Copy trading is the practice of automatically mirroring another wallet’s trades, normally chosen after reviewing that wallet’s track record. Banana Gun, a non-custodial Telegram trading bot, added Day One copy trading support for Arc, the layer-1 blockchain built by Circle, the company behind USDC. Arc is new enough that no wallet on it has a meaningful trading history yet, so the trader has to substitute something else for reputation.
What copy trading normally rests on
Copy trading works because a wallet’s history tells you something real. A wallet that has closed dozens of trades with a consistent pattern has shown its judgment under live conditions. That history is the entire basis for deciding who to mirror.
On a brand-new chain, that basis is gone. Every wallet trading on Arc is working from a short history, with nothing predating the chain itself.
No wallet there has a multi-week record, a drawdown to study, or a pattern of tokens it avoids.
Why does Arc have no wallet history to check?
Arc is a new chain, so every wallet on it started from zero with no prior history to inherit.
Gas on Arc is paid in USDC. There is no separate native gas token, so a wallet’s balance history reads as stablecoin movement rather than the token swings you would track on an older chain.
CCTP mints native USDC on Arc once Circle attests the transfer, so a wallet showing a large balance on day one may have simply bridged funds in rather than traded its way there. Size alone proves nothing about skill.
What filters replace reputation on a Telegram trading bot?
Since no wallet has a record to vet, the trader sets constraints inside a Telegram trading bot’s copy trade tool before mirroring begins. These limits do not judge the wallet. They cap what following a bad one can cost.
Buy Fixed sets one position size for every trade the copied wallet makes, so a wallet that suddenly goes all-in on a single token does not pull a proportional share out of your balance.
Spend Limit caps the total amount copy trading can commit across a session, so a wallet on a losing streak cannot keep drawing on your funds trade after trade.
Min/Max Market Cap excludes tokens outside a size range you choose, which keeps a copied wallet from dragging you into a micro-cap it picked with no more information than you have.
Buy Only Once blocks the bot from re-entering the same token for seven days, stopping a copied wallet’s repeated buys of one token from compounding your exposure to it.
Trailing Stop Loss is a limit the trader sets, not a default. It exits a position once price falls a chosen percentage from its peak, so a copied wallet that overstays does not take your position down with it.
What checks run by default before a copied trade executes?
Alongside the filters a trader sets, Banana Gun runs its own checks on every trade regardless of whether the copied wallet is proven. Honeypot detection screens for tokens built so you can buy but cannot sell.
Anti-MEV protection lowers the chance a trade gets sandwiched between two other transactions in the same block. Anti-Rug screens for contract patterns tied to a rug pull before the trade executes.
None of these checks replace judgment of the wallet itself. They screen the token for known bad patterns, not the person you are copying for good decisions.
Banana Gun carries no supply-check or bubble-map feature. A trader who wants to see holder concentration before following a wallet in still needs a separate tool, such as Bubblemaps, which covers Arc from day one.
What these filters do not fix
A tight Spend Limit or a narrow Min/Max Market Cap will also block trades you actually wanted. Set the range to exclude a token that goes on to perform well, and the filter did its job of limiting risk while costing you the upside anyway.
None of this makes a wallet with no history a good wallet. A trader can pass every honeypot, anti-MEV, and Anti-Rug check and still lose money on bad entries, because those checks screen the token, not the decisions.
On a chain days old, catching the obvious scams is not the same claim as trading well.
Common questions
What is copy trading on Arc?
Copy trading on Arc means automatically mirroring another wallet’s trades on a network that is still new. Because every wallet on Arc is new, a trader cannot vet the copied wallet’s past results and instead relies on preset filters and default checks to limit downside.
Does Banana Gun support copy trading on Arc?
Yes. Banana Gun, a non-custodial Telegram trading bot, announced Day One support for Arc covering sniping and copy trading. Authentication runs through Privy using a Google, X, or Telegram account, and the bot never holds a trader’s keys, though it uses them to sign what the trader authorizes.
What stops a copied wallet from draining my funds on a new chain?
Filters set before copying starts limit the damage. Buy Fixed caps position size, Spend Limit caps total exposure across a session, Min/Max Market Cap excludes tokens outside a chosen range, and Buy Only Once blocks repeat entries into the same token for seven days after the first buy.
Do Banana Gun’s default checks guarantee a safe trade?
No. Honeypot detection, anti-MEV protection, and Anti-Rug run by default on every trade, but they screen the token’s contract for known bad patterns, not the copied wallet’s judgment. A wallet can pass every check and still make poor entries, especially on a chain with no trading history yet.
