Trojan Review
Solana trading in Telegram with a stated 1% fee and named operator
of 10
Trojan scores 5.2 in trading tools. It now states a 1% fee per successful trade and names Odyssia Labs under Hong Kong law. Its bot terms allow an encrypted copy of wallet keys on third-party servers, and the terms say fees are not shown before a trade. Desk research checked November 6, 2026.
Overall score
5.2 = (7 + 6 + 4 + 4 + 5) / 5
Trading fee
1% per successful trade; 10% off via referral; cashback rises with rank
Key handling
Keys exportable; terms allow an encrypted copy on third-party servers
Operator
Odyssia Labs; Hong Kong law; no address or registration given
Not offered to
United States, Panama and sanctioned or restricting jurisdictions
Scores
Each criterion carries equal weight. The overall score is the average of these 5 scores — (7.0 + 6.0 + 4.0 + 4.0 + 5.0) ÷ 5 = 5.2.
Pros
- Pricing 7: 1% per successful trade stated, with a 10% referral discount and rank-based cashback
- Entity 5: terms name Odyssia Labs, Hong Kong law and Hong Kong courts or HKIAC arbitration
- Private keys can be exported from the bot to a wallet you control
- Secure Action Password required for key exports and withdrawals; MEV protection optional
Cons
- Bot terms allow an encrypted copy of wallet keys on unnamed third-party servers
- Terms say users are not told the fee before a transaction
- Security 4: credential security disclaimed, no audit, services not licensed by any regulator
- Coverage 4: Solana tokens plus Hyperliquid perpetuals on the Terminal only
- No legal form, address, registration number or named people for Odyssia Labs
How Trojan scores in trading tools
Trojan is a Telegram trading bot for Solana tokens; the same brand runs a web platform, Trojan Terminal, at trojan.com. This entry rates both in our crypto trading tools ranking, and notes where they differ. The basis is desk research of the bot's terms of use (last modified June 27, 2025), the trojanonsolana.com homepage and the Terminal FAQ, checked on November 6, 2026, together with the bot documentation as read for our company profile on November 1. No wallet was funded and no trade was placed. The category has five criteria, each marked 0 to 10 and weighted equally, as set out in our ratings methodology.
| Criterion | What the sources show | Mark |
|---|---|---|
| Pricing transparency | The Terminal FAQ states "1% per successful trade." The homepage offers 10% off with a referral, and cashback rises with rank. The terms say users "will not be advised of the fees" before a transaction. | 7 |
| Custody & API safety | Private keys can be exported, but the bot's terms say the company "may retain an encrypted copy" of trading-wallet keys on unnamed third-party servers. The Terminal FAQ says it stores no keys. | 6 |
| Venue coverage | Solana tokens through the bot, a deBridge bridge to Ethereum, and Hyperliquid perpetuals on the Terminal. | 4 |
| Security posture | A Secure Action Password guards key exports and withdrawals; MEV protection is optional. The terms disclaim credential security, and no audit is published. | 4 |
| Entity transparency | The terms name Odyssia Labs and set Hong Kong law, with Hong Kong courts or HKIAC arbitration. No legal form, address, registration number or named people. | 5 |
The overall score is the plain average: (7 + 6 + 4 + 4 + 5) / 5 = 26 / 5 = 5.2, up from 3.2 at the July 24, 2026 check. Four marks moved. Pricing rose from 2 to 7, because the 1% fee the earlier review could not find is now stated in Trojan's FAQ. Entity rose from 2 to 5: the earlier review said no operator was named, but the terms name Odyssia Labs under Hong Kong law. Venue coverage rose from 3 to 4 with Hyperliquid perpetuals on the Terminal. Security rose from 3 to 4 because the Secure Action Password is now documented.
Strongest criteria
A published fee, with a caveat (7)
Trojan's Terminal FAQ says access is free and that each successful trade costs 1%. The homepage offers 10% off trading fees through a referral link and SOL cashback that grows with Arena rank. Our company profile also found the homepage FAQ quoting 0.9% on confirmed trades, 0.72% effective with referral and cashback. A 2 SOL buy at 1% costs 0.02 SOL before cashback, plus Solana priority fees. That puts Trojan alongside BonkBot and Banana Gun, which also publish their swap fees and score 8. Trojan scores one point lower for two reasons: its terms say users are not told the fee before a transaction, and the cashback rate depends on a rank table we could not confirm on an official page.
Key export and a named governing law (6 and 5)
Users can export a trading wallet's private key, so funds can be moved to a wallet only they control. The terms also name Odyssia Labs as the provider and put disputes under Hong Kong law. Both are more than the earlier review recorded, and the entity mark now sits above the 2 given to Banana Gun and the 4 given to Gunbot, though below BonkBot's 8.
