trading app review · updated
Trojan review
The Telegram bot that built a gamified rewards layer around Solana memecoin trading, reviewed on fees and safety.
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verdict
Trojan is a veteran Solana Telegram bot that grew into a full terminal, pairing the original chat-based trading flow with the trojan.com web app. It covers market, limit and DCA orders, copy trading, sniping and clipboard buys, and its signature feature is Arena: a gamification layer built around ranks, quests, a daily jackpot funded by 10% of fees, and cashback tied to a trader's rank.
Arena rewards genuine trading activity, and rank-based cashback can cut the effective fee meaningfully at higher ranks. The honest risk is that a system built to reward volume can also encourage trading for the sake of climbing ranks rather than for a clear trading reason. Solana-only coverage is the other limit worth knowing before signing up.
pros
- + A full order set: market, limit and DCA orders, plus copy trading and sniping
- + Clipboard buys let a trader paste a contract address and act without switching apps
- + Rank-based cashback runs from 10% up to 45%, cutting the effective fee at higher ranks
- + Both a Telegram bot and a web terminal, so trading is not locked to one interface
cons
- − Arena's quests, ranks and jackpot are built to reward volume, which can encourage overtrading
- − Coverage is limited to Solana, with no path to other chains
- − The daily jackpot is funded by 10% of fees, a cost every trader contributes to whether or not they win it
- − No referral program is documented in Trojan's own material, unlike some rivals
best for
- → Traders who already live in Telegram and want the whole trading flow there
- → Active Solana traders who can climb Arena ranks and benefit from the cashback tiers
- → Traders who want copy trading and sniping alongside standard market, limit and DCA orders
skip it if
- ✕ You are prone to overtrading. Arena's quests and jackpot are built to reward volume, which can push trades that are not otherwise justified
- ✕ You trade outside Solana. Trojan covers Solana only
- ✕ You want a documented referral discount. Trojan has no referral program listed in its own material
What Trojan is
Trojan started as a Solana Telegram bot and has grown into a full terminal, now spanning both the original bot and the trojan.com web app. It covers the standard order types (market, limit and DCA) alongside copy trading, sniping and clipboard buys, where pasting a contract address is enough to start a trade.
What sets Trojan apart is Arena, a gamification layer that turns trading activity into ranks, quests and rewards. It is one of the more distinctive features anywhere in the terminal category.
How Arena works
Arena tracks a trader's activity and assigns ranks based on it. Higher ranks unlock better cashback, running from 10% up to 45% off the effective fee, according to Trojan's own documentation. Quests add smaller, structured goals on top of the rank system.
A daily jackpot, funded by 10% of the fees Trojan collects, adds a lottery-style element on top of the rank rewards. All of this sits on top of ordinary trading; nothing about Arena changes how an order actually executes.
Fees and cashback
The base fee is 1% per successful trade. Rank-based cashback, from 10% up to 45%, effectively reduces that fee as a trader climbs Arena's ranks, per Trojan's documentation.
This is not a referral discount. The cashback is tied to a trader's own activity and rank, not to inviting other people. Trojan does not list a referral program in its own material, so no invitee discount claim should be attributed to it.
The overtrading risk
Any system that rewards volume creates an incentive to trade more, whether or not more trading is the right call for a trader's account. Arena's ranks, quests and jackpot are all built around activity, so the gamification that makes Trojan distinctive is also its clearest honest risk.
This does not make Trojan unsafe to use. It means traders should treat rank progress as a side effect of good trading decisions, not a goal to chase on its own.
How it compares
Trojan and GMGN both offer a Telegram bot alongside a web app, but GMGN's flat 1% fee has no gamification layer, while Trojan's 1% fee comes with the Arena rank system on top. Compared to Axiom and Photon, both web-only terminals, Trojan's Telegram-first design suits traders who want to trade from chat rather than a browser tab.
No other terminal covered here combines a Telegram bot with a rank-based rewards system in the way Trojan does. That makes it a distinct choice for traders who want gamified incentives, not just a fee comparison.
frequently asked questions
What is Trojan's Arena system?
Arena is Trojan's gamification layer. It assigns ranks based on trading activity, runs quests, funds a daily jackpot from 10% of fees, and gives rank-based cashback from 10% up to 45%, according to Trojan's documentation.
Does Trojan have a referral program?
No referral program is documented in Trojan's own material. The Arena cashback is based on a trader's own rank and activity, not on referring other traders.
What fee does Trojan charge?
1% per successful trade. Rank-based cashback from Arena can reduce the effective rate, up to 45% at the highest ranks, per Trojan's docs.
Which chains does Trojan support?
Solana only. Traders who need other chains have to use a different terminal.
how we review
We do not run lab tests, and no platform pays for a better verdict. Reviews are built from three inputs: the platform's official documentation, the live on-chain fee and volume data we track hourly, and the mechanics we can verify from public sources. When we cannot verify a claim, we say so or leave it out. Numbers in the text stay qualitative on purpose: platforms change parameters often, and the live figures on this page come straight from the data feed. Full detail on sources and limits: methodology.
sources & verification
Platform facts verified 2026-08-17. Review written by the MemeFees Editorial Team, last revised 2026-08-20. MemeFees is independent and not affiliated with Trojan.
Nothing on this page is financial advice. Memecoins are extremely high-risk and most go to zero.