Trading on Terminal

The Real Order-Type List

Terminal's order enum contains eleven entries. Several of them are live in the app and we found no documentation covering them, which is part of why third-party feature lists disagree with each other. The table below is transcribed from the shipped bundle, with the interface labels next to the internal names.

Exit Strategies and Position-Based Sizing

The feature Terminal is genuinely good at is leaving a position. An Exit Strategy attaches up to five independent take-profit or stop-loss conditions to a single buy order, each one sized as a percentage of the live position rather than a fixed token amount. If the position shrinks because one condition already fired, the rest rescale themselves. The old documentation described position-based limit orders as available in Terminal only, and whether or not that claim still holds against every rival, the auto-rescaling behavior is the part that matters in practice.

Two constraints to plan around. All conditions execute as market sells, so your slippage setting applies to every exit as well as every entry. And an Exit Strategy cannot be edited after the order is confirmed. Get the ladder right before you press the button, or cancel and rebuild it. The full walkthrough is in Terminal order types and exit strategies.

Sell Initials is the other exit worth knowing: one click sells exactly enough to recover your original stake and leaves the rest riding. It is Solana only and requires the position to be in profit. The Raydium Migration Sniper is its mirror image on the entry side, pre-setting a buy or sell that fires the instant a pump.fun token migrates, tracked in its own Snipes tab.

Trenches, the Discovery Surface

Trenches is the most heavily built surface in the app, judged by how much of it there is. It is a three-column bonding-curve terminal covering New, Almost Bonded and Recently Bonded tokens, with saved filters on market cap, volume, top-10 holder concentration, insider holding percentage, bonding progress, dev holdings and token age. Around nineteen card metrics can be toggled on or off, custom sound alerts fire on filter matches, and a dev blacklist holds up to 200 addresses so creators who have already rugged you never appear again.

Alongside it sit Trending, a watchlist, price alerts, an Alpha Tracker pulling callouts from Discord, Telegram, X and pump.fun, an X feed and a news panel. The last four are all live in the app and we found no documentation covering them. The safety layer on each token card includes bundle analysis, dev and insider holding percentages, dev funding source, fresh-wallet buys, bot transaction detection, a liquidity-lock icon, a freeze-authority warning and token tax display. On Ethereum and Base the card surfaces an AI contract check, and on EVM chains generally it surfaces a honeypot check. Those checks come from third-party services rather than from Terminal, they are screening heuristics rather than verdicts, and a clean result is not a guarantee about a token. Our Trenches guide covers which filters are worth setting.

One caveat on wallet tracking. A widely repeated claim is that the tracker is powered by Kolscan. We found no Kolscan integration in the bundle we read on 6 August 2026. What we did find is Padre's own tracker with a Cielo Finance integration. Kolscan was a separate pump.fun acquisition in July 2025 and still runs as its own product.

Execution Presets, Inferno Mode and MEV

The archived documentation describes presets called P1, P2 and P3. The live app calls them Normal, Fast and Ultra, plus Inferno. If a guide elsewhere still says P1, it was written against the old docs. Each preset bundles a priority fee, a tip and a slippage tolerance. Defaults sit around 0.001 SOL of priority fee for trades and tips between 0.0001 and 0.001 SOL, rising to 0.012 SOL in Inferno.

Inferno mode is Solana only and works by broadcasting one transaction to bloXroute, NextBlock, Temporal and Jito at the same time. A custom program finalizes whichever route lands first and discards the others, so the tip is paid once, on the winner. It is not user-adjustable. Worth knowing: Jito appears nowhere in the app as a user-facing setting, and the Tip field is generic, described only as SOL paid directly to block builders.

MEV protection defaults to on. It is available on Ethereum, BNB Chain and Solana, and the documentation states plainly that it is not available on Base. Inferno, the Tip field, Sell Initials, the migration sniper, bundle analysis, fresh-wallet buys and bot detection are all Solana-only features.

When an execution does not land, the app returns a string rather than an explanation, and the strings are terse enough to be misread. Slippage Too Low and Trade Limit Exceeded have completely different fixes, and Pool Bonded is not a failure at all. We went through what Terminal's error messages actually mean one at a time, with the real cause behind each.

What Terminal Is Not Good At

Frequently Asked Questions