Copy Trade DLMM

DLMM auto copy trading!

Want to automatically copy DLMM trades from top wallets using your own size and strategy? The Valhalla bot allows you to copy entries and exits of other wallets trading Meteora DLMM pools in real-time.

To begin:

Run /valhalla start and fund your wallet.

  • You will need to enter a referral code to proceed. Ask someone in the community to provide theirs or type /start to generate your own.

Run /valhalla export_keys to secure your keys with a PIN.

  • Run the command again, select the passcode option, and write down the code. This ensures your funds are safe if your Discord gets compromised.

Run /valhalla settings_dlmm and click Follow Wallet.

  • Choose a wallet that actively trades DLMMs. Use /valhalla top_trade_wallets to view recommended traders.

  • You can also explore new wallets using the guide pinned in our strategy channel.

Set the max size and copy ratio for the wallet you followed.

  • You can also configure advanced controls (see below after image).

Click Turn On — and you're live!

Ratio trading helps you scale positions relative to the wallet you're copying.

Example Setup:

A general rule of thumb is to just take the total SOL you have, divided by the total amount of SOL your target wallet has (including open positions). So if you have 5 and they have 100 sol, then 5/100 = 5% ratio.

This helps avoid going all-in on small positions and prevents outsized exposure.

Image below shows how to set-up Ratio Trading.

Advanced Configuration

Within /valhalla settings_dlmm, you'll find deeper controls:

  • Set Max Open Positions (e.g. 4)

  • Set Min Token Age (default: 30 minutes)

  • Set Min Token Market Cap (default: $500k)

  • Set Jupiter Organic Score

  • Single Pool Per Token

These filters help reduce risk by avoiding newly launched or highly illiquid tokens.

You can also copy up to 4 different wallets, each with its own unique settings. This allows for tailored strategies across wallets based on their risk profile or purpose. For example:

  • One wallet can have SOL Only Mode enabled, while another operates with it disabled.

  • A safer wallet may be set with 0 Jup Organic Score to allow full flexibility.

  • A degen wallet can have a minimum Jup Organic Score threshold to avoid risky trades.

This setup ensures each wallet functions according to your custom strategy.

Manual Commands

  • /valhalla close_dlmm_positions — Closes all open DLMM positions.

  • /settings — Adjust the max fee paid to Jito. Default is 0.001 SOL (~17¢). You can lower this to 0.0001 to reduce costs.

Bot Behaviour and Logic

Max 20 positions at a time. We will NOT copy:

  • If the wallet adds liquidity to an existing position (feature coming soon).

  • If the claim fee is under $2.

  • Manually opened DLMMs — they will be auto-closed to avoid desync.

If a swapping error occurs, we retry with Jupiter Ultra, which is more consistent but charges 0.1% and may cause slippage.

Notification and PNL Tracking

  • The bot will DM you each time a trade is executed or closed.

  • You'll receive PNL Images to visualize profits/losses.

To enable DMs:

  • (A) Turn on DMs for the server, or

  • (B) Click the Valhalla Bot in the user list → Click avatar → Message icon → Start chat → Run commands directly via DM

Fees

  • We'll only copy the claim fee if it's above $2.

    • If you have a swapping error, we will retry using Jupiter Ultra, which is much more consistent, but they charge 0.1% and sometimes have higher slippage

    • We will force close any random DLMM position you open manually.

    • Also, if the target adds liquidity to a position he is already in, currently we will ignore this. In the future, we will support the addition of one liquidity add. The target can open a new position in the same coin and we'll still follow it.

Max Positions open with Timeframe

The Max Open Positions setting now supports time-based limits, allowing you to restrict how many trades per wallet can be copied within a specific timeframe (e.g., 5 trades per hour). How to use:

  1. Run /valhalla settings_dlmm

  2. Click on "More Copy Settings" and then "Set Max Open Positions and Timeframe"

  3. Choose:

    • Number of positions

    • Timeframe in minutes (e.g., 60 for 1 hour)

Max Target Wallets per Position

You can now set a limit on how many target wallets can trigger a copy trade for the same token within a certain timeframe.

New features:

  • Tracks both open and close events

  • Timeframe setting has been changed from hours → minutes for more precision

This prevents overexposure to tokens that are being simultaneously targeted by multiple wallets.

New Command: /valhalla buy_dlmm_tx

This new command lets you manually copy any live DLMM trade by entering the transaction signature and your desired SOL amount.

Example:

/valhalla buy_dlmm_tx
transaction: [TX HASH]
amount: 1.5

Works for:

  • Duplicate positions

  • Missed trades

  • Handles add/remove/claim/close actions like any normal copy

The bot will also alert you when you have insufficient balance to copy a trade. You will now receive a custom recovery command in DM. This command allows you to take the trade manually at your own convenience.

Wallet Popularity and Depletion.

When viewing wallets via /valhalla top_trade_wallets or Follow Wallet, you’ll now see how many other users are currently copying that wallet.

If a wallet you’re following drops below 1 SOL total (including open positions), you’ll now receive a DM alert that they may have exited the market or stopped trading.

Smart Token Retention Logic

The bot now:

  • Preserves accurate copy ratios

  • Dynamically calculates top-ups to existing positions

  • Prevents over-stacking of tokens if the wallet you copy partially re-enters

External Tools

  • Make sure to always have the https://lp4fun.vercel.app/ website open for both your wallet, and the wallet(s) you are copying so you can compare your current positions side by side.

  • And once every few weeks go to https://www.burnlify.com to burn old tokens / close empty accounts

Final Tips

  • Always read this before using: DLMM Risk & Warnings

  • You are 100% responsible for your funds. Copying high-risk wallets or poor sizing can result in complete loss.

  • Use ratio trading and filters for safer execution.

DAMM Copying (Experimental / Disabled for Now)

The bot now supports copying DAMM positions (Dynamic AMM), but this feature is currently disabled due to ongoing security evaluations.

When enabled:

  • You can toggle DAMM mode via:

    • /settings_dlmm → Wallet Settings → Enable DAMM

  • Position size is capped at 0.2 SOL

  • No filters: Market Cap, Token Age, Jupiter Score are ignored

  • Initialize_Pool transactions are now supported

  • /valhalla close_all_positions works for both DLMM and DAMM

  • DM/Embed labels now clearly show DLMM vs. DAMM

📌 Note: We will announce when this is officially available.

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