Unibot hits record use on Solana after Ethereum success

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19 Jan 2024
11

Telegram trading bot Unibot hits a new record.The success of Unibot’s migration has caught the attention of competitors in this sector.Trading volumes through Unibot are now heavily dominated by Solana


On January 11, Unibot’s daily users soared past its previous all-time high of 2,189 registered in August last year


Since then, daily users jumped another 43% to 3,151 on January 15.


Telegram bots are designed to simplify on-chain trading by letting users buy and sell tokens on decentralised exchanges — or DEXs — through the popular messaging app


These features were trendy among meme coin traders on Ethereum last summer, as six of the top ten trading pairs of all time were meme coins.


Unibot’s Solana launch has helped turn its fortunes around after falling use on Ethereum, where it was initially launched. Solana users now account for 90% of Unibot’s users, and over 79% of the total volume

Since its Solana launch on January 4, Unibot earned $275,000 in fees to add to the $534,000 it earned in fees on Ethereum.


This is an over 50% increase in total fees generated that Unibot would not have had without integrating Solana


Token holders can earn even more rewards by distributing their unique referral code to other users. Referrers earn 25% of the total fees generated by anyone who uses their referral code.

Currently, holders can expect to receive a 9.43% APR

learn more from: https://www.dlnews.com/articles/defi/unibot-solana-surge-telegram-bot-all-time-high-ethereum/

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