Swap Fees
XenDEX employs a simple and transparent flat fee structure to ensure fairness, cost-effectiveness, and sustainability while incentivizing liquidity providers.
Fee Structure
Stablecoin Pools: 0.1% Fee
Applies to low-risk, high-frequency trading pairs like USDT/XN or USDC/XN.
Designed to attract traders and arbitrageurs seeking low-cost, low-slippage transactions.
Volatile/Exotic Pools: 0.3% Fee
Applies to riskier or low-liquidity pools, such as XN/xSOL or niche tokens.
Compensates liquidity providers for impermanent loss and ensures sufficient rewards for maintaining liquidity in higher-risk pools.
Fee Distribution
Visit $DEX Tokenomics for a breakdown of the fee distribution.
Network Fees
In addition to swap fees, a small XN network fee is required to process transactions on the X1 blockchain. These fees typically range from 0.0001 XN to 0.001 XN, ensuring fast and cost-effective transactions.
Example Fee Calculations
Stablecoin Pool (0.1% Fee):
Trade Value: 10,000 XN
Fee Charged: 10 XN
Liquidity Providers (80%): 8.0 XN
Governance Buyback (10%): 1 XN
Protocol Treasury (10%): 1 XN
Volatile Pool (0.3% Fee):
Trade Value: 10,000 XN
Fee Charged: 30 XN
Liquidity Providers (80%): 24 XN
Governance Buyback (10%): 3 XN
Protocol Treasury (10%): 3 XN
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