💳DEX swap fee

All DEX swaps via goodcryptoX - on AMM DEXs or Perp DEXs are subject to a swap fee.

The base swap fee for DEX Spot swaps is 1%.

The base swap fee for DEX Futures swaps is 0.1%.

50% of the swap fee collected is used for revenue sharing payouts to eligible GOOD token holders.

10% of the swap fee collected is used for daily burns of the GOOD token decreasing its supply.

Discounts on the swap fee are available based on:

Discount is applied to both Spot and Futures trades on DEXs. I.e. with a 50% discount your DEX Spot fee will be 0.5% and DEX Futures fee - 0.05%.

Discounts stack up - each additional discount obtained increases your total discount.

Note, that discounts stack by multiplying, not summing. Two 50% discounts mean you pay half, and then half of that again — ending up paying 25% of the original fee.

Swap fee calculation example

You are sending a swap for $1,000. Base fee for this swap is 1%.

Your volume traded discount is 10%, subscription discount is 10%, and GOOD held discount is 20%.

1% base fee - 10% volume discount = 0.9%;

0.9% - 10% subscription discount = 0.81%;

0.81% - 20% GOOD held discount = 0.648%.

Your swap fee for this swap will be 0.648%.

You can check your swap fee discount in the user dashboard:

Last updated