into several categories, such as:
- Arbitrage
- False start
- 追跑（back-running）
- Sandwich Attack
- On-chain sniping
- Flash Loans
- Liquidation
How do these robots work?
MEV robots scan pending blockchain transactions, identify profitable opportunities and trade them. Through strategies such as front-running or chasing, these robots can execute trades faster than others.
Current data
Take Moonshot as an example. According to Dune data, the final completion rate of Moonshot tokens is only 0.29%, even lower than the successful issuance rate on Pump.fun (1.41%).
This goes to show: finding 100x gems is difficult without the right tools.
Solution
Given the sheer volume of tokens on Moonshot and the fact that our minds are more suited to single tasks, MEV bots can be very helpful.
Functions that the robot should have:
- Easy to build and operate
- Fast and accurate
- Easy integration with Moonshot
Please note: This guide is not as simple as it looks. If you don't have an IT background, be prepared to spend time mastering each step.
Step 1: Build the Robot
I use ChatGPT to guide me from scratch. Here is how to start prompting:
“Create a trading bot to snipe tokens from the provided source code.”
ChatGPT even suggests other features that the bot should have.
Step 2: Set up the development environment
- Programming language: Rust or Python
Python and Web3.py are popular in Ethereum
- Node access: Access Ethereum/Solana nodes
You can use Infura/Alchemy, or run your own node
If you don’t have any coding experience, here are some tips:
- Python basics: https://python.org/about/gettingstarted/
- Use Anaconda to set up the environment: https://anaconda.com
Anaconda supports you from the testing environment to the mainnet integration.
Step 3: Strategy Development
Decide whether to focus on arbitrage, liquidations, sandwich attacks, front-running, or other MEV opportunities.
Each strategy requires different approaches and adjustments.
Assess past performance and risk using historical blockchain data.
Step 4: Simulate your MEV robot
- Use Hardhat or Ganache to create a fork of the mainnet
Today:https://hardhat.org
Ganache：http://archive.trufflesuite.com/ganache/
- Run simulations to check profitability, gas usage and trade success rates
- Optimized code to improve gas efficiency, logic and strategy
Solana development is different from other blockchains because of its highly composable on-chain applications. This means that you can build on any deployed application, usually without doing any custom on-chain application development.
Step 5: Deploy to the mainnet
- Final testing: Run tests on a testnet or a forked mainnet to make sure everything works
- Deploy: Start your MEV robot
- Monitoring: observe robot performance, check for failed trades, gas usage or profit changes
If you are building a MEV bot on Solana, here are the additional steps:
Step 6: Integrate the Robot Into Moonshot
Next, I hope to get the robot working on Moonshot data.
Back to ChatGPT, here are the suggested tips:
"Integrate this into Moonshot, website: https://dexscreener.com/moonshot"
+ For more API details about DEX Screener, please visit: https://docs.dexscreener.com/api/reference
Please note that to get accurate token data you must point to the correct Moonshot API.
+ Integrated forms: https://docs.google.com/spreadsheets/d/1Btv4a87CItKpyaB2vuQ_GJQynxZ0u9sYXecOew423GU/
Step 7: Set the conditions
Once we integrated it into Moonshot, the next step was to set up the sniping conditions.
At this stage, it is very important to know your goals.
Set up the conditional matrix:
- Token Age
- Initial liquidity
- Trading volume
- Average transaction volume per trade
Step 8: Check the root cause via Solscan
When the token list is out, now I have added the functionality to check the token holders using Solscan.
Contents that need to be covered:
- Main holder address
- quantity
- Investment Portfolio
Step 9: Check X account via @getmoni_io
Then I wanted to check the social accounts of the deployer.
I used Moni's rating to rank X accounts.
Step 10: Add buy and sell functionality
This is the key feature that influences my investment.
I need a robot that:
Buy or sell in specific quantities
Accurate price
Let the user enter criteria to trigger an event
That's how to create a sniper bot that runs on Moonshot. ChatGPT is a powerful tool that can help build something from scratch. If you need any further clarification, let GPT explain it in more detail.
in conclusion
By building a MEV bot with ChatGPT, you can earn $300,000 to $1,000,000 per month, absolutely for free. Not only does this process save you thousands of hours of setup time, it also provides you with a powerful tool that gives you an edge in the DeFi world.
With the above steps and tools, you can create an efficient MEV robot in a short period of time to take the lead in the DeFi market. This robot will help you discover and exploit various opportunities in blockchain transactions and achieve monthly income of 300,000 to 1 million US dollars. Take action now and take advantage of this opportunity to make a big splash in the DeFi world.
