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1

AutoBoy detects the launch

AutoBoy’s realtime indexer picks up the launch using information the project shared in advance.See: How fast is AutoBoy?
2

AutoBoy checks token price

AutoBoy continuously tracks the token’s market cap to see which orders are ready to fill.See: Market Cap Calculation
3

AutoBoy executes the buy

When an order’s conditions are met (see Creating buy orders), AutoBoy swaps the user’s stablecoin funds for the token via its Uniswap pool.
4

Tokens land in the user's wallet

The tokens sit in the user’s AutoBoy wallet, ready to withdraw anytime.See: Wallets & Funds

Order Prioritization

AutoBoy always aims to give priority to ‘good’ holders. Order submission prioritisation will adapt over time and is subject to change.
AutoBoy can control the order in which it submits transactions to the RPC - but we cannot control the order in which the RPC or L2 sequencers order those transactions. For auto-buys on the open market, AutoBoy prioritizes transaction submission based on the order’s parameters:
  1. Spend amount descending: i.e. bigger orders fill first.
  2. Market cap descending: i.e. execution is attempted for orders willing to buy at the highest market cap first (where ‘No limit’ is the highest).
Market cap is a tiebreaker when two orders share the same spend amount. Examples:
  • A buy order for 200 USDC will be prioritized over a buy order for 100 USDC.
  • A buy order for 200 USDC with a max 500K MCap will be prioritised over a buy order for 200 USDC with a max 100K MCap.