Weakest criteria
Custody: two pages, two answers
This is a deficiency in disclosure, not a gap in our reading. The Telegram bot's terms say the company "may retain an encrypted copy of your Trading Wallet seed phrase or keys on third-party servers." They give no guarantee that the copy is secure, and they do not name the provider. The Terminal FAQ says Trojan "does not store or control users' funds, private keys, or personal data." These may describe two different products, but Trojan does not say so, and a user of the bot should assume the terms apply. A bot that can sign for you works like a hot wallet; our guide to hot and cold wallets explains why that limits how much to leave in it. The mark stays at 6.
Security and coverage (4 and 4)
The Secure Action Password is required for key exports and withdrawals once set, but cannot be reset or recovered. MEV protection routes orders privately to trusted validators and may need a tip. Against that, the terms disclaim the security of stored credentials, warn that a breach could expose trading-wallet assets, and say the services are not licensed by any regulator. No audit or bug bounty is published. On the category's security scale, which counts disclosed controls, the Secure Action Password is the one control on the record, and one control scores 4. Coverage is Solana tokens on the bot plus Hyperliquid perpetuals on the Terminal, narrower than Banana Gun's multi-chain coverage.
What the score does not cover
The score measures published disclosure. It does not measure execution speed, sniping results, copy-trading outcomes or uptime, and none were tested. Trojan's user and volume figures ($25 billion traded, 2 million users) are its own and are not scored. The terms exclude anyone in the United States or Panama and in sanctioned or restricting jurisdictions, and prohibit VPN workarounds. Fake bots and support accounts are a common way such wallets get drained; see our guide to wallet scams and phishing.
Trojan vs BonkBot and Banana Gun
Trojan ranks ninth of ten. BonkBot scores 6.8, 1.6 points ahead. It leads Trojan on pricing (8 against 7), custody (8 against 6), security (7 against 4) and entity (8 against 5) and trails only on coverage (3 against 4). Banana Gun scores 5.0, 0.2 points behind: ahead on pricing (8) and coverage (6), level on custody (6), and behind on security (3) and entity (2). Trojan's 5.2 rests on a stated fee and a named operator with governing law; its custody wording and thin security documentation keep it well below BonkBot.
Who it suits
On these marks, Trojan suits experienced Solana traders outside the excluded jurisdictions who want limit orders, DCA and copy trading inside Telegram, and who keep only small balances in the bot wallet. It suits less well anyone who needs a clear answer on who can access their keys, or a fee shown before each trade.
How it compares
Bitsgap
Refusing API keys that can withdraw, across 16 named exchanges
3Commas
Published pricing and non-custodial, trade-only API keys
Altrady
API-only bots across 19 named exchanges from a named Dutch firm
Cryptohopper
No-withdrawal custody with plan prices and refund terms in full
Coinrule
Trade-only API keys written into its terms, with a named UK operator
TradingView
Charting with full plan pricing and refund rules, no custody
Gunbot
Self-hosted bot that keeps exchange keys on your own machine
BonkBot
Documented key security and a named Swiss operator on Solana
Banana Gun
A published percentage fee across eight chains
Sources
Scored from published primary sources rather than hands-on use. Every figure above comes from one of the pages below, on the date shown. Manufacturers change prices and specifications without notice — if something here no longer matches the source, tell us and we will correct it.
Frequently asked questions
Why does Trojan score 5.2?
It is the average of five equally weighted marks: pricing 7, custody 6, coverage 4, security 4 and entity 5. A stated fee and a named operator lift it; key handling and thin security documentation hold it down.
Why did Trojan's score rise from 3.2?
The earlier review found no fee and no operator. Trojan's FAQ now states 1% per trade, and the terms name Odyssia Labs under Hong Kong law. Hyperliquid perpetuals and the Secure Action Password added a point each to coverage and security.
Does Trojan hold my private keys?
Not in the sense of holding funds, and keys can be exported. But the bot's terms say the company may keep an encrypted copy of trading-wallet keys on third-party servers, while the Terminal FAQ says it stores none. We score on the terms.
What was measured, and what was not?
We measured Trojan's published fee, key handling, supported markets, security features and operator details. We did not fund a wallet or trade, so speed, sniping and copy-trading results are not scored.
How does Trojan compare with BonkBot?
BonkBot scores 6.8, 1.6 points ahead. It leads on pricing, custody, security and entity; Trojan leads only on coverage, 4 against 3, through Hyperliquid perpetuals on its Terminal.
Nothing here is financial advice. Editorial policy · How we score · How we're funded.