Cost of Swaps by Chain on THORChain

    Fees on THORChain consist of 2 parts: a gas fee and a slip fee. The gas fee depends on the chains you are swapping through, and the slip fee is a liquidity sensitive fee that scales with how much your swap puts the pool out of balance. The average trading fee (slip+gas) on THORChain is is 0.149%. This is cheap compared to many centralised exchanges (CEXs) such as Coinbase which charge a 0.5% trading fee, but is still higher than the cheapest CEXs such as FTX with a 0.07% standard trading fee.