Solana sandwich bots took $29.7 million before costs, mostly targeting Pump.fun

Solana sandwich bots took $29.7 million before costs, mostly targeting Pump.fun

Summary

Bitquery estimates Solana sandwich bots extracted about $29.7 million gross from trades between October 2025 and October 2026, with 96% of detected attacks involving Pump.fun’s launch curve or PumpSwap. The investigation identified 6.85 million attacks affecting 2.15 million wallets, though some victims were bots and the wallet count does not equal individual users. On Jupiter routes through these platforms, trades permitting 20%–50% slippage were sandwiched 14 times as often as trades allowing under 3%. The relationship was not consistent across all slippage bands. The estimate is not net profit: a small fee sample showed some attacks lost money, while data coverage and fee-recording gaps limit certainty. Researchers also caution that blockchain patterns cannot prove bots observed orders in advance.