Fees
When utilizing a bridge to transfer assets between different blockchain networks, it's important to note that bridging fees can vary based on multiple factors and can be summarised as per the below.
total_fee = service_fee + volume_fee + destination_broadcast_fee
The final fee will be quoted in the widget based on network, amount and token parameters that are selected.
Service and volume fee
The bridge typically applies a flat fee structure for amounts up to 1000 USD equivalent, beyond which a fixed percentage is added on top.
<= 1000 USD equivalent
Fixed $3 USD
Great than 1000 USD equivalent
Fixed $3 USD plus 0.2 %
For example:
a user bridging 500 USD equivalent in ETH would pay just $3 USD
another a user bridging 2000 USD equivalent in ETH would pay $3 USD + (0.001 * 2000) = $5
Destination broadcast fee
Additional fees may be charged based on the specific destination network and the prevailing gas costs required to complete the bridging process.
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