Solana Fees
A discussion about the fees charged per transaction exectuted.
Last updated
A discussion about the fees charged per transaction exectuted.
Last updated
When trading on the Solana blockchain using Axiom, you have several customizable gas settings to fine-tune your transaction speed and success rate. Below are detailed breakdowns of each setting and how to optimize them for a unfair advantage. 🔺
The Priority Fee is an extra payment made to validators to increase the likelihood of a faster confirmation, especially in times of high network congestion and high volume tokens.
PRIO: Enter the amount you are willing to pay for prioritization. The Default Value is 0.001.
Slippage is the difference between the expected trade price and the actual executed price. Setting a slippage limit ensures your trade executes within your acceptable range.
Max %: Enter the maximum slippage percentage you're willing to accept
Example: Setting 1000% means you will accept up to 10x price movement before cancellation
Adjust the value based on market volatility and your risk tolerance.
Maximal Extractable Value (MEV) represents additional profits validators can extract through transaction reordering (sandwiching).
Disabled/Enabled:
Enabled: Sends transactions only to Jito to optimize for MEV extraction and to prevent sandwiching efforts
Disabled: Transactions are broadcasted to both Jito and standard block leaders, increasing the execution speed.
A bribe is a additional incentive paid to validators to prioritize your transaction.
Bribe: Enter the Amount you're willing to pay!
Default: 0.001 (Optional but recommended for high volume tradess
