According to DeFiLlama, the Telegram bot Unibot captured around $665,000 in fees on 23 July, a record high, surpassing the fees captured by protocols such as Convex Finance, BSC and Pancakeswap.
Telegram bots for decentralized applications are automated programs that allow users to implement on-chain trading or farming strategies through tthe messaging app by linking wallets to the bots, or creating new Ethereum wallets within them.
Unibot stands out as the most popular Telegram bot in the niche. Unibot enables automated trading on the Uniswap decentralized exchange (DEX) with features such as snipping, which allows for instant token purchases after listing, and revenue sharing, making trading easier.