GMGN

GMGN is a multi-chain meme token trading terminal built for traders who need to discover, analyze, and execute on new token launches before the broader market catches up. The platform combines real-time token discovery, one-click sniping, smart money wallet intelligence, and automated order management into a single interface accessible via web, mobile, Telegram bot, and Chrome extension. Its name — an abbreviation of "Good Morning, Good Night" — signals its design philosophy: 24/7 market coverage across every time zone.

The Problem GMGN Solves

Meme tokens on Solana and other chains routinely reach their all-time high within minutes of launch. By the time a trader manually locates a new token, audits the contract, checks holder distribution, and executes a buy, the opportunity has often passed. GMGN was built to collapse that window. According to co-founder Haze, GMGN can complete a Solana meme coin transaction from on-chain detection to execution in approximately 0.58 seconds. Speed, paired with automated risk filtering, is the platform's core value proposition.

Origins and Team

GMGN was founded in June 2023 by co-founders known publicly as Haze and Jerry Ma. The company is incorporated in Singapore and operates with a team of approximately 30 people.

Haze, born in 1985, entered crypto after discovering Bitcoin in 2017 and subsequently joined a quantitative trading firm where he built systematic trading strategies. He then spent four years on on-chain data infrastructure — work that included linking on-chain addresses to Twitter accounts, frontrunning analysis, and on-chain address labeling — before founding GMGN. Jerry Ma serves as CEO and brings over 20 years of experience building tool-based software products.

The platform was initially developed for Ethereum. In January 2024 the team shifted its primary focus to Solana, reflecting the chain's dominance in meme token trading volume. The official Solana product launched in May 2024. In January 2025, GMGN announced GMGN.dev, a developer-facing API platform. By 2026, the team had launched an OpenAPI and Agent API, enabling external builders and automated strategies to connect to the GMGN execution layer programmatically.

Core Mechanism

GMGN operates as a front-end aggregation layer over decentralized exchanges. Users connect their own self-custody wallets — Phantom on Solana is common — and GMGN routes trades through DEX infrastructure (Raydium, Pump.fun, and others) on the user's behalf. The platform does not custody funds. Trading execution speed is achieved through priority fee configuration and direct RPC connections rather than smart contract abstraction.

The discovery layer is called "Trenches" — a real-time feed of new token launches pulled from Pump.fun, Raydium, FourMeme, letsbonk, and other launchpads. The leaderboard updates every minute, sortable by buy and sell count, trading volume, price change, and holder growth. Traders can filter by time window (from five minutes to 24 hours) to see which tokens are gaining or losing momentum at any given moment.

Key Features

Token Sniping: GMGN enables traders to buy newly launched tokens within moments of their on-chain creation. Priority fee settings (ranging from 0.002 SOL standard to 0.006+ SOL for automated orders) allow traders to configure how aggressively they compete for block inclusion.

Automated Security Scanning: Before execution, GMGN checks every token for: honeypot contract detection, LP burned status, mintable flag, contract renounced status, insider and "rat" wallet ratio, bundle buy ratio (coordinated launch manipulation), developer holdings percentage, and top-10 wallet concentration. These checks run automatically on every token in the feed.

Smart Money and KOL Wallet Tracking: Users can follow wallets flagged as belonging to experienced traders, key opinion leaders (KOLs), or early-mover insiders. The Wallet Radar feature surfaces influential holders for any token. The platform also maintains a system for tagging suspicious wallets.

FOMO Alerts: Configurable notifications alert traders when tracked wallets or tokens meet defined conditions, helping traders act on signals without continuously monitoring the interface.

Copy Trading: GMGN allows users to automatically mirror the trades of selected wallets in real time. Position sizing and filters are configurable.

AFK Automation: Conditional order triggers — including a "Buy the Dip" function and auto-sell rules — allow strategies to run without active monitoring.

Advanced Order Types: Trailing take-profit and trailing stop-loss orders enable traders to lock in gains or limit downside on volatile positions without manual management.

Multi-Wallet Support: Traders can manage and trade from multiple wallets within a single session.

Wallet P&L Analytics: For any wallet address, GMGN generates a full performance breakdown: realized and unrealized PnL, win rate and risk/reward ratio, current holdings, full trade history, and developer wallet token creation records with ATH market cap per token. This functions as due diligence tooling for copy trade candidates.

MEV Protection: In July 2025, following a period in which GMGN users were disproportionately targeted by MEV sandwich attacks, co-founder Haze announced an anti-MEV protection feature and launched a compensation program for users who had incurred verifiable losses from sandwich attacks while the protection was enabled.

Supported Chains

Solana is GMGN's primary network and the chain for which it was rebuilt in 2024. The platform has since expanded to Ethereum, Base, BNB Smart Chain, Tron, Blast, and Monad.

Platform Access

GMGN is available through a web interface at gmgn.ai, a Telegram trading bot, a Chrome browser extension, and an Android mobile app.

Fee Structure

GMGN charges a 1% fee per transaction. There are no subscription tiers or monthly fees. A 10% discount (reducing the fee to 0.9%) is available through referral links. On-chain gas fees and launchpad fees — for example, Pump.fun's 1% fee — apply separately and are paid directly to those protocols.

Ecosystem Context

GMGN entered Solana during the 2024 memecoin cycle and scaled rapidly during the explosive volume growth that followed. In November 2024, the platform reported a 600% increase in transaction volume and daily revenues exceeding $700,000, accompanied by server outages as the team scaled infrastructure under load. At the Hong Kong Web3 Carnival in April 2025, co-founder Haze disclosed that GMGN had earned the equivalent of $60 million in SOL from platform fees on Solana alone.

The platform competes primarily with BullX and Fountain in the Solana meme trading terminal category. Its primary differentiators are execution speed, the depth of its on-chain wallet intelligence features, and its multi-platform access model including the Telegram bot — which is significant for mobile-first traders in markets where app-based crypto access is standard.

No independent security audit of the GMGN smart contract integration or platform infrastructure has been publicly disclosed.