Is GMGN custodial? Who holds your funds?
Yes. GMGN is custodial: the venue holds your funds on your behalf.
Checked 2026-10-16 · 3 sources- GMGN's bots auto-generate Solana, EVM and Tron wallets. Its docs say private keys cannot be exported from any GMGN wallet, including imported ones. Withdrawals go through the website with Google Authenticator and a whitelist.
- With a custodial venue you rely on it to stay solvent and to honour withdrawals.
- We list 2 reported incidents for GMGN on its legit check.
Sources: GMGN Docs: GMGN Fees & Settings · GMGN Docs: Cooperation-Referral, refer friends to earn rebate · GMGN Docs: Referral Link. The venue's own page wins if it disagrees with ours.
GMGN
Trading terminal · 2% round trip. GMGN is a multichain memecoin terminal and Telegram bot suite with smart-money tracking, copy trading and sniping. It charges a flat 1% per trade.
Full GMGN sheet: fees, custody, incidents →