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Honey Badger

Token Sniping

Be first to buy new tokens when liquidity is added

Token Sniping

Token sniping lets you automatically purchase tokens the moment liquidity is added. Get in early on new launches before the crowd.

How Sniping Works

  1. Set up a snipe with token address and amount
  2. Monitor for liquidity addition
  3. Auto-execute buy when liquidity detected
  4. Trade completes in the same block or next

Getting Started

Access Sniping

Via Telegram:

/snipe

Via Dashboard: Navigate to Sniping in the sidebar.

Create a Snipe

/snipe <token_address> <amount>

Example:

/snipe 0x1234...abcd 1.5

Snipe Configuration

Basic Settings

SettingDescription
Token AddressContract to snipe
Buy AmountX1 to spend
Max PriceSkip if price too high
Gas MultiplierPriority for speed

Advanced Settings

SettingDescription
SlippageMax acceptable slippage
Blocks to TryRetry attempts
Anti-RugProtection features
Auto-SellAutomatic exit triggers

Gas Strategy

Speed is critical for sniping. Gas settings determine your priority.

Gas Multipliers

MultiplierUse Case
1.0xNormal (not recommended)
1.5xModerate priority
2.0xHigh priority
3.0x+Maximum priority

Gas Tips

  • Higher gas = faster execution but more cost
  • For competitive snipes, use 2x or higher
  • Monitor network conditions
  • Consider cost vs. potential gain

Anti-Rug Features

Protect yourself from malicious tokens:

Honeypot Detection

Checks if token can be sold:

  • Simulates sell transaction
  • Blocks if sell fails
  • Prevents buying unsellable tokens

Tax Check

Verifies buy/sell taxes:

  • Set maximum acceptable tax
  • Skip tokens with excessive fees
  • Avoid tokens with hidden taxes

Liquidity Lock Check

Verifies liquidity is locked:

  • Requires minimum lock duration
  • Checks lock percentage
  • Reduces rug pull risk

Ownership Check

Analyzes contract ownership:

  • Renounced ownership preferred
  • Checks for dangerous functions
  • Warns on suspicious patterns

Auto-Sell Settings

Set automatic exit strategies:

Take Profit

Automatically sell at target:

Auto-sell 50% at 2x
Auto-sell remaining at 5x

Stop Loss

Protect against losses:

Sell 100% if drops 50%

Time-Based Exit

Exit after set time:

Sell if held > 1 hour

Trailing Stop

Lock in profits:

Trail at 20% from peak

Managing Snipes

View Active Snipes

/snipe list

Shows pending snipes with status.

Cancel Snipe

/snipe cancel <snipe_id>

Edit Snipe

/snipe edit <snipe_id>

Modify settings before execution.

Snipe Status

Status Indicators

StatusMeaning
PendingWaiting for liquidity
MonitoringActively watching
ExecutingBuying in progress
CompletedSuccessfully sniped
FailedDid not execute
CancelledManually cancelled

Failure Reasons

  • Liquidity added but sold out
  • Price exceeded max
  • Failed safety checks
  • Insufficient gas
  • Network congestion

Success Strategies

Research First

Before sniping:

  • Verify contract source
  • Check team reputation
  • Review tokenomics
  • Look for red flags

Set Realistic Expectations

Not every snipe will succeed:

  • Competition can be intense
  • Some tokens fail safety checks
  • Network conditions vary

Manage Risk

  • Only snipe what you can lose
  • Use anti-rug protections
  • Set stop losses
  • Don't chase losses

Common Mistakes

1. Insufficient Gas

Problem: Snipe executes too slow, miss entry Solution: Use 2x+ gas multiplier

2. No Safety Checks

Problem: Buy honeypot or rug Solution: Enable all anti-rug features

3. No Exit Plan

Problem: Hold through dump Solution: Set auto-sell triggers

4. Too Much Size

Problem: Large loss on failure Solution: Start small, scale up

Advanced Techniques

Multi-Block Sniping

Try across multiple blocks:

Blocks to try: 3

Increases chance of execution but may get worse price.

Conditional Sniping

Only snipe if conditions met:

  • Minimum liquidity amount
  • Maximum holder count at launch
  • Specific pair type

Portfolio Allocation

Dedicate specific wallet to sniping:

  • W3: Sniping only
  • Fixed balance for snipes
  • Track performance separately

Monitoring Results

Snipe History

View past snipes:

  • Entry price
  • Current price
  • PnL
  • Hold duration

Success Rate

Track your sniping performance:

  • Successful snipes
  • Average return
  • Best/worst snipe

Platform Specifics

Supported DEXs

Honey Badger snipes on:

  • XDEX
  • Other X1 DEXs as available

Pair Types

Can snipe:

  • X1 pairs
  • Stablecoin pairs
  • Custom pairs