Banana Gun Review 2026: Fees, the 30% Cashback, and the Refund That Defined It
Last verified: November 2, 2026 · snipes menu and Rewards screen read in the bot on November 2 · announcement channel read again, nothing newer than post #447 (NEAR, October 1) · the full rewards rulebook read in Banana Gun's own announcement channel, NEAR added as the tenth chain on October 1 · first trade done in the bot by us on September 18, receipt below · chain list and cashback terms confirmed to us by the growth lead on September 17
Already sold? Open Banana Gun on Telegram (ref link, it pays us and costs you nothing)
Or keep reading: the 0.5% fee, the 2024 refund and the Polymarket terminal are below.
Verdict: Banana Gun is the speed bot: first-block Ethereum sniping, half the market rate (0.5%) on manual Ethereum trades, and a share of its fees (40%, per the team) paid to BANANA holders.
It was hit by the worst bot exploit of 2024 (about $3M) and refunded every user from its own treasury.
Strong choice for Ethereum-first traders; ten chains since NEAR on October 1, 2026, copy trading in the bot, and a Polymarket terminal nobody else in this category has.
The facts, dated
| Item | Status, with the date of each check |
|---|---|
| Fee | 0.5% on manual buys and limit orders on Ethereum; 1% on snipes and on every other chain. No subscription. Seen on our own receipt: 0.95% on Robinhood Chain (the 1% fee, after rounding) our trade, Sept 18, 2026. The fee shows on the receipt, not on the buy panel. |
| Chains | Ten. Solana, Base, BNB, Ethereum, MegaETH, Robinhood, Stable, Arc, HyperEVM confirmed by the team, Sept 17, 2026, then NEAR on October 1, 2026, "with 0% trading fees for now" source. No Sonic, no Unichain, no Ink. One unified bot plus the Banana Pro web terminal; details folded below the table. |
| Cashback | A ladder on lifetime volume: 15% up to $50K, 20% to $250K, 25% to $1M, 30% above; every new user gets 30% for one month official announcement channel, read Oct 4, 2026. Paid in $BANANA on Ethereum, claimable from $10. Full section below. |
| Revenue share | A share of bot fees goes to BANANA holders, minimum 50 BANANA, no staking. Two versions of the schedule circulate (40% every 4 hours vs 24-hour epochs); both are in the BANANA section. |
| Custody | Fresh wallet or import your own; keys live on the bot's infrastructure. 2FA and transfer delays added after 2024. |
| Team | Pseudonymous. The token contract was audited at launch in 2023 (and the audits missed a bug, see below). |
| In-bot portfolio | Since August 20, 2026: positions, PnL and one-click exits inside the bot, with cashback, free trade credits and referral bonuses on one screen. |
| Referral | Published base of 10% of your referrals' fees, with time and volume boosts on top; all boosts are additive and capped at 70% official announcement channel. What a referrer sees in the dashboard can be higher than the base. |
| Copy trading | Live, listed in the July 2026 launch posts for Arc, Stable and Circus. Not the depth of a dedicated copy platform; see our copy trading comparison. |
| Prediction markets | BANANA PREDICT, a Polymarket terminal, live since July 7, 2026 per the pinned official post. |
| Launchpad coverage | Early on Robinhood Chain launchpads: Circus (July 21), Pools (August 6), Flap (August 14), all tradable from launch. See the Robinhood Chain tool map. |
| Size | 30,883 monthly users, the figure Telegram shows in the bot's header checked in-app Sept 18, 2026 (30,181 two days earlier). Third-party volume figures are folded below, flagged as theirs. |
| Incidents | Two, both made good: the 2023 token launch bug and the 2024 oracle exploit (details). |
More: how the ten-chain list was confirmed, and what is not on it
Nine chains came from the team on September 17, 2026. HyperEVM was announced on the official blog on September 1, 2026 source. NEAR followed on October 1, 2026, with no end date given for the 0% fee; on NEAR only buy, sell and swap are live, with limit orders, copy trading and sniping announced as coming.
Our Arc day-one map and the rest of the new-chain maps check this list against every other tool the week a chain opens. The team told us other chains can be added at any time and simply have not been, for lack of activity.
Inside the bot there is no chain list to count, by design: one EVM wallet plus one Solana wallet, and the bot detects the chain from the contract address you paste checked in-app August 20, 2026.
