Compare
Trojan vs Photon
Trojan and Photon side by side — fees, cashback, chains and who holds your keys, plus what a trade actually costs on each.
The two, side by side
| Trojan | Photon | |
|---|---|---|
| Each buy/sell | 1 % | 1 % |
| Sign-up | none | none |
| Cashback | 20 % | none |
| Keys | Bot | You |
| Chains | Solana, Hyperliquid perps | Solana |
What one trade costs (buy + sell)
| Your trade | Trojan | Photon |
|---|---|---|
| $100.00 trade | $1.60 | $2.00 |
| $500.00 trade | $8.00 | $10.00 |
| $2,000.00 trade | $32.00 | $40.00 |
Platform fee only, entry cashback tier. Run your own numbers on the cost board.
Which one should you pick?
On a $5,000 trade, Trojan is the cheaper of the two. Beyond cost it comes down to which fits how you trade — here's each in short.
Trojan — Fastest Telegram bot
Trojan is the largest Solana Telegram bot by volume and the quickest at filling orders from a chat. Limit orders, DCA and copy trading are all a tap away. It is Solana-only and, like every Telegram bot, holds your wallet for you. Every user pays 1 % and gets 20 % of fees back as cashback.
Photon — The simple one
Photon has been around since 2023 and keeps things simple. It is stable, well documented and easy to learn, but it offers neither a referral discount nor cashback, so you pay the full 1 % on every trade, and it has fallen behind the others on features in 2026.