XY Finance
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Fee Structure
Highlight the rates on XY's various services or activities and let users know what to expect when working with us.
There are a few kinds of fees incurred as the swapping process pushes on, and more often than not they include the gas fee, the swap fee charged by XY Protocol, and/or the swap fee charged by aggregators and decentralized exchanges, etc.
Key Takeaways: ▪ Fee Structure describes how XY Finance charges for our services, laying down policies in advance and making transactions via XY Protocol transparent. ▪ Users are able to roughly estimate the cost of a transaction depending on the level of service desired and the formulae given below as reference.
How fees are incurred in relation to XY Protocol abides by the formulae as follows:
  • A small portion of fees is taken as a basic commission (XY Fee). Note that one can imagine the f 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.
Fee=AmountfFee = Amount *f
  • There are lower and upper bounds in the Fee Structure to ensure that XY Protocol can afford gas fees and will not impose any surcharges upon users.
  • You can envisage that the Fee Structure constitutes a range, and the ceiling of the range is called an upper bound (i.e. maxFee), the floor of the range a lower bound (i.e. minFee). ☝🏻 If the trading volume multiplied by f is less than the minFee, then XY Protocol will still charge the minFee as a basic commission. ☝🏻 If the trading volume multiplied by f is more than the maxFee, then XY Protocol will only charge the maxFee as a basic commission.
{Fee=minFee,Fee<minFeeFee=maxFee,Fee>maxFee\begin{equation} \left\{ \begin{array}{lr} Fee=minFee, & Fee < minFee\\ Fee=maxFee, & Fee > maxFee \end{array} \right. \end{equation}
f, minFee & maxFee are determined by XYDAO.

X Swap

Target Chain
f
maxFee
minFee
Ethereum
0.035%
2,000 USD
40 USD
BNB Chain
0.035%
2,000 USD
0.9 USD
Polygon
0.035%
2,000 USD
0.9 USD
Fantom
0.035%
2,000 USD
0.9 USD
Cronos
0.035%
2,000 USD
0.9 USD
ThunderCore
0.035%
2,000 USD
0.9 USD
Avalanche
0.035%
2,000 USD
1.9 USD
KCC
0.035%
2,000 USD
0.9 USD
Arbitrum
0.035%
2,000 USD
1.9 USD
Optimism
0.035%
2,000 USD
1.9 USD
Astar
0.035%
2,000 USD
0.9 USD

XY Token Bridge (Wrap XY Tokens to other chains)

Target Chain
XY Fee
Ethereum
15 XY
Binance Smart Chain
-
Polygon
-
Fantom
-
ThunderCore
-
Last modified 18d ago