More: the third-party volume figures, and why we flag them
A trader publishing a bot comparison in June 2026 put Banana Gun at about $15.5B of lifetime volume and $86M of lifetime fees. We have not been able to verify either number independently, and we flag it as his, not ours.
What Banana Gun is
Banana Gun (often just called Banana bot) started as an Ethereum sniper bot on Telegram, and that is still its center of gravity.
In 2026 it is two products: the Telegram bot, and Banana Pro, a browser terminal with charts, wallet tracking and DCA on the same wallets.
If you mostly trade Ethereum launches, the 0.5% manual fee is half what Maestro, BasedBot and the Solana bots charge, and the speed comes with it. All of them sit on the same rows of our comparison table.
More: the "88% snipe success" figures, and why we do not repeat them
Third-party reviews repeat precise-sounding figures like "88% snipe success". We found no way to verify any of them, so we do not repeat them as fact.
How to use Banana Gun, step by step
@BananaGun_bot, reached from bananagun.io typed by hand, never from a DM or an ad (the FAQ explains why). Never opened a bot? Start here.
The bot gives you two: one EVM wallet for every EVM chain, one Solana wallet. You never pick a chain.
The bot detects the chain, shows the token, and offers Buy at your preset amounts. Manual buys on Ethereum cost 0.5%; snipes and other chains 1%.
Limit orders, sell presets and anti-rug settings live in Settings. Set Buy/Sell Presets once, calmly.
Withdraw profits regularly: the wallet is a trading float, not a vault.
Our first trade in the bot, with the receipt
On September 18, 2026 we funded the bot's EVM wallet with 0.01 ETH on Robinhood Chain and bought a small token, SyncNet, with 0.003 ETH. Two things to check before your first order: slippage is 25% out of the box, and the snipe panel opens with "Spend: 1 ETH" pre-filled.
The fee shows up on the receipt, not before. 0.000028 ETH on 0.00296 ETH, which is 0.95% after rounding: the 1% is real, and it is on the receipt.
More: the four things our first trade taught us, including the switched-off sniper
The bot found the chain by itself. Paste an address, it answers with the token, the chain, the DEX, liquidity, taxes and your balance on that chain. No chain menu anywhere, as promised.
The buy presets start at 0.1 ETH. The buttons are 0.1, 0.25, 0.5, 1 and 2 ETH, sized for Ethereum mainnet. On a small chain with a small balance you use "Buy X ETH" and type the amount; the bot asks for it "in format 0.001".
The defaults are aggressive. Slippage 25% out of the box, and the snipe panel opens with "Spend: 1 ETH" pre-filled. Check both before your first real order; the same rule applies to BasedBot's 50% slippage on Ethereum.
The receipt is where the fee lives. "Swap Pending" then "Buy Success" within the same minute, with value, fee, entry price and the transaction hash.
One more thing from that evening: the token panel carried the line "Snipes are currently under maintenance. They will not trigger." The bot's headline feature was switched off when we tried it. We will note here when we see it back.
On November 2, 2026, the Pending Snipes menu opened normally in the bot, with no maintenance notice on that screen (Robinhood Chain selected, no active snipe). We have not placed a snipe since, so we cannot yet say that snipes trigger again.
Is Banana Gun safe? The two incidents
September 2023: the BANANA token launch contract shipped with a bug that two audits missed; the token crashed and was relaunched with an airdrop source.
September 19, 2024: an exploit of the Telegram message oracle drained about $3M from 11 users. Everyone was refunded in full from the treasury, without selling tokens source. No incident has surfaced since.
Banana Gun paid. It remains a pseudonymous team holding your deposit on their infrastructure: only deposit what you actively trade, as the safety page explains.
More: what the two incidents say about this whole category
The 2023 bug is embarrassing, well documented, and a useful reminder that "audited" is not a safety guarantee. After the 2024 exploit the team added 2FA plus transfer delays.
Read those two stories together and you get the honest picture of this category: things break, and the teams that survive are the ones that pay users back.
The 30% cashback: what it is, and how long it lasts
"30% cashback" is on a dozen threads and affiliate posts, and not one says how long it lasts. It comes from a four-step ladder on lifetime volume, published in Banana Gun's own announcement channel, read there on October 4, 2026.
| Lifetime volume | Cashback on your fees |
|---|---|
| $0 to $50,000 | 15% |
| $50,000 to $250,000 | 20% |
| $250,000 to $1M | 25% |
| Above $1M | 30% |
The line that explains every "30% cashback" post: "During the introductory period, EVERYONE will enjoy the maximum cashback tier for a month after their first trade." No end date for that period is published.
