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Answers to the most common questions about Shotgun.

Account & Login

Shotgun supports two ways to sign in:
  1. Phantom - sign in with your Phantom account
  2. Google - sign in with your Google account
Turnkey is a wallet infrastructure provider that handles authentication and key management. When you sign in with Google, Turnkey creates an embedded wallet for you - your private keys are encrypted with your password and Turnkey cannot access them. When you connect an existing wallet, your keys never leave your wallet.
No. Shotgun cannot recover your password. Your password encrypts your private keys - without it, the keys cannot be decrypted. This is by design to ensure your funds are fully in your control.If you still have your private keys, you can restore your wallet in any compatible wallet app (Phantom, Solflare, etc.) and recover access to your funds.
Go to Wallet Management - Export Private Key - Copy Private Key. Store it safely offline - never digitally.

Fees

Shotgun charges a flat 1% platform fee on every trade. This fee applies uniformly across all order types - Market, Limit, Instant Trade, and Convert.Every trader on Shotgun earns cashback on that 1% fee - starting at 50% and scaling up to 100% based on your lifetime trading volume.In addition, every Solana transaction requires a network fee (Priority Fee + optional Bribe) paid directly to Solana validators. You set these amounts yourself in the transaction settings.
Yes. Shotgun offers up to 100% SOL cashback on platform fees, starting at a base rate of 50%. Cashback is earned on every trade and paid out in SOL.
  • Priority Fee - extra payment to Solana validators to process your transaction faster, especially during congestion
  • Bribe - additional tip paid to block builders (Jito) to prioritise your transaction; also helps with MEV protection
  • Slippage - the maximum % price change you’ll accept between submitting and executing a trade; not a fee, but affects your effective execution price

Trading

Common reasons for failed transactions:
  1. Slippage too low - the price moved more than your slippage tolerance before confirmation; increase slippage and retry
  2. Insufficient SOL for fees - you need SOL to cover network fees, even when selling tokens
  3. Priority fee too low - during high congestion, increase your priority fee to improve success rate
  4. Token has sell restrictions - some tokens have a freeze authority or high sell tax that prevents selling
Slippage is the difference between the price you expect when you submit a trade and the price at which it actually executes. If the price moves more than your slippage tolerance during confirmation, the transaction is cancelled.
  • Too low - frequent failed transactions
  • Too high - you accept a worse price than expected
For most Solana tokens, 1-3% slippage is a good starting point. For new launches or low-liquidity tokens, you may need 5-20%.
MEV (Maximal Extractable Value) is a technique where bots detect your incoming transaction and place their own buy before yours, then sell immediately after - forcing you into an instant loss (called a “sandwich attack”).MEV Protection routes your transaction through protected channels to prevent bots from seeing it before it confirms.
  • Enable MEV Protection when trading tokens with high activity or during volatile market conditions
  • MEV Protection is most important for buy transactions
  • It may slightly slow execution in exchange for better trade safety
Limit orders on Solana are managed by Shotgun’s order system. When your trigger price is reached, Shotgun submits a market order on your behalf. Execution is not 100% guaranteed during extreme volatility or network congestion - but Shotgun’s infrastructure is optimised for reliability.

Portfolio

Your Portfolio shows the current market value of your token holdings, updating in real time as prices move. Differences between portfolio value and wallet balance can occur because:
  • Token prices fluctuate constantly
  • Unrealized PnL is reflected in portfolio value but not SOL balance
  • Dust positions may appear in your wallet but be filtered from the portfolio view
Burn Token in the Token Holdings tab to instantly convert small token balances that are too small to sell into SOL. This keeps your wallet clean and clutter-free.

Referral Program

Shotgun has a 5-tier referral system with earnings across 5 levels deep. Your tier is determined by how many active referrals you have:
TierRequirementTotal Rev Share
ScoutBase tier30%
Operative10+ active referrals35%
Commander25+ active referrals40%
Warlord50+ active referrals45%
Overlord100+ active referrals50%
Your unique referral link is available in the Refer section of the platform. Users who sign up through your link receive a permanent 10% trading fee discount.
A referral is counted as active once they have completed at least one trade on Shotgun.
No. Referral rewards are unlimited - the more volume your network generates, the more you earn. Note that once a referred user reaches 100% cashback and no longer pays platform fees, your referral earnings from that user will stop.

Security

Non-custodial. Shotgun never holds your private keys. If you use Phantom, your keys stay in your wallet. If you use Google login, your keys are created and encrypted by Turnkey using your password - Shotgun and Turnkey cannot access them.
Do not share it. This is a scam. No legitimate Shotgun team member, support agent, or moderator will ever ask for your seed phrase, private key, or password. Report the account in the official Shotgun Discord immediately.

Monetization

Shotgun relies on Payment-For-Order-Flow (PFOF) mechanisms, mainly gas rebates and non-toxic backruns, to sustain high cashback offerings. As proven by TradFi giants like Robinhood, these systems provide enough fuel to grow and scale. All other terminals have access to these revenue streams, but choose to double dip on your flow and maximize extraction. We don’t.
The following are the addresses to which the fees will be sent. Whenever you find a transfer made from your wallet to one of these addresses, this would a fee payment to Shotgun.fun.
ChainAddress
Solana2E2ArNAgAa3rAsvePbDw6hzVPtKeVNjVAW46U2zVXcqn