Bots

The Bots leaderboard is Circular’s real-time ranking of public arbitrage bots on Solana, built to answer one simple question: Which bots consistently capture the most profitable on-chain arbitrage opportunities and at what cost?

This page documents how the leaderboard works, what each metric means and how to interpret the drill-downs.

What Bots measures

Circular ranks bots using verifiable arbitrage on-chain outcomes, computed in real time:

  • Economic performance: revenue and profitability signals

  • Execution footprint: volume and transactions at scale

  • Execution quality: success rate (landing + execution consistency)

  • Market structure capture: how much of the observable flow a bot represents

Unlike surface metrics (headline volume, “trending” tokens, spoofed activity), Bots is grounded in what actually executed and what actually generated value.

What you see on each bot

Each row/card represents a bot, with a snapshot of its identity and performance:

Identity

  • Bot name + branding (when known)

Economics

  • Revenue (bot-generated revenue over the selected window)

Flow & activity

  • Volume

  • Transactions

Execution quality

  • Success (success rate over the selected window)

Adoption / presence

  • People (unique wallets associated with the bot’s observed activity)

  • Market (share indicator based on the bot’s transaction count relative to the total in the window)

Metric definitions

Below are the typical meanings used in the leaderboard:

  • Revenue: total value captured by the bot from verifiable arbitrage outcomes over the selected window (Revenue generated by arbitrage transactions, without deduction of costs).

  • Volume: total value moved through the bot’s transactions.

  • Transactions: number of transactions attributed to the bot.

  • Success: the ratio of successful executions over total attempts in the window (comparison between the total number of successful transactions and the total number of transactions, the remainder being failed transactions).

  • People: unique wallets interacting with / associated to the bot’s observed activity (useful to distinguish single-wallet bots from multi-wallet operations).

  • Market: a share indicator derived from the bot’s transaction count compared to the total transaction count in the same scope/window over the global market.

(Exact availability can depend on the time window, indexing completeness, and bot attribution confidence.)

Ranking logic

Bots are ranked by their generated Revenue over the selected window.

View Details

Clicking View Details expands a bot into a drill-down that makes the leaderboard auditable.

Top Performing Wallets

You’ll see a table such as:

  • Rank

  • Wallet

  • Revenue

  • Cost

  • Profit

  • Transactions

Where:

  • Revenue is the wallet’s captured value (verifiable outcomes)

  • Cost represents the execution cost paid to compete (fees + tips, depending on the flow)

  • Profit = Revenue − Cost

  • Transactions is the wallet’s total count in the selected window

This answers:

  • Which wallets are driving performance for this bot?

  • Is performance concentrated on one wallet or distributed?

  • What is the real cost?

  • How stable is profitability vs gross revenue?

  • How many transactions are required to achieve that edge?

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