Elydex$ELYDEX fee tiers
$ELYDEX is the swap fee tier. The tier is computed from balanceOf of the connected wallet at quote time and written into the pay-a-portion amount you sign.
| Balance | Swap fee |
|---|---|
| Under 250,000 $ELYDEX | 0.25% |
| 250,000 $ELYDEX | 0.15% |
| 1,000,000 $ELYDEX | 0.05% |
Until the token exists the fee is 0.25% for everyone and no tier is shown on the ticket.
A quarter of the swap fees collected in HYPE buys and burns $ELYDEX on its pool. The team runs this by hand from the fee wallet; it is a manual buyback, not a contract.