🌉(Legacy) XY Bridge Fee Information

How is the bridge fee calculated?

Users are able to roughly estimate the cost of a transaction depending on the formulae given below as reference.

  • A small portion of fees is taken as a basic commission. Note that one can imagine the feeRate in the formula below as a constant, or a percentage figure by which any transaction amount (trading volume) should multiply, usually determined by XY DAO.

BridgeFee=AmountfeeRateBridgeFee = Amount *feeRate
  • There are lower bound and upper bound in the Fee Structure to ensure that XY Finance can afford gas fees and will not impose any surcharges upon users.

{BridgeFee=minimumFee,minimumFee>BridgeFeeBridgeFee=AmountfeeRate,minFee<BridgeFee<maximumFeeBridgeFee=maximumFee,BridgeFee>maximumFee\begin{equation} \left\{ \begin{array}{lr} BridgeFee=minimumFee, & minimumFee > BridgeFee \\ BridgeFee=Amount \cdot feeRate, & minFee < BridgeFee < maximumFee\\ BridgeFee=maximumFee, & BridgeFee > maximumFee \\ \end{array} \right. \end{equation}\notag

If the trading volume multiplied by feeRate is less than the minimumFee, then XY Finance will still charge the minimumFee as a basic commission.

If the trading volume multiplied by feeRate is more than the maximumFee, then XY Finance will only charge the maximumFee as a basic commission.

feeRate, minimumFee & maximumFee are determined by XYDAO.

How much does the fee cost?

General Cross-Chain

When you perform cross-chain transactions of your assets through mainstream token pools (e.g., USDC/USDT/ETH), the following fees will be charged:

  • feeRate: 0.050% - 0.400%

  • maximumFee : $1,000

  • minimumFee: The following value represent reference minimumFee for different chains; however, it is important to note that the actual prices may be subject to adjustment based on market conditions:

    • Ethereum: $15

    • Avalanche, Cronos, BNB Chain, Optimism, Arbitrum, zkSync Era, Polygon zkEVM, Linea, Base, Mantle, Scroll: $0.4 - $1.5

    • Others: $0.1 - $0.19

xAsset Bridge

The xAsset Bridge helps projects deploy their tokens onto different chains. When you perform cross-chain transactions involving these specific protocol tokens (e.g., XY/NUM), the following fees will be charged:

  • feeRate: 0.1%

  • maximumFee: $1,000

  • minimumFee: The following values represent the reference minimumFee ranges for different chains. However, it is important to note that actual prices may be subject to adjustment based on market conditions.

    • Ethereum: $22.5

    • Avalanche, Cronos, BNB Chain, Optimism, Arbitrum, zkSync Era, Polygon zkEVM, Linea, Base, Mantle: $0.6 - $1.35

    • Others: $0.15 - $0.285

Please note that bridge fees are subject to change based on fluctuations in the market gas price. If you are interested in integrating our service and would like to know the current actual price, please feel free to contact us.

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