Using Jito bundles to swap tokens while simultaneously adding liquidity on Solana.
If you want to try some new trading strategies,
If your token launch always results in unsightly broken candlestick charts,
If you’re troubled by sniper bots buying up large amounts of chips at the opening,
Then this article is suitable for you to continue reading.
In this blog post, we will delve into the innovative application developed by SlerfTools using Jito’s bundle trading feature, which allows for the creation of liquidity and token purchases simultaneously on the Raydium platform. This function is achieved by bundling two transactions on the Solana blockchain through Jito, optimizing the efficiency and security of the transactions.
Using Slerftools, you can:⬤
🚀 The fastest Solana Self Jito Bundle tool.
🚀 Create a new Raydium pool using JITO Bundle and snipe tokens within the same block.⬤
🚀 Bundle pool creation and sniping SPL tokens within the same block using JITO.⬤
What is a Jito bundle?
The Jito Bundle represents a breakthrough feature within the Solana ecosystem, offering traders a simplified method to execute multiple transactions seamlessly. These bundles are carefully designed lists of transactions that ensure sequential and atomic execution, thereby enhancing the efficiency and reliability of transaction operations.
A bundle is a list of transactions executed in a sequential and atomic manner (all-or-nothing):
Sequential: Provides a list of transactions in the bundle, ensuring they are executed in order.
Atomically: The bundle executes atomically within the same slot. Bundles cannot span slot boundaries, and if the entire operation is successful, it will be committed to the chain in its entirety.
All-or-nothing: The bundle can only contain successful transactions. If any transactions within the bundle fail, then none of the transactions in that bundle will make it onto the chain.
Users can send a package containing multiple transactions and ensure they are all executed in order.
Send a bundle through SlerfTools to create a liquidity pool and swaping token
SlerfTools simplifies the complex process of creating bundles through a user-friendly interface, allowing even those without programming skills to use Jito’s bundle functionality.
Open the SlerfTools page for creating a liquidity pool and swaping token, and connect your wallet.
This process involves setting parameters for two actions (creating a pool and buying tokens), and then packaging them into a single transaction that can be processed by Jito. The steps are as follows:
- Select the base token and the quote token. The base token is the newly issued token, and the quote token is generally SOL.
- Enter the OpenBook market ID, or click the search button to auto-fill. If it doesn’t exist, you need to create one first.
- Enter the parameters for creating liquidity, filling in the amounts for the base token and the quote token.
- Fill in the purchase parameter information. You can choose to buy with the current wallet or import another wallet’s private key for buying. Importing private keys can support up to three wallets buying simultaneously, after which enter the amount of SOL to purchase.
- The advanced options include configuring the Jito block engine node and Jito tips. It is recommended to choose the node with the least delay, and Jito tips are fees sent to Jito validators, with a suggested amount of 0.01 SOL.
- Submit the transaction and wait for success. Send the bundled transaction request to Jito’s RPC endpoint via SlerfTools.
It’s important to note that due to the network environment and the complexity of the Jito block processing engine, this feature may face a higher failure rate. If the operation fails, no fees will be incurred, and you can simply click to retry.
In summary, SlerfTools, through Jito’s bundled transaction feature, provides a new tool for DeFi users and developers, enabling them to manage and grow their assets on the blockchain more efficiently while ensuring transaction security.
You can perform the same operation on Pump.fun. Refer to this article for more details: Pump.fun Tutorial: Multi-Address Sniping While Creating Tokens
