How a Solaya Trading Agent Operates

Agent & Vault Creation

When you create a trading agent, Solaya automatically arranges a secure on-chain vault for your assets through the following process:

1. Vault Initialisation & Creation

   • A single on-chain transaction from your wallet creates the vault, transferring assets directly into it and deducting 0.02 SOL to cover on-chain vault operational costs such as initial setup and swap fees.

   • In the same transaction, the vault is assigned a unique ID derived from the agent’s public key, as generated by our backend.

   • Ownership of the vault remains solely with you; only you can withdraw funds, while the agent is authorised solely to initiate swaps.

2. Initial Deposit & Rebalancing

   • Upon vault creation, you deposit two tokens—for instance, SOLAYA and SOL—in any ratio.

   • If the ratio is not 1:1, Solaya automatically conducts rebalancing by trading one token for the other to achieve an even starting position for your strategy.

3. Vault Activation

   • Once the vault is funded and on-chain confirmation is complete, our infrastructure promptly detects the new vault and notifies our execution servers that the vault is active and ready for trading.

   • The agent immediately begins tracking real-time market data and is prepared to execute trades based on your chosen strategy.

Strategy Execution Flow

Every trading agent utilises up-to-date market information—covering token prices and account balances—to decide when to buy or sell. If the agent identifies a promising trading opportunity:

1. Trade Routing

   The agent secures the most favourable trade route from Jupiter, a Solana-based liquidity aggregator that accesses multiple DEXes for liquidity.

2. Atomic On-Chain Swap

   The trade occurs within one atomic transaction:

   • Funds temporarily leave your vault and are sent to a specially assigned, single-use wallet created exclusively for the swap. A new temporary wallet is generated for each swap, which provides an extra layer of security as the agent or any unauthorised party cannot simply withdraw funds.

   • The swap finalises on-chain.

   • Funds, including any newly acquired assets or remaining tokens, are returned directly to the vault.

3. Transaction Fee Handling

   • Solana gas fees are deducted directly from the swap to keep the agent operational for subsequent trades.

   • A small trading fee is taken from the swap’s proceeds to support the platform.

4. Ongoing Monitoring

   • Vault balances update after each trade to reflect gains, losses, and the current allocation of tokens.

   • The agent remains active, continuously scanning for the next opportunity.

Stop Loss (Currently In Development)

A stop loss feature is currently in development that will attempt to close positions once prices falls below a user-defined threshold. Although this won't guarantee protection, it should help to reduce the likelihood of unexpected losses. Further details will be provided once development has completed.