Tokenomics view
See Tokenomics → BINI Sinks for how the burn portion contributes to deflation.
The split
Every swap on BaiDEX charges a 1.00% total fee (100 basis points), split three ways:How it works in practice
When you swap on BaiDEX:- Router intercepts the trade
- Computes fee = 1.00% of input amount
- Allocates fee to LPs, burn address, and referrer/treasury per the split
- Executes the underlying V3 swap with the remaining 99.00%
Burn slice impact
The 0.25% burn is permanent — every swap removes BINI (or wBINI / USBI / Agent Token, depending on input) from circulation forever. For wBINI swaps, this is a direct BINI sink (sink #3 in BINI Sinks). For other input assets, the burn affects that asset’s circulating supply.Daily burn projections (wBINI)
If wBINI/USBI volume is $V/day:
At $10M/day wBINI volume, that’s ~76M BINI burned per year — comparable to the Year 4 emission rate.
Referrer slice
The 0.25% referrer share goes to:- The user who referred the trader (if applicable), OR
- The platform treasury (if no referrer)
LP slice mechanics
The 0.50% LP fee accrues to LPs proportional to their share of the in-range liquidity at the moment of the swap. Standard V3 semantics:- Fees accumulate per position
- LPs collect fees by calling
collect()on their position NFT - Out-of-range LPs earn nothing during periods their range is bypassed
Why 1.00% total?
The 1.00% rate is calibrated for:- Sustainability of burn: 0.25% is enough to materially shrink supply at moderate volume
- Competitive LP returns: 0.50% to LPs is comparable to Uniswap’s 0.30% tier on volatile pairs (with the trade-off of higher slippage protection from agents)
- Functional referrer mechanic: 0.25% gives referrers a non-trivial commission
Comparison
Related
AMM mechanics
Where the fee router fits
Tokenomics: BINI Sinks
The burn portion
Pools
Where fees accrue
Tokenomics: Agent Token Sinks
How fees compound for Agent Token holders