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Banana Gun

avoid.net/banana-gun→32/100·75% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

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anchored·4ksd5M…NATU

Summary

Banana Gun is a Telegram-based crypto trading bot launched in 2023 that allows users to snipe token launches on EVM chains and Solana. The project has experienced two major security incidents: a smart contract bug at token launch in September 2023 that caused the BANANA token to crash 99.7%, and a $3 million exploit in September 2024 in which attackers leveraged a Telegram message oracle vulnerability to drain 11 users. Separate, unresolved allegations from on-chain researchers claim the team arranged an exclusive order flow deal with block builder Titan that funneled millions of dollars in user bribe payments away from Ethereum validators.

Connected Entities

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□Banana Gun
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    Timeline(8 events)

    May 2023

    Banana Gun bot launches on Telegram, targeting Ethereum token sniping. Team begins encouraging high priority bribe payments to gain transaction ordering advantage.

    August 2023

    Alleged frontrunning incident during $PENGY token launch. On-chain researchers later allege that wallets connected to the Banana Gun development team sniped ahead of a user who paid $4,000 less in bribes, profiting over $100,000.

    11 September 2023

    BANANA token launches on Ethereum. Price peaks at approximately $8.70 before crashing 99.7% to $0.02 within three hours due to a smart contract tax routing bug.

    12 September 2023

    Banana Gun team dumps approximately 950 ETH from treasury wallet to drain the liquidity pool, citing the contract bug. Community alleges potential rug pull; team maintains this was remediation. ChatGPT identifies the bug in seconds after two professional audits missed it.

    September 2023

    Banana Gun relaunches BANANA token on Uniswap v2 at $6.20 open with $2.1 million in locked liquidity. Airdrop and ETH compensation plan distributed: 740 ETH refunded to 591 wallets in the first phase.

    October 2023

    Banana Gun allegedly concludes exclusive order flow arrangement with Titan Builder. Researchers later allege this arrangement enabled Titan to grow from under 1% to over 40% of Ethereum block production, while diverting millions in user bribe payments.

    19 September 2024

    Banana Gun Telegram oracle exploit. Attacker exploits a vulnerability in the bot's Telegram message oracle, manually draining ETH from 11 experienced traders' wallets. Estimated loss: $3 million. Both EVM and Solana bots taken offline.

    25 September 2024

    Banana Gun confirms full $3 million reimbursement to all 11 exploit victims from the project treasury. No BANANA tokens sold to fund repayments. Security Alliance engaged for third-party audit. 2FA and two-hour transfer delays implemented.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain15 Wayback Archivessrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 15 of 24 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:29 AM

    last updated: 8/30/2026, 5:14:06 AM

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