An honest review of BonkBot, the Telegram trading bot that helped kick off Solana's meme-coin trading wave. Covers features, the 1% fee and BONK buyback mechanism, security history, and how it stacks up in 2026.
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Every Telegram trading bot asks you to trust it with a wallet's private key, and BonkBot is no exception. Its docs describe a non-custodial architecture with end-to-end encryption and passkey support for account access, but the underlying trust model is the same as any hot-wallet Telegram bot: if BonkBot's infrastructure or your Telegram account is compromised, funds sitting in that wallet are at risk.
The 2024 Solareum incident. In mid-2024, roughly $523K was drained from Solana wallets in an exploit initially — and incorrectly — blamed on BonkBot by some users on social media. BonkBot's own post-incident analysis, corroborated by outside reporting, found the actual cause was Solareum, a separate Telegram trading app that a subset of BonkBot users had also imported their private keys into. Of the 302 total victims, BonkBot identified 113 (under 0.1% of its user base at the time) as users who had exported their BonkBot keys into Solareum — the breach traced to Solareum's infrastructure, not BonkBot's. Solareum shut down shortly after.
The incident is a useful reminder rather than a mark against BonkBot specifically: never import a Telegram trading bot's exported private key into a second app, since you're then trusting two attack surfaces instead of one.
Best practices that apply to any Telegram bot, BonkBot included:
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import { MadeOnSol } from "madeonsol";
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events: ["kol:trade", "deployer:alert"],
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Open the KOL TrackerBonkBot markets itself as "the original, most popular trading bot on Solana," and the claim has some history behind it. It launched in August 2023 as a simple Jupiter wrapper for Telegram, built by developers with roots in the Solana community, and rode the BONK token's explosive late-2023 rally to become one of the first Telegram bots to make on-chain trading feel as easy as sending a text.
Since then, Trojan, BullX, Photon, and a dozen others have shipped competing bots. Does BonkBot still hold up in 2026? This review covers its features, fees, the BONK buyback mechanism that makes it different from every other bot, and its actual security track record — not just the marketing copy.
BonkBot is a Telegram-native trading bot for Solana. You interact with it entirely inside a Telegram chat: paste a token contract address or a link from Pump.fun, DEXScreener, Birdeye, or Meteora, and the bot generates a Solana wallet, executes the trade on-chain, and returns a confirmation — all without leaving Telegram.
Per BonkBot's own site, the bot has processed 69.3M trades and $10.1B in lifetime volume across 452K users as of mid-2026 (self-reported figures, not independently audited). Whatever the exact numbers, BonkBot is unambiguously one of the highest-volume Telegram trading bots Solana has produced.
It also has a distinction none of its major competitors share: it is the official Telegram trading partner of the BONK community, with a fee mechanism built directly around the BONK token (more on that below).
Notably absent from BonkBot's own feature list: dedicated copy trading, an automated sniping mode with launch filters, and DCA (recurring buys). Trojan, BullX, and several newer bots all offer at least one of these; BonkBot's roadmap has stayed focused on execution and order types rather than the "follow a wallet" or "auto-buy every launch" style of automation.
/start. The bot generates a fresh Solana wallet for you.As with every Telegram trading bot, back up the private key BonkBot gives you the moment you receive it. If you lose access to the Telegram account tied to the bot, that key is the only way back into your funds.
BonkBot charges a flat 1% fee per trade — in line with Trojan and most other Telegram bots. What's different is where that fee goes: BonkBot uses 100% of collected fees to buy BONK tokens on the open market, and permanently burns 10% of the BONK it buys. The rest supports the wider BONK ecosystem rather than being retained purely as bot-operator revenue.
On top of the 1% fee, you still pay standard Solana network fees (negligible) and optional priority fees / Jito tips for faster landing during busy periods.
BonkBot also runs a referral program paying referrers a share of fees generated by users they bring in — reported at roughly 10–30% of those fees, with the higher end typically front-loaded in a referral's first months.
Yes, with a clear use case in mind. BonkBot remains one of the most battle-tested Telegram trading bots on Solana, with a distinctive fee structure that quietly supports the BONK ecosystem every time you trade, and execution that holds up against newer competitors for straightforward buy/sell/limit-order trading.
BonkBot is best for: traders who want fast, reliable manual execution inside Telegram, anyone who wants their trading fees to feed BONK buybacks and burns rather than disappear into a generic fee wallet, and BONK-aligned traders specifically.
Look elsewhere if: you want copy trading, an automated sniping mode, DCA scheduling, or a web-based dashboard with charts — for those, see our Trojan review, which covers a bot that supports all three.
BonkBot uses a non-custodial wallet model with end-to-end encryption, but like any Telegram trading bot it generates a hot wallet whose private key you control. It has not had a confirmed breach of its own infrastructure — a 2024 exploit initially blamed on BonkBot was traced to a separate app, Solareum, that some users had also imported their keys into. Never export your BonkBot private key into a second application.
BonkBot charges a flat 1% fee per trade. Unlike most competitors, 100% of that fee is used to buy BONK tokens on the open market, with 10% of the purchased tokens permanently burned.
No. As of 2026, BonkBot's public feature set covers instant buy/sell, limit orders, trailing stop-loss, and partial fills, but it does not offer dedicated copy-trading or automated sniping modes the way Trojan and some newer bots do.
Yes. BonkBot describes itself as the official Telegram trading partner of the BONK community, and its fee mechanism (buybacks and burns) is built directly around the BONK token rather than a separate bot-operator token.
Open Telegram, search for the official @bonkbot_bot, send /start, deposit SOL to the wallet address it generates, and paste a token contract address or supported link to trade.
Comparing your options? Browse the full trading bots directory, check the raw feature matrix in our Telegram bot comparison, or run your monthly volume through the bot fee calculator before you commit to one.