Fees
Trading and liquidity-provider fees for Watergun products; legacy holder revenue sharing is sunset.
This page describes trading and liquidity-provider fees. The former $9MM tokenomics, holder revenue-sharing, and claim programs are sunset. Visit 9mm.pro for $9MM-related information.
Where Your Fees Go
- You pay a feeThe destination depends on the product used.
- V2 swap: 0.17%Distributed to liquidity providers and auto-compounded.
- V3 swap: selected tierAccrued to the active LP position.
- Watergun Swap route: 0.05%Applied as the aggregator routing fee.
V2 DEX
| Fee | Amount | Who receives it |
|---|---|---|
| V2 swap fee | 0.17% | Distributed to LPs, automatically compounded into PLP positions |
Based on the Uniswap V2 constant-product model. Fees are paid in the token being sold and auto-compound into LP positions as PLP tokens.
V3 DEX
V3 uses concentrated liquidity and supports multiple fee tiers. LPs choose the tier that matches the pair's volatility when they create a position.
| Fee Tier | Typical Use |
|---|---|
| 0.01% | Stable / pegged pairs |
| 0.05% | Stable / low-volatility |
| 0.25% | Standard pairs |
| 1% | Volatile / exotic pairs |
| 2% | Highly volatile / long-tail |
Fees are accrued per V3 position and claimed manually by the LP.
Watergun Swap
| Fee | Amount | Who receives it |
|---|---|---|
| Watergun Swap routing fee | 0.05% flat | Aggregator fee; no active holder revenue-share program is described here |
No hidden spread, no order-flow markups. The flat 0.05% is the only fee Watergun Swap adds on top of the underlying DEX execution.
OTC Desk
The OTC Desk has been sunset. See the OTC Desk page for historical context. Use Watergun Swap for low-slippage large-volume trades.
NFT Marketplace Fees
Marketplace fees and collection royalties can vary by venue and listing. Check the marketplace's transaction preview before signing. Former holder distribution descriptions are sunset and should not be treated as a current benefit of an NFT purchase.