Unibot is a cryptocurrency trading bot that functions within the Telegram app, enabling users to trade cryptocurrencies directly on the platform. It is designed to facilitate swift swaps and trading strategies on Uniswap V3 and operates on Ethereum and Solana blockchains. Unibot serves as a Leveraged Liquidity Provision (LLP) platform.
Unibot leverages the Uniswap V3 protocol, utilising smart contracts to execute trades on behalf of users in a decentralised manner. It offers features like "Mirror Sniper" for copying traders, "Smart Method Sniper" for monitoring and purchasing new ERC-20 tokens, and additional capabilities for limit orders and private transactions. Its algorithm is designed for fast trading and includes MEV (Miner Extractable Value) protection to secure transactions.
Potential use cases for Unibot include decentralised trading of Ethereum-based tokens via Telegram, sniping newly listed tokens on Uniswap, employing limit orders and copy trading, securing transactions with MEV protection, and expanding into options, sports betting, and perpetuals trading with partnered protocols.
Unibot was co-founded by Ayden, an ex-Apple employee, and an anonymous partner, launching in May 2023. Key milestones include a significant rise in token price by July 2023, the introduction of Solana integration by January 2024, and reaching record user growth on the Solana blockchain. Through its development, Unibot has maintained prominence as a first-mover among Telegram crypto trading bots, continuing to innovate and optimise its trading bot solutions.