How To Create Your $2000/Day Trading Bot in 5 Minutes

Crypto Blockchain
Coinmonks
4 min readJun 6, 2024

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Mev Bot Education Crypto

The MEV-BOT continuously monitors the public Ethereum Mempool for pending transactions (TX) from Uniswap AMM, until it identifies a TX with price slippage / fluctuations on a token (e.g. a large buy order)🔎

  • Before executing any trades, the algorithm calculates the potential gains against transaction costs to ensure profitability💡
  • MEV-Bot swiftly executes a sandwich operation by placing a buy order (for the same token) just before the “targeted” TX, simultaneous with placing a sell order right after within the same block, profiting from the price movement🥪
  • It optimizes paid gas fees for timely execution, cost efficiency and it always sets 1 gas more than competing bots, as long as it remains profitable⚡
  • Then sends back the ETH / BNB to the contract ready for withdrawal📤

We are proud to say that our MEV solution outperforms 99% of Arbitrage Bots on the Ethereum / BNB Blockchain.

🚀 How to launch the ETH / BNB MEV-Bot

  1. Download MetaMask (if you don’t have it already)
  2. Access Remix — Ethereum IDE (Web-based environment to write and deploy Ethereum smart contracts)
  3. 📁 Create a New File. Rename it as you like, i.e: “MEVBot.sol”

Mev Bot Crypto Arbitrage Bot On Ethereum

  1. 🧾 Paste This Code into your Remix “MEV.sol” file
  2. 🔧 Go to the Solidity Compiler tab, select version 0.6.6+commit.6c089d02 and then select Compile MEVBot.sol.

Video Tutorial⬇⬇⬇

mev bot video tutorial
  1. 🚀 Navigate to the DEPLOY & RUN TRANSACTIONS tab, select the Injected Provider - Metamask environment and then Deploy. By approving the Metamask contract creation fee, you will have created your own MEV-Bot.

⚙️ Configuration

  1. 💰 Copy the bot’s contract and send some Ethereum to its balance for the bot to start. Team recommendation is to fund the bot with an minimum amount of 0.5 ETH but more than 1 ETH is recommended for better result.
  • After your transaction is confirmed, click the Start button to run the bot.
  • Press the Stop button to halt bot operations.
  • Withdraw all ETH at any time by clicking the Withdrawal button.

💰 That’s it. The bot will start working immediately earning you profits from sandwich actions on Uniswap / Pancakeswap pools 💰

Notice: Your MEV-Bot needs to run for at least one day to reach the estimated performance.

⭐ Show your Support

If you find our project interesting, please consider giving it a star. Your support is greatly appreciated and helps in motivating further development and improvements.

💭FAQ

If many people will use the bot, wouldn’t dilution of profits occur?

We do not plan to limit access to the bot for now because there won’t be any effect for us or our users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so our users involvement in the pools will always be very minor.

What average ROI and risks can I expect?

According to the latest data on bot performances, the average ROI is 8–9% . Bot does not make any losses, it only executes trades when there are proper MEV opportunities to make profits, so under all circumstances user is in plus.

What amount of funds does bot need to work?

Team recommendation is to fund the bot with an minimum amount of 0.5 ETH but more than 1 ETH is recommended so the bot has enough gas and funds to swap, pay builders, etc.

Do I need to keep remix open in browser while the bot is activated?

No, just save the bot contract address after creating it. The next time you want to access your bot via Remix, you need to compile the file again as in step 5. Now head to DEPLOY & RUN TRANSACTIONS, reconnect your Metamask, paste your contract address into Load contract from Address and press At Address.

Now it can be found again under “Deployed Contracts”.

Does it work on other chains or DEXes as well?

No, currently the bot is exclusive to Ethereum and BNB in ​​the Uniswap and Pancakeswap pools.

Disclaimer: Educational Purposes Only

This content is for educational use only and is not professional advice. Accuracy is not guaranteed. Use at your own risk. Consult a professional for specific guidance. For professional advice, please consult a qualified expert.

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Crypto Blockchain
Coinmonks

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