How it worked

The connection

What a running bot consisted of, from the outside in: MetaMask, money on the wallet, a deposit into AsterDex, an API Wallet, and finally LazyEye itself. The first four steps are about the exchange and still work the way they are described here. The last part was ours, and that part has ended.

1

Install MetaMask

MetaMask is a browser wallet that lets you connect to AsterDex. If you already have MetaMask, skip to step 2.

  1. Go to metamask.io/download and install the browser extension (Chrome, Firefox, Brave, or Edge).
  2. Click "Create a new wallet", set a strong password, and write down your 12-word seed phrase on paper.
Critical: Your seed phrase is the only way to recover your wallet. Store it offline in a safe place. Never share it with anyone.
2

Fund Your MetaMask Wallet

You fund your MetaMask wallet with the USDT the bot trades with, plus a little BNB for gas fees. You do this by buying BNB, sending it to the BNB Smart Chain, and swapping most of it for USDT inside MetaMask.

  1. Buy BNB on an exchange like Coinmerce or Bitvavo.
  2. Withdraw the BNB to your MetaMask wallet address and select the BNB Smart Chain (BSC / BEP-20) network.
  3. In MetaMask, swap most of your BNB to USDT. Keep a little BNB for gas fees.
Important: Always select BSC / BEP-20 as the withdrawal network. Using Ethereum (ERC-20) or any other network will result in lost funds. Send a small test amount first ($5) to verify.
3

Deposit Into AsterDex

  1. Go to AsterDex Perpetuals and click "Connect Wallet" in the top right to connect MetaMask. If you are not on the BNB Smart Chain network yet, AsterDex asks to add or switch to it, confirm that in MetaMask.
  2. Click the "Deposit" button, select USDT, enter the amount, and confirm the transaction in MetaMask.
  3. Wait for the blockchain confirmation (usually under a minute on BSC). Your USDT balance on AsterDex will update automatically.
Tip: Test with a small amount first (e.g. $5-$10) to confirm the deposit arrives correctly on AsterDex, then deposit the rest.
4

Create an API Wallet on AsterDex

The API Wallet let the bot open and close positions on the user's own account. It never had access to withdraw funds.

  1. Go to asterdex.com/en/api-wallet (make sure MetaMask is connected).
  2. Switch to the "Pro API" tab. Ignore the "Session wallets" that are already listed. Those are automatically created by AsterDex and not what we need.
  3. Click "Authorize new API wallet". Give it a name (e.g. "LazyEye") and click "Generate".
  4. IMPORTANT: Copy and save the private key shown on screen. It will NOT be shown again after you click Authorize.
  5. Make sure "Read" and "Perps trading" are checked. Set days valid to 365, then click "Authorize" and confirm in MetaMask.
Save these 3 values. You’ll need them in the next step:
  • Your Login Wallet address (shown top-right on AsterDex)
  • The API Wallet address
  • The API Wallet private key
5

And then the bot, back when there was one

The last part ran on our side: an account by invitation, the three API Wallet values from step 4 entered once, and the bot activated. From then on it traded on its own, on servers that were ours against an account that was not. The service for customers has ended, so there is no account to create and nothing left to activate.

6

What the bot then did

It ran 24/7 on our servers, so nothing had to stay switched on at the other end: no computer, no app. It opened and closed positions on the exchange account, and the dashboard showed those positions, the profit history and the bot's status as they came in.

Security Reminders

  • Never share your MetaMask seed phrase or API Wallet private key with anyone.
  • LazyEye never asks for your seed phrase. You only ever enter your three API Wallet values, and only on the official app.lazyeye.nl. We never ask for your keys by email, chat, Telegram, or phone. Any such request is a scam.
  • Never enable withdrawal permissions on the API Wallet. The bot doesn’t need them, so it can trade but can never move your funds.
  • Your API Wallet keys are never stored in our central database. They go straight to your own bot and are used only there.
  • You can revoke your API Wallet at any time from the AsterDex API Wallet page. If anything feels off, revoke first and ask us afterwards.
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