Three rules no post mentions: cashback is paid in $BANANA on Ethereum, not in the asset you traded; you claim from $10, once every 24 hours, paying the gas; and every month you get at least one free trade credit ($25 to $50,000, 100% cashback, simple buys and sells).
More: what the growth lead said, and what our own first cashback looked like
The growth lead told us the same thing in plainer words on September 17, 2026: 30% is the opening offer, then your volume decides. And the bot agreed eight minutes after our first trade: tier bronze, "Trade $49.99K more to reach silver", rate 30%. Silver is the 20% step.
On November 2, 2026, 45 days after that first trade, the same screen still read bronze, "Trade $49.99K more to reach silver", cashback rate 30%. The introductory month has not visibly ended for our account, and Banana Gun has not published when it ends.
Our own first cashback, $0.02 from a 0.003 ETH buy, was credited within minutes and sat "below the $10.00 minimum claim". Which is the honest size of this for a small trader.
More: why a top cashback tier is expensive to reach, on any bot
A trader publishing a bot comparison in June 2026 put it at close to $1M of spot volume, and roughly $18,000 paid in fees along the way, to unlock 25% on a typical 1% bot. Cashback is a rebate on money you have already spent. It is never a discount.
In the bot: /referrals and the Rewards menu.
The BANANA angle
Banana Gun pays a share of its trading fees to BANANA holders, 50 BANANA minimum, no staking. Holding the token is optional and not required to use the bot; do not confuse the two decisions.
More: 40% every 4 hours or 24-hour epochs, the two versions, and the forfeit rule
The team told us "40%, every 4 hours, in ETH or SOL" on September 17, 2026, and the official rulebook in their channel says epochs every 24 hours, claimable in $BANANA on Ethereum, market-bought rather than printed. One of the two is out of date. The same rulebook adds a rule that matters more than the schedule: drop below 50 BANANA and every unclaimed reward is forfeited.
That makes BANANA a bet on bot volume, with all the volatility that implies (the 2023 crash proved it).
Try it
(ref link) We may earn a share of the fees the bot collects from you, at no extra cost to you. It did not change this review.
FAQ
Is Banana Gun safe?
It has the same structural risk as every Telegram bot (your deposit lives on their servers) plus the best refund record in the category alongside Maestro. The 2024 exploit was fully reimbursed. Deposit trading money only.
What are Banana Gun's fees?
0.5% on manual Ethereum buys and limit orders, 1% on snipes, 1% on every other chain. There is no monthly subscription.
How does Banana Gun cashback work?
You get back a share of the trading fees you paid, on a ladder published in Banana Gun's own announcement channel: 15% up to $50,000 of lifetime volume, 20% to $250,000, 25% to $1M, 30% above. Every new user gets the 30% tier for one month after the first trade. It is paid in $BANANA on Ethereum, claimable from $10, once per 24 hours, and you pay the gas.
Is the 30% Banana Gun cashback permanent?
No: it is the top of the ladder, given to every new user for one month after the first trade (an introductory period with no published end date; our account still showed 30% on November 2, 2026, 45 days after its first trade), after which your lifetime volume decides, starting at 15%. Posts quoting 30% without that detail are quoting a promotion as the standing rate; the ladder is in the cashback section.
Is Banana Gun the same as "Banana bot"?
Usually yes: "Banana bot" is the community's shorthand for Banana Gun, but an unrelated tap-to-earn game (Banana, by CARV) and fake "@BananaBot..." accounts imitating it to steal deposits and keys share the name. The official bot is @BananaGun_bot, reached from bananagun.io typed by hand, as in step 1 of the walkthrough.
Does Banana Gun have copy trading?
Yes, quietly: the official launch posts for Arc, Stable and the Circus launchpad all list copy trading alongside market buys and limit orders (July 2026).
It is execution-grade copying inside the bot, not a research platform; for copy trading built around choosing who to follow, see the dedicated comparison.
What is BANANA PREDICT?
A Polymarket prediction-market terminal launched July 7, 2026, per the official pinned post. Same team, same speed pitch, different market: you trade event odds instead of tokens.
It is early and we have not tested it in depth; this line will be updated when we have.
Banana Gun or Maestro?
Speed on Ethereum versus breadth of chains. Full comparison: Banana Gun vs Maestro.
New tools the week they launch. The settings and fees that quietly cost you money. Alpha I would tell a friend.
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