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GMGN vs Photon: fees, copy trading and Memescope

GMGN vs Photon: fees, keys, Trenches vs Memescope, wallet tracking, copy trading and order types, sourced and dated, with clusterz as a third column.

GMGN is a multi-chain platform: web, phone apps, Telegram bots and an API, with copy trading and a wallet tracker that takes thousands of addresses.

Photon is a Solana web terminal with Phantom sign-in and a new-launch view called Memescope.

The Photon docs we cite are from 2024, and only its X posts are recent, so its column is thinner than GMGN's.

We build clusterz, so we are not neutral. We sit in the third column, and every fact about GMGN and Photon carries its source and date.

GMGN, Photon and nine more apps in one table: the best memecoin trading apps, compared.

GMGN vs Photon at a glance

GMGN Photon clusterz
Form Web, Telegram bots per chain, iOS and Android apps, API Web terminal by Tiny Astro, Phantom sign-in Web app, also in your phone's browser
Chains Several, and its sources differ: its site names Solana, BSC, Base and Ethereum, its App Store listing 13 chains (8 November 2026) Solana (DefiLlama lists Solana only) Solana only
Keys Docs describe a wallet GMGN creates. Telegram wallet page: key export "prohibited" (January 2026). App Store listing: "self-custodial wallets" A separate trading wallet, its key shown once at creation (2024 docs) Self-custody Main wallet, key export any time from Account. The server holds the Copy wallet
Trading fee 1% per transaction (August 2025, January 2026) 1% per buy and sell (May 2024 docs) 1% on trades you place, 0.2% on copies and snipes
Cashback No trader cashback in their docs Not in their docs 25% of the fee, every account, same transaction
New-launch view Trenches: New, Almost bonded, Migrated Memescope, with Pump, Meteora DBC and Stonk launches (X, September 2026) Trenches: New, Soon, Graduated
Wallet tracking Wallet Tracker, bulk import up to 2,000 addresses, Smart Money and KOL labels Wallet tracking and KOL trades on charts (X, July 2026) 5,700+ tracked wallets, alts linked into clusters
Copy trading Yes, on Solana: up to 10 tasks, TP/SL, filters (January 2026) Not in their docs Yes: a trader, a list, a cluster or a dev
Play money Not in their docs Not in their docs Practice: 1,000 USD worth of SOL, free
Exits and orders Limit orders, trailing TP and SL Limit orders (buy dip, stop loss, take profit), DCA (2024 docs) Take profit, stop loss, trailing stop, steps, profit lock, automatic stop loss

Both were checked on 8 November 2026, but the sources differ in age: GMGN's pages run to March 2026, the Photon docs we cite stop in 2024. "Not in their docs" means we read their docs and found nothing on it. That does not prove they lack it.

GMGN vs Photon fees

On paper they match. GMGN lists 1% per transaction on its fees page (August 2025) and its copy trade page (8 January 2026). Photon's docs list 1% per buy and sell (May 2024).

We found no trader cashback in GMGN's docs or in Photon's. GMGN pays referrers 10% to 30%. Photon's fee may have changed since 2024, so check its site before you decide on price.

clusterz also charges 1% on trades you place, but copies and snipes pay 0.2%, and every account gets 25% of every fee back in the same transaction. See Fees.

GMGN Trenches vs Photon Memescope

Both show new launches live. GMGN's Trenches splits them into New, Almost bonded and Migrated (hotkeys page, 26 March 2026); its filter names are not in its docs.

Photon's Memescope filters, per its 2024 docs, include top 10, socials, curve progress, holders, dev holding, liquidity, volume, market cap and txns, and Photon says on X (14 September 2026) that Memescope carries Pump, Meteora DBC and Stonk launches.

clusterz Trenches has New, Soon and Graduated, with filters per column and holder checks on every card.

Where GMGN is ahead of Photon

  • Copy trading, documented. On Solana, up to 10 tasks, with TP/SL and filters. Photon's docs do not cover it.
  • A bigger wallet tracker. Bulk import up to 2,000 addresses, Smart Money and KOL labels, a "Suspected Insider" label on a token's holders, and Wallet Radar for holders shared across up to 10 tokens.
  • Chains, apps, bots and an API. Solana, Ethereum, BSC, Base and more, with native iOS and Android apps.
  • Trailing TP and SL, plus Callouts and an X Tracker.
  • Fresher docs. GMGN's pages run to 2026. The Photon pages we cite are from 2024.

Where Photon is ahead of GMGN

  • Keys. Photon's 2024 docs show the trading wallet's key at creation. GMGN's Telegram wallet page says key export is "prohibited", though its App Store listing says "self-custodial wallets".
  • Documented Memescope filters. GMGN's Trenches filter names are not in its docs.
  • Phantom sign-in, if you already use Phantom.

Where clusterz is different

Alts fire as one signal. GMGN and Photon track wallets by address. clusterz links a trader's alt wallets into a cluster, from SOL sent between them, a shared funder or trading together.

When enough alts from one cluster, usually 3, each buy the same token for $10 or more within 30 minutes, one cluster buy fires on the Map. See wallet clusters.

Cheaper copies. GMGN's copy trade page lists 1% per transaction. Copy Trade on clusterz copies a trader, a list, a cluster or a dev at 0.2%, 0.15% net after cashback.

Your key, any time. Export your Main wallet's key from Account whenever you like. See Account and security.

Play money first. Neither GMGN nor Photon documents a play-money mode. Practice gives you 1,000 USD worth of SOL against the live market, free.

What we lack: no limit orders, no DCA, no native app, Solana only. You buy at market and sell at market or by your exits.

GMGN or Photon: which one fits you

You want to copy trade and import your own wallet list. GMGN.

You trade on more than one chain, or from a phone app or Telegram. GMGN.

You stay on Solana and sign in with Phantom. Photon.

Holding your own key matters most. Read GMGN's wallet docs first. Photon shows its trading wallet key once. clusterz lets you export any time.

You want alts as one signal, cheap copies, or a practice run first. clusterz. Start in Practice and go Live when your setup holds up.

GMGN vs Photon FAQ

Is GMGN or Photon cheaper?

Both list 1%: GMGN per transaction (August 2025), Photon per buy and sell (May 2024). We found no trader cashback for either. clusterz charges 1% on trades you place and 0.2% on copies and snipes, with 25% back to every account.

Does Photon have copy trading like GMGN?

GMGN documents copy trading on Solana, up to 10 tasks (8 January 2026). It is not in Photon's docs (checked 8 November 2026). clusterz Copy Trade copies a trader, a list, a cluster or a dev.

What is the difference between GMGN Trenches and Photon Memescope?

Both list new launches live. GMGN Trenches uses three columns, New, Almost bonded and Migrated, and its filter names are not in its docs.

Memescope's 2024 docs list filters such as top 10, socials, curve progress and dev holding. clusterz Trenches has New, Soon and Graduated.

Can you export your key on GMGN or Photon?

GMGN's Telegram wallet page (8 January 2026) says private key export is "prohibited", while its App Store listing says "self-custodial wallets".

Photon's 2024 docs show the trading wallet's key once, at creation. On clusterz you export your Main wallet's key any time from Account.

Sources, checked 8 November 2026

More on each: clusterz vs GMGN, clusterz vs Photon, and all ten side by side on the overview. Facts change fast. Spot something out of date? Tell us on Discord.