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Trade Fees

Prices of a swap are influenced by three components.

  1. Protocol Trade Fee
  2. NFT Delta
  3. Slippage to maintain constant value constraints

Trade Fees

The trade fee is 1%, which is split 90/10 with liquidity providers and the AssetMergeDAO.

NFT Delta

The NFT Delta helps influence values of individual NFT items, by adjusting the weighting of NFTs during a swap. Along with slippage this can have an effect of an extra fee compared to LP prices. See How Does Pricing Work for calculations of NFT Delta.

Slippage

Like other AMMs on the market, the larger the size of a trade compared to the liquidity pool the more price changes. This is done to maintain a constant value in the pool.