Swaps under $100 carry no THORWallet fee. Above that the THORWallet fee is 1.25%, 0.5% or 0.2% depending on your Community Tier, and it falls further on large swaps. Network fees and route fees are separate.
On this page
A swap has up to four kinds of fees. The app shows all of them before you sign.
The fees of a swap
| Fee | Who receives it | How it is paid |
|---|---|---|
| Network fee | The blockchain you send from | In the native coin of that chain, deducted from your wallet. The review shows it as TX Fee. |
| Route fees | The route, for example liquidity fees | Included in the quote. |
| Outbound fee | The route, to pay the network fee of the payout | Taken from the amount you receive. Shown on THORChain, Maya and Harbor routes. |
| THORWallet fee | THORWallet | Included in the quote. The mobile app shows it as Affiliate Fee, the web app as THORWallet fee. |
A private swap adds a Privacy fee. See Private swaps.
The THORWallet fee
The fee depends on your Community Tier and on the size of the swap.
| Swap size | Standard | Community | Community Plus |
|---|---|---|---|
| Under $100 | 0% | 0% | 0% |
| $100 to $50,000 | 1.25% | 0.5% | 0.2% |
| $50,000 to $500,000 | 0.6% | 0.4% | 0.18% |
| Over $500,000 | 0.4% | 0.2% | 0.16% |
The volume discount applies automatically. You do not have to switch anything on.
Where you see the fees
- On the swap screen, the route bar shows Fees in US dollars for the selected route.
- Tap Next. The review shows the TX Fee and the Total fee.
- Tap the Total fee. Transaction details lists each line, for example Transaction Fee, Outbound Fee, Affiliate Fee, Estimated Swap Output and Min Swap Output.
In the web app: open the route details. Quote details lists Total fees, THORWallet fee, Outbound fee, Slippage and Minimum received. The network fee appears on the review step.
How to lower your fees
- Reach a higher Community Tier. A staked balance of 10,000 $TITN gives the Community tier, 100,000 $TITN the Community Plus tier. See Community Tiers.
- Compare routes. Open Routes before each swap. The route with the best price is not always the one with the lowest fees. The web app has a Lowest fees sort.
- Choose the chain with care. Network fees differ a lot between chains. The same stablecoin can be much cheaper to move on one chain than on another.
- Avoid very small swaps on expensive chains. Network and outbound fees are fixed amounts, so they weigh more on a small swap.
$TITN is a utility token, not an investment; its value may fluctuate and could fall to zero. See the $TITN terms.
Fees, discounts and tiers are variable and may change. The fee that counts is the one the app shows before you sign.
Related
Common questions
Are swaps under $100 really free?
Swaps under $100 carry no THORWallet fee on every tier. The network fee of the sending chain and the fees of the route still apply.
Where do I see the fees before I swap?
The route bar shows the fees of the selected route in US dollars. On the review screen, tap the Total fee to open every fee line.
What is the Affiliate Fee in the fee details?
It is the THORWallet fee for that swap. The mobile app labels it Affiliate Fee. The web app labels it THORWallet fee.
How do I pay a lower swap fee?
Reach a higher Community Tier with your staked balance of $TITN, and compare the routes before each swap. Large swaps get a lower rate automatically.
Why did I receive less than the quote?
Prices move while a swap runs, and the outbound fee of the route is taken from the amount you receive. The route cannot go below the minimum shown in the fee details.
Do fees change?
Yes. Fees, discounts and tiers are variable and may change. The app shows the fees of a specific swap before you sign it.
Thank you.
Sorry about that. Chat with support inside the app, or write to info@thorwallet.org. Support will never ask for your recovery phrase.