For the complete documentation index, see llms.txt. This page is also available as Markdown.

Pricing And Fees

AMM pricing

Bound's Runes AMM uses Concentrated Liquidity - a variation on the constant product formula (x*y=k). When you request a quote, the AMM calculates the price based on current liquidity across all active positions in range.

Fee tiers

Liquidity Providers choose from four fee tiers when creating a pool:

Fee tier
Best for

0.05%

Stable pairs, low volatility

0.30%

Standard trading pairs

0.50%

Less liquid pairs

1.00%

Exotic / high-volatility pairs

Fee distribution

For every trade, fees are split:

  • 2/3 → Liquidity Providers - claimable from the Portfolio tab

  • 1/3 → Bound - protocol revenue

Quote validity

Quotes are valid at the moment of request. If another user's activity changes the pool state before you confirm, your quote may expire. You'll need to request a new quote and resubmit.

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