Partner Fees
There are no partner fees for stablecoin to stablecoin swaps. Coal does not take any positive slippage - we only take a 0.1% fee on all non stablecoin swaps! In the context of fees, "BPS" stands for "Basis Points." Basis Points are a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One Basis Point is equivalent to 0.01%, so:
100 Basis Points = 1%
25 Basis Points = 0.25%
Thus, when a fee is described as being between 1-10000 BPS, it is expressed in a range where:
1 BPS = 0.01%
10000 BPS = 100%
Therefore, if a fee is 25 BPS, it corresponds to 0.25%.
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