Fees

There are three types of fees that users should be aware of when it comes to using automated strategies at DeFi Saver:

  • The transaction fee for each executed automated transaction will effectively be charged to the position, during transaction execution. This essentially means that the gas costs for the transaction will be charged to the position, not the user's wallet.

  • Automation strategies that include asset swaps within the transaction have the standard DeFi Saver fee for complex transactions:

Show me the fees:

  • 0.25% on the swapped amount for swaps of assets that are not correlated in price (e.g. ETH --> USDC)

  • 0.1% on the swapped amount for swaps of assets that are correlated in price (e.g. ETH --> wstETH)

  • 0.01% on the swapped amount for swaps of stablecoin pairs (e.g. USDT --> USDC)

  • Automations have a fee of 0.05% on each triggered automation transaction.

Note that simply enabling and keeping any automated strategy enabled for your position does not involve any kind of one-time or on-going, continuous service fees. Automations use flash loans as part of the recipe for the transaction - DeFi Saver defaults to using free flash loan sources, but in case there's a lack of liquidity in free sources, it will use an Aave flash loan (which has a 0.09% fee)

Related Articles:

Last updated