GMGN, also known as GMGN.ai, is an AI-powered platform designed for trading and analyzing cryptocurrencies, with a primary focus on meme tokens. The platform operates on multiple blockchains, including Solana, Ethereum, Base, BSC, and BNB Smart Chain, and provides a suite of tools for rapid trade execution, copy trading, on-chain data analysis, and automated trading strategies. ^{[12] [13] [2]}

Overview

GMGN was founded in June 2023 by a team that included co-founder Haze, who identified a need for an on-chain trading tool with a more intuitive user experience than existing Telegram bot-based solutions. ^{[14] [9]} The project's name is an abbreviation of "Good Morning, Good Night," reflecting its goal of providing continuous, round-the-clock service to traders globally. ^[14] The platform's development philosophy emphasizes long-term value creation, product stability, and responsiveness to community feedback, with the stated goal of making cryptocurrency participation more accessible. ^{[12] [7]}

Initially developed for the Ethereum blockchain, the team pivoted to prioritize the Solana network in January 2024, citing its transaction speed and growing ecosystem as better suited for the fast-paced nature of meme token trading. ^[9] The platform is designed to serve meme coin traders, token "snipers" who aim to buy new tokens at launch, and users interested in social trading features like copy trading. The company is based in Singapore. ^{[1] [2]}

History

The concept for GMGN originated in 2023 when co-founder Haze, an experienced trader, sought to create a more accessible and user-friendly on-chain trading tool. The project was officially founded in June 2023, and the name "GMGN" was suggested to resonate with the crypto-native community. ^{[9] [7]} The project's official X (formerly Twitter) account was established in May 2023. ^[11]

After an initial development phase on Ethereum, the team shifted its focus to Solana in January 2024. GMGN officially went live on the Solana network in May 2024, gaining early traction through its dashboard and smart money analysis features. The launch of its "Insider Wallet" detection function during this period was a significant catalyst for user adoption. ^[9]

In November 2024, the platform experienced a period of rapid growth, with transaction volume increasing by 600% over two weeks. This surge in demand led to significant technical challenges, including server instability. ^[9] On December 26, 2024, GMGN announced a product update that added a new filtering function for contract addresses and keywords, and revealed that its mobile app would soon be available on Google Play. ^[15]

In January 2025, the platform hosted a MEME trading competition with a 60,000 USDT prize pool. ^[16] On January 10, 2025, the company formally announced the launch of its platform, GMGN.dev, through a press release. ^[2]

The platform faced a major security challenge in April 2025 when it became a primary target for Maximal Extractable Value (MEV) sandwich attacks on the Solana network. In response, co-founder Haze announced the implementation of a new MEV protection feature and a compensation program for affected users in July 2025. ^[10] The platform has continued to evolve, rolling out a significant update for Solana users in September 2025 and performing server optimizations for its BNB Smart Chain integration in October 2025. ^[11]

Team

The GMGN team consists of approximately 30 individuals as of November 2024. ^[9] Key figures associated with the project include:

• Haze: A co-founder and advisor, Haze is credited with conceiving the product idea and name. Born in 1985, he entered the crypto industry in late 2017 after leaving a conventional "9-to-5" job and began working at a quantitative trading firm specializing in grid trading in 2018. He is known for his product-driven investment philosophy and emphasis on long-term value creation. Haze stated, "Our team’s core values are consistent; everyone believes that getting things done is more important than making money." His MBTI personality type is INTJ-A, and he is a reader of The Art of War and a fan of rap music. ^{[14] [7] [9]}
• Jerry Ma: The co-founder and CEO of GMGN. In a statement regarding the platform's launch, Ma said, "We saw a clear need for a tool that would help traders safely and effectively engage with the meme token market... with GMGN.dev, we’re providing traders with the resources they need to succeed." ^[2]

The team's culture is described as technically driven and focused on deep product refinement rather than rapid scaling. Haze has noted that the product manager is a reader of the Tao Te Ching, reflecting the team's blend of strategic and philosophical thinking. ^[14]

Technology and Features

GMGN provides a web-based application, mobile app, and integrated Telegram bot that offer a range of tools for token discovery, analysis, trading, and security. ^[13]

Platform Architecture

GMGN offers two distinct modes for user interaction, balancing speed and security:

• Plugin Wallet Mode: A non-custodial option where users connect their own wallets, such as Phantom or MetaMask. This mode requires users to manually authorize each transaction, providing a higher level of security as private keys are not stored on GMGN's servers.
• TG Bot Mode: A custodial option that stores user private keys on GMGN's servers. This mode is designed for advanced users who prioritize high-speed execution and the use of automated trading strategies.

This dual-mode approach was highlighted as a key security differentiator, particularly after a competitor reportedly experienced a breach related to the insecure handling of private keys. ^[9]

Mobile Application

On December 26, 2024, GMGN announced that its mobile application would be launched on Google Play, with an iOS version under review. The app, referred to as GMGN App 2.0, is designed to provide an all-in-one experience with features like custom metric sorting, one-tap social views, and batch renaming for wallets. ^{[15] [12]}

Token Discovery and Analysis

The platform incorporates several features to help users identify and evaluate new trading opportunities:

• Trenches: A real-time feed that displays newly launched tokens with key metrics such as market capitalization, trading volume, and age. It integrates heavily with token launch platforms like Pump.fun and includes a "Pump Livestream Filter."
• Smart Money and Insider Tracking: This core functionality allows users to monitor the wallet activities of successful traders, Key Opinion Leaders (KOLs), and early investors. The "Insider Wallet" and "Mouse Warehouse" (鼠仓) features, which help detect potential insider trading activity, were instrumental in the platform's growth.
• Wallet Radar: A tool that scans token holder lists to identify influential wallets based on shared holdings and high profitability, allowing for instant tracking and copy trading.
• Suspicious Wallet Tagging: The platform employs a "Fish" system to flag wallets exhibiting suspicious on-chain behavior, such as synchronized operations across multiple addresses. It also uses a "Sniper" icon to mark developer wallets involved in a token's initial distribution.
• FOMO Alerts: A notification system that alerts users to newly launched tokens that are gaining significant market traction.
• X Tracker and SnipeX: Additional tools designed for advanced token discovery and sniping.

