Fees
Where every fraction of a swap fee goes, and what Sluice takes.
The waterfall
A swap fee is not paid to liquidity in full. The pool keeps a share before any liquidity provider sees a wei, and what is left is what actually reaches the position.
The pool’s own fee, not ours. Sluice cannot change it.
− the pool keeps 1/6 before any LP sees it · 0.166%
slot0.feeProtocol = 102 on every Pons pool measured (CASHCAT, PONS, HMM, PIPEDOG)
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This pool charges 1.000% per swap. After the pool’s own cut, liquidity earns 0.833% of volume.
What a share earns depends on volume and on how much liquidity is in the pool, and both move. There is no guaranteed rate.
The gap between what a pool advertises and what liquidity earns is the single most common misreading in the whole category, so it is shown here term by term rather than summarised.
What Sluice takes
Sluice keeps a percentage of what it collects for you, and only of what it collects. There is no deposit charge, no withdrawal charge, no management charge on the balance, and no charge on anything that never earned.
The rate is a governed value with a hard ceiling in the contract. It cannot be raised past that ceiling by anyone, and the live figure is displayed wherever the split is shown rather than typed into this page.
What each action costs
| Action | Sluice charges | You also pay |
|---|---|---|
| Deposit, both tokens | Nothing | Gas, plus one approval per token. |
| Deposit, ETH only | Nothing | Gas, plus the pool’s swap fee on half the deposit and whatever the swap moves the price. |
| Compound | A cut of the fees collected | Gas, if you are the one calling it. |
| Withdraw, both tokens | Nothing | Gas. |
| Withdraw, all ETH | Nothing | Gas, plus the pool’s swap fee on the token side and whatever the sale moves the price. |
| Grant or revoke a session key | Nothing | Gas. |
What a share earns depends on volume and on how much liquidity is in the pool, and both move. There is no guaranteed rate.