Costs and risk
Quainance fees explained
A transaction's total cost can come from several sources. Separating them makes a quote easier to evaluate and a liquidity position easier to understand.
View live markets01
Swap fees
A pool fee is included in swap execution and contributes to the pool. It is distinct from the network fee paid to submit the transaction.
02
Price impact and slippage
Price impact comes from moving the pool price with your trade. Slippage protection is the tolerance you set for price movement before execution.
03
LP returns
Liquidity-provider results can combine trading fees, token price changes, changing pool composition, impermanent loss, and any separately distributed incentives.