These discovery and analysis tools are designed to provide traders with an informational edge in the fast-moving meme token market. ^{[12] [13] [9] [2]}

Trading and Automation

GMGN offers advanced trading functionalities aimed at improving execution speed and enabling automated strategies:

• Fast Trading: The interface is optimized for rapid execution of buy and sell orders on decentralized exchanges.
• Copy Trading: Users can automatically replicate the trades of designated "smart money" wallets. A "CopySignal" feature also allows for copy trading based on signals from specific channels.
• AFK (Away From Keyboard) Automation: This feature allows users to set up automated trading rules that execute based on pre-defined conditions without manual intervention. This includes auto-buy, auto-sell, limit orders, take-profit, and stop-loss settings.
• Advanced Order Types: The platform supports Trailing Take Profit and Trailing Stop Loss orders to dynamically manage positions.
• Multi-Wallet Trading: The platform supports simultaneous trading across multiple wallets, with options for both instant execution and delayed trading to avoid detection as a single bot entity. It also supports multi-wallet limit orders.
• Conditional Auto-Buy: A specific automated strategy, "Auto Buy When Dev Sell," triggers a purchase if the token's developer is detected selling a significant portion of their holdings.

These features cater to active traders who require speed, efficiency, and automation. ^{[12] [13] [11]}

Security Features

To address the high risks associated with the meme token market, GMGN has integrated several security-focused tools:

• Automated Contract Security Checks: The platform automatically analyzes smart contracts for common vulnerabilities, checking if the liquidity pool (LP) is burned, the contract is renounced, a mint function exists, or if it is a potential honeypot.
• Rug Pull Warnings: The system provides real-time alerts for tokens that exhibit characteristics of a potential rug pull.
• MEV Protection: Following a period of intense MEV attacks, the platform implemented a feature in July 2025 to protect users from manipulative trading tactics like sandwich attacks.

These security measures aim to enhance trader safety and mitigate financial losses from scams and exploits. ^{[12] [10] [2]}

API and Integrations

GMGN provides a suite of APIs for developers and partners to integrate the platform's functionalities into their own applications. This includes trading APIs for the Solana, Ethereum, Base, and BSC networks. The platform also offers an API to integrate its price charts into third-party websites and requires partners to whitelist their IP addresses for data crawling. ^[13]

Security and Challenges

MEV Sandwich Attacks

In April 2025, the Solana ecosystem experienced a significant wave of MEV sandwich attacks, and GMGN was disproportionately affected. A sandwich attack involves a malicious bot placing trades before and after a user's transaction to profit from the induced price slippage, causing losses for the user. According to data from AI Invest, GMGN accounted for approximately 30.8% of the over 260,000 sandwich attacks that occurred on Solana during a 30-day period, making it the most impacted application relative to its trading volume. ^[10]

In response, co-founder Haze announced on July 8, 2025, the launch of a new MEV protection feature. Alongside this technical solution, the company established a compensation program to reimburse users who incurred losses from sandwich attacks while the protection feature was enabled. Haze stated, "If it has been verified that MEV was enabled [during the attack] and you were sandwiched, we will compensate you." ^[10]

Platform Stability

The platform's rapid user growth in November 2024 led to significant scalability challenges. The surge in transaction volume, combined with crawler attacks, caused the platform's servers to crash six times in four days. This period of instability highlighted the technical difficulties of supporting a rapidly expanding user base in the volatile crypto market. The team's development priorities subsequently focused on improving trading stability, speed, and the reliability of its infrastructure. ^[9]

Market Position and Adoption

As of November 2024, GMGN reported a daily revenue of over $700,000. The platform has cultivated a substantial user base, particularly within the Chinese-speaking market, and its official X account had over 111,400 followers as of October 2025. The project's primary competitors in the on-chain trading tool space include DEXX, BullX, and Fountain. ^{[9] [11]}

Community and Ecosystem

Trading Competitions and Events

GMGN actively engages its community through events and competitions. In January 2025, the platform held a MEME trading competition that ran from January 20 to January 26, offering a total prize pool of 60,000 USDT to participants. ^[16]

Referral Program

The platform operates a referral program that allows users to earn rebates by referring friends. The program offers up to 30% in rebates and provides tools for sharing transaction profits and earning commissions by inviting GMGN bots to Telegram groups. ^[13]

Partnerships and Educational Content

GMGN has engaged in partnerships with crypto influencers, such as @vibed333, to promote the platform's use on the BNB Smart Chain. ^[11]

The team also collaborated with a group of prominent KOLs to publish the "From $0 to $10 Million Meme Operation Guide," a comprehensive document on meme coin trading strategies. Collaborators on the guide included @0xcryptowizard, @CryptoDevinL, @BTCdayu, @0xSunNFT, @hexiecs, @corleonefnf, @Unipioneer, and @yuyue_chris. ^{[14] [7]}