Dynamic Fee System
Our dynamic fee system adjusts fees during volatile situations to reduce and compensate for possible impairment loss.
Base Fee
You can see the base fee of each pool on the liquidity pools page. The exact percentage is set by the protocol owner when creating the pool.
Variable Fee
The variable fee on the other hand depends on the volatility of the market. It will be affected by the frequency of the swaps, but doing large swaps accross many bins (on large price movements) will also increase it. Fees are calculated and distributed per bin, to allow a fair distribution of the fee to the liquidity providers of the bin crossed.
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