When swapping your assets, you will be asked to pay the following fees according to your service use.
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Service Fee (Swap Fee)
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This is a basic fee that is deducted when performing the Swap function and is applicable to all transactions.
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Service Fee is basically calculated by applying the following fee rate to the transaction amount according to the token pair used in the pool.
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Volatility Pairs: 0.2% (e.g. ISK-KLAY, ISK-oUSDT, KLAY-oUSDT)
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Stable Pairs: 0.06% (e.g. oUSDT-oUSDC, oUSDT-KDAI)
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- When swapping your assets, if a transaction is performed only through a single path, the fee will be charged only once and deducted from the amount to be received. However, when performed through multiple channels, a fee will be charged for each path that it goes through. The swap path may subject to change depending on the composition of the liquidity pool and the supply.
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Gas Fee
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This is a cost that you have to pay directly using Klay you own when executing the Swap feature. Klay is the native token of Iskra Mainnet (Klaytn) chain where Iskra Swap is serviced.
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