What is Priority Fee?
An optional additional fee paid to Solana validators to prioritize your transaction for faster confirmation during network congestion.
A priority fee is an optional extra fee you can attach to a Solana transaction to incentivize validators to process it sooner. During periods of high network activity, transactions with higher priority fees are confirmed faster.
When Priority Fees Matter
For copy trading, transaction speed directly impacts your execution price. When a whale buys a token:
- •Faster execution = closer to the whale's price
- •Slower execution = more price movement, potentially worse price
Setting an appropriate priority fee helps ensure your copy trades execute quickly.
Setting Priority Fees
In SOL Wallet Shadow, you can configure your priority fee:
- •Low — Minimal extra cost, may be slower during congestion
- •Medium — Good balance of speed and cost
- •High — Fastest execution, highest cost
Cost Impact
Priority fees are small relative to trade sizes:
- •Low: ~0.0001 SOL
- •Medium: ~0.0005 SOL
- •High: ~0.001-0.01 SOL
Even at the highest setting, priority fees are negligible compared to the value of getting a better execution price on your copy trades.