Detect new token launches, analyze liquidity, and automate onchain trading with TypeScript and viem.
Robinhood Chain is creating an interesting environment for developers who want to build automated onchain trading systems.
Because Robinhood Chain is EVM-compatible, we can use familiar Ethereum tooling such as TypeScript, viem, Solidity, WebSockets, and smart-contract events.
In this tutorial, we'll build the foundation of a pons liquidity sniper bot that detects newly launched tokens, finds their liquidity pools, evaluates the market, and prepares trades based on predefined risk rules.
⚠️ Disclaimer: This tutorial is for educational purposes only. Automated trading involves significant financial risk. Do not use real funds until you have thoroughly tested your strategy and infrastructure.
What We're Building
The bot follows an event-driven architecture:
pons Factory
│
│ TokenLaunched
▼
Launch Detector
│
▼
Pool Analyzer
│
├── Liquidity
├── Price
├── Slippage
├── Price Impact
└── Risk Checks
│
▼
Trade Executor
│
▼
Position Monitor
│
▼
Exit Strategy
The important idea is that we're listening to the blockchain instead of scraping a website.
The pons documentation recommends indexing the factory's TokenLaunched event and then monitoring the corresponding pool's Swap events.
Prerequisites
You'll need:
- Node.js
- TypeScript
- Basic EVM knowledge
- A Robinhood Chain wallet
- Some ETH for testing transactions
- An RPC endpoint
We'll use:
- TypeScript
- viem
- dotenv
Install the dependencies:
npm init -y
npm install viem dotenv
npm install -D typescript tsx @types/node
1. Connect to Robinhood Chain
Robinhood Chain is an Ethereum-compatible Layer-2.
The current mainnet configuration includes:
Chain ID: 4663
Native token: ETH
RPC:
https://rpc.mainnet.chain.robinhood.com
Official documentation:
Create a .env file:
RPC_URL=https://rpc.mainnet.chain.robinhood.com
PRIVATE_KEY=YOUR_PRIVATE_KEY
Never commit .env to GitHub.
For production, use a dedicated trading wallet and a reliable RPC provider.
2. Create the Robinhood Chain Client
Create src/config.ts:
import "dotenv/config";
import { createPublicClient, http } from "viem";
export const robinhood = {
id: 4663,
name: "Robinhood Chain",
nativeCurrency: {
name: "Ether",
symbol: "ETH",
decimals: 18,
},
rpcUrls: {
default: {
http: [
process.env.RPC_URL ??
"https://rpc.mainnet.chain.robinhood.com",
],
},
},
} as const;
export const publicClient = createPublicClient({
chain: robinhood,
transport: http(),
});
Now our application can read blockchain state and subscribe to events.
If we later need to execute transactions, we'll create a wallet client using a private key stored securely outside the source code.
3. Detect New pons Tokens
This is the core of the sniper.
The pons factory emits a TokenLaunched event containing information about the new token and its pool.
The event looks like:
event TokenLaunched(
address indexed token,
address indexed deployer,
address indexed dexFactory,
address pairToken,
address pool,
uint256 dexId,
uint256 launchConfigId,
uint256 positionId,
uint256 restrictionsEndBlock,
uint256 initialBuyAmount
)
We can define it with viem:
import { parseAbiItem } from "viem";
const launchEvent = parseAbiItem(
"event TokenLaunched(" +
"address indexed token," +
"address indexed deployer," +
"address indexed dexFactory," +
"address pairToken," +
"address pool," +
"uint256 dexId," +
"uint256 launchConfigId," +
"uint256 positionId," +
"uint256 restrictionsEndBlock," +
"uint256 initialBuyAmount)"
);
Now we can watch the factory:
const PONS_FACTORY =
"0xA5aAb3F0c6EeadF30Ef1D3Eb997108E976351feB";
publicClient.watchEvent({
address: PONS_FACTORY,
event: launchEvent,
onLogs(logs) {
for (const log of logs) {
console.log("New token:", log.args.token);
console.log("Pool:", log.args.pool);
analyzeLaunch(log.args);
}
},
});
The bot now has a real-time launch detector.
