Stableswap fee reduced from 0.02% to 0.005%
Liquidity Book is a state-of-the-art AMM, designed with both stable and volatile pairs in mind.
Stablecoin pairs can especially benefit from Liquidity Book's innovative bin architecture and constant sum formula.
While many DEXes promise trades with low price impact, Liquidity Book actually allows for zero price impact trades thanks to a perfect 1:1 swap that is possible on Trader Joe.
Therefore, we have reduced the base fee to swap across the following stable pairs on
#Arbitrum:
•
$USDC.e /
$USDC
•
$USDT /
$USDC.e
•
$USDT /
$USDC
The base fee has changed from 2 bps (0.02%) to 0.5bps (0.005%). For example, a trade cost of $1000
$USDC to
$USDT now costs $0.05 instead of $0.20.
Liquidity Book is now one of the cheapest DEXs on which to trade your stablecoins on
#Arbitrum.