Token Swaps
Last updated
Last updated
Token swaps on PlaxSwap are a simple way to trade one token for another via automated liquidity pools on Polygon Chain and also with market makers when trading tokens on Polygon Chain.
When you make a token swap (trade) on the Polygon Chain PlaxSwap Exchange, you will pay trading fees according to the type of liquidity pool your trade is being routed through. You may check the route details by clicking the magnifier icon on the “Route” section.
For Exchange liquidity pools, a fixed 0.25% trading fee is applied, which is broken down as follows:
0.17% - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.
0.0225% - Sent to the PlaxSwap Treasury.
0.0575% - Sent towards PLAX buyback and burn.
Please note that on Polygon Chain only PlaxSwap Exchange is deployed, therefore all the token swaps on Polygon will have a fixed 0.25% trading fee with the same breakdown as mentioned above.