4. Analyze the New Pool
Detecting a launch doesn't mean we should immediately buy.
First, collect market information.
For each new pool, we want to know:
Token
Pool
Liquidity
Price
Volume
Price impact
Slippage
Launch restrictions
A simple strategy interface could look like:
interface MarketData {
token: `0x${string}`;
pool: `0x${string}`;
liquidityEth: number;
priceImpactBps: number;
slippageBps: number;
}
Then create a risk filter:
const MIN_LIQUIDITY = 1;
const MAX_PRICE_IMPACT = 1000;
const MAX_SLIPPAGE = 500;
function shouldBuy(data: MarketData): boolean {
if (data.liquidityEth < MIN_LIQUIDITY) {
return false;
}
if (data.priceImpactBps > MAX_PRICE_IMPACT) {
return false;
}
if (data.slippageBps > MAX_SLIPPAGE) {
return false;
}
return true;
}
The numbers above are examples only. Your actual thresholds should come from testing and risk analysis.
5. Why Liquidity Matters
One of the biggest mistakes when trading newly launched tokens is looking only at market capitalization.
Imagine:
Market Cap: $500,000
Liquidity: $8,000
The market cap might look impressive, but the available liquidity is tiny.
A relatively small order can therefore create significant price impact.
That's why our bot should focus on:
Liquidity
+
Expected output
+
Price impact
+
Slippage
+
Trade size
A simple position-sizing rule could be:
const maxTradeEth = liquidityEth * 0.005;
This prevents the bot from becoming an excessively large participant in a small pool.
6. Check Launch Restrictions
Newly launched pools may have protocol-specific restrictions.
pons exposes restrictionsEndBlock through the launch event.
That means the bot should check the current block before attempting an entry:
const currentBlock =
await publicClient.getBlockNumber();
if (currentBlock < restrictionsEndBlock) {
console.log("Launch restrictions still active");
return;
}
This is a good example of why a trading bot should understand the protocol rather than simply send transactions as quickly as possible.
Always verify the current pons documentation and deployment configuration before relying on a particular restriction mechanism.
7. Calculate Price
pons uses Uniswap V3 pools.
The pool's slot0() contains the sqrtPriceX96 value used to derive the current pool price.
Conceptually:
sqrtPriceX96
↓
Price ratio
↓
Token0 / Token1
↓
Adjust token ordering
↓
Token price
Using viem:
const slot0Abi = [
{
type: "function",
name: "slot0",
stateMutability: "view",
inputs: [],
outputs: [
{ name: "sqrtPriceX96", type: "uint160" },
{ name: "tick", type: "int24" },
{ name: "observationIndex", type: "uint16" },
{ name: "observationCardinality", type: "uint16" },
{ name: "observationCardinalityNext", type: "uint16" },
{ name: "feeProtocol", type: "uint8" },
{ name: "unlocked", type: "bool" }
]
}
] as const;
const [sqrtPriceX96] =
await publicClient.readContract({
address: pool,
abi: slot0Abi,
functionName: "slot0",
});
The exact price calculation must account for token decimals and whether the target token is token0 or token1.
8. Execute Only After Simulation and Risk Checks
Once our filters pass, the flow becomes:
Token detected
↓
Pool verified
↓
Liquidity sufficient
↓
Restrictions checked
↓
Price calculated
↓
Slippage estimated
↓
Trade size calculated
↓
Transaction simulated
↓
Transaction submitted
A good bot should simulate or quote the trade before submitting it whenever the integration supports it.
Don't blindly send a swap into a newly created pool.
9. Monitor the Position
The strategy doesn't end after buying.
The bot should store information such as:
interface Position {
token: `0x${string}`;
pool: `0x${string}`;
entryPrice: bigint;
amount: bigint;
entryBlock: bigint;
txHash: `0x${string}`;
}
Then monitor the pool's Swap events.
This allows us to track:
- Price
- Trading volume
- Pool activity
- Price movement
- Exit conditions
10. Add an Exit Strategy
A sniper bot needs an exit strategy just as much as an entry strategy.
