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Hey, And even though my trades looked profitable I still somehow ended up losing money. recently I discovered that I pay 0.002 Sol for each swap when swapping memecoins through jupiter routing when the following condition are met:
Now before you say it’s just the rent for opening the token account and I can collect it using sol incinerator, I can’t. I’m not the owner of the account so I can’t close it and even if it was closed I’m not the one that receives the funds back. I’ll provide a few examples:
Instruction: #6.6 – System Program: transfer I transferred to token account HJdRCHhYFmAWwSudPD7Uftd4mseixzJ4igeTxnSa7wrh Which the owner is Pump.fun AMM: Protocol Fee 2 Then when selling this same token: I transferred 0.002 Sol to token account 7kkQ7LP9jPYxifC8XGrKqC3dQVocorAimBgvXi9YJT1A
transferred 0.002 Sol to account 51jnh8976ooNmBdPC3pn3hwNjJQBqa326phdkXVUTKRk selling the same token: For some reason it didn’t happened here. buying again the same token: https://solscan.io/tx/5NH8LUUwpxiNz1e5XCUgdhsXeNFWMSRDxvPLgC9AU2Hchz6KUWwa8YA51qBd5sygJk1RoZQhC4dQ1gryY4VPvNMc Transferring 0.002 Sol to 2kyhDEBU3J3xe5epuh615y3o4LeA2WdzZvoX5X76kp3w and lastly selling it again: https://solscan.io/tx/4V4HS8JAUnMhNMsn7rkpqmLsDtY5XYqVeJHJkvokZTQgwgejtHdnwKxipuCfmuWN1Ups4giKv1XMhda1R9Y4QwZ8 Transferring 0.002 Sol to ByfHV5oqheeWYgj1XmGxcJFSWVymmSXMBrHVJQ5nn9Bv So basically I bought-sold-bought-sold Paid about 0.049$ in gas fees, but ended up with -0.0064 Sol / -1.32$ after just 4 swaps WTF?! Seriously I have no idea why it happens, would really appreciate your help If you know a platform that also offers an API and doesn’t take this fee, or if you know to explain why I pay it. Thanks! submitted by /u/Miserable_Phrase6462 |
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