For example:
Take Profit
Entry
↓
+50%
↓
Sell
Stop Loss
Entry
↓
-20%
↓
Sell
Trailing Stop
Entry
↓
Price rises
↓
Record highest price
↓
Price falls X%
↓
Sell
You can also create a liquidity-based exit:
Liquidity drops below threshold
↓
Reduce / Exit
For newly launched tokens, liquidity changes can sometimes be more informative than price alone.
11. Add a Kill Switch
Automated trading systems need emergency controls.
For example:
let tradingEnabled = true;
function emergencyStop() {
tradingEnabled = false;
}
Before submitting a transaction:
if (!tradingEnabled) {
return;
}
Other useful limits include:
Maximum trade size
Maximum daily loss
Maximum open positions
Maximum slippage
Maximum price impact
Maximum gas expenditure
These controls are much more important than making the bot execute a few milliseconds faster.
Final Architecture
The complete system now looks like:
Robinhood Chain
│
▼
pons Factory
│
TokenLaunched
│
▼
Launch Detector
│
▼
Pool Analyzer
│
▼
Risk Engine
│
┌─────┴─────┐
│ │
PASS FAIL
│ │
▼ ▼
Trade Executor Stop
│
▼
Swap Router
│
▼
Position Monitor
│
▼
Exit
The most important lesson is that a liquidity sniper shouldn't simply be:
"See new token → buy immediately."
A better system is:
Detect → Analyze → Filter → Size → Execute → Monitor → Exit
Speed matters, but selection and risk management matter more.
What's Next?
The basic architecture can be extended with:
- WebSocket RPC
- Redis event queues
- PostgreSQL trade history
- Historical backtesting
- Automatic position sizing
- Advanced price-impact calculations
- Telegram/Discord alerts
- Transaction simulation
- Multiple RPC providers
- Automatic failover
- Prometheus/Grafana monitoring
Robinhood Chain also provides additional developer infrastructure such as Stock Token APIs and Data Streams.
These can become useful as the strategy evolves beyond simple launch detection.
Resources
Robinhood Chain
Connecting to Robinhood Chain
Smart Contracts
Stock Token APIs
Data Streams
pons
GitHub
The complete project is available here:
You can use it as a starting point for experimenting with event monitoring, liquidity analysis, automated execution, and Robinhood Chain trading infrastructure.
Conclusion
Building a liquidity sniper bot is less about writing a fast swap transaction and more about building a reliable decision-making system.
The core pipeline is:
Blockchain Events
↓
Launch Detection
↓
Liquidity Analysis
↓
Risk Management
↓
Position Sizing
↓
Execution
↓
Position Monitoring
↓
Exit
If you're interested in building on Robinhood Chain, pons provides an interesting environment for experimenting with event-driven onchain applications.
The best sniper isn't necessarily the bot that buys first.
It's the bot that knows when not to buy.
Connect
Benjam1nCup
/
Robinhood-Trading-Bot-System
Robinhood Chain Trading Bot Robinhood Bot Robinhood copy trading bot Robinhood sniper bot
Robinhood Chain Trading Bot | Robinhood Chain Sniper Bot | Robinhood Chain Copy Trading Bot
An open-source and Strong Strategy collection of Robinhood Chain trading bot and Robinhood Chain sniper bot and Robinhood Chain copy trading bot in Python for high-performance automated on-chain trading.
This repository is primarily intended for educational and research purposes. It includes strategy concepts, implementation approaches, and selected performance screenshots to help developers understand how different automated trading strategies can be designed and tested on Robinhood Chain.
Robinhood Chain is an Ethereum-compatible Layer-2 blockchain built with Arbitrum technology. The mainnet uses Chain ID 4663, ETH as the native gas token, and provides EVM-compatible infrastructure for developers building on-chain applications and trading systems.
The repository does not provide a complete production-ready trading bot source code. Instead, it provides strategy descriptions and research materials that you can use as a foundation for developing your own system.
If you…
Contact: Telegram: https://t.me/BenjaminCup
If you're building something similar on Robinhood Chain, feel free to check out the repository and experiment with the strategy.

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