Updates

·

May 15, 2024

Changes to Matcha Auto fees 

Anthony Allen

From May 15, 2024, fees for the Matcha Auto feature will increase by 10 bps to 0.25% to accelerate product development while still delivering cost savings for users.

Cryptocurrencies have revolutionized how value is accessed and transferred globally. With this radical transition to a parallel onchain economy comes a unique set of challenges related to scaling and monetization.

To continue providing the best experience to our users, Matcha will be increasing the fees for Matcha Auto to 0.25% (from 0.15%). Stablecoin-to-stablecoin fees through Matcha Auto will be reduced to 0.05%. As always, users can choose to toggle Matcha Auto on or off at any time, and can always broadcast their own transactions for free. 

How Matcha approaches fees

Matcha is a decentralized exchange aggregator that finds the best DEX prices across more than 130 public and private liquidity sources

We believe it’s important to provide free swaps for crypto natives that know their way around the blockchain and we have no plans to implement fees on regular swaps. While many DEXs and wallets already charge 0.25% or higher for regular swaps, users can still trade for free on Matcha. 

Stablecoin swaps on Matcha Auto are now just 0.05%!

Features Matcha provides without fees include:

All this and access to over 5 million tokens across 9 networks, ensuring users can navigate their optimal trade routes! With token availability refreshed every 15 minutes, we believe Matcha continues to provide an unrivaled onchain experience for new and experienced users alike.

What is Matcha Auto?

Matcha Auto uses meta-transactions to provide users added value with gasless swaps, MEV protection, fast settlement, zero slippage, and more. These benefits provide significant savings on trades and can give traders an edge in terms of settlement speed and opportunity cost, all of which can easily exceed the nominal 0.25% fee to use the feature.

Users can turn off Matcha Auto at any time to take more granular control over the trade settings, optimizing gas fees, slippage tolerance, and liquidity sources while still benefiting from our industry-leading routing and token availability.

Users have saved around $1.2 million in MEV costs alone since Matcha Auto was introduced! We believe the cost savings are significant for our users, and even the new fees remain among the lowest on the market by a large margin.

MEV protection has saved users $1.2 million

Revising fees for trades that use Matcha Auto will support additional investments in technology, R&D, and talent acquisition, to improve the product experience at every level - such as the coming upgrade to our pricing engine which will be released this year!

Putting you first

Our users come first in any decision we make, whether it’s choosing what feature to implement next or navigating a fast moving regulatory environment. 

Matcha will continue to prioritize transparency, showing you the exact price and associated fees before entering any transactions, and will strive to ensure we consistently deliver the best pricing. We intentionally show the Final Trade Amount instead of simply showing the trade rate before fees and gas like many DEXs.

Swap now

True to our mission, Matcha will continue delivering the best-in-class experience that eliminates the complexity of accessing tokens and liquidity. Matcha is still the best place for crypto natives looking for the very best price, with zero added fees. If you’re at home comparing prices across multiple DEX applications, configuring wallets to work with custom RPC endpoints, and know the mempool like the back of your hand, nothing changes. Matcha Auto just makes it easy to get the best price without thinking of gas and MEV, for faster settlement and a more reliable experience.

Contents
Subscribe to our newsletter
By submitting you're confirming that you agree with our Terms and Conditions.
Yay! You’re signed up.
Oops! Something went wrong, but it's not your fault.
Updates

·

May 15, 2024

Changes to Matcha Auto fees 

Changes to Matcha Auto fees

From May 15, 2024, fees for the Matcha Auto feature will increase by 10 bps to 0.25% to accelerate product development while still delivering cost savings for users.

Cryptocurrencies have revolutionized how value is accessed and transferred globally. With this radical transition to a parallel onchain economy comes a unique set of challenges related to scaling and monetization.

To continue providing the best experience to our users, Matcha will be increasing the fees for Matcha Auto to 0.25% (from 0.15%). Stablecoin-to-stablecoin fees through Matcha Auto will be reduced to 0.05%. As always, users can choose to toggle Matcha Auto on or off at any time, and can always broadcast their own transactions for free. 

How Matcha approaches fees

Matcha is a decentralized exchange aggregator that finds the best DEX prices across more than 130 public and private liquidity sources

We believe it’s important to provide free swaps for crypto natives that know their way around the blockchain and we have no plans to implement fees on regular swaps. While many DEXs and wallets already charge 0.25% or higher for regular swaps, users can still trade for free on Matcha. 

Stablecoin swaps on Matcha Auto are now just 0.05%!

Features Matcha provides without fees include:

All this and access to over 5 million tokens across 9 networks, ensuring users can navigate their optimal trade routes! With token availability refreshed every 15 minutes, we believe Matcha continues to provide an unrivaled onchain experience for new and experienced users alike.

What is Matcha Auto?

Matcha Auto uses meta-transactions to provide users added value with gasless swaps, MEV protection, fast settlement, zero slippage, and more. These benefits provide significant savings on trades and can give traders an edge in terms of settlement speed and opportunity cost, all of which can easily exceed the nominal 0.25% fee to use the feature.

Users can turn off Matcha Auto at any time to take more granular control over the trade settings, optimizing gas fees, slippage tolerance, and liquidity sources while still benefiting from our industry-leading routing and token availability.

Users have saved around $1.2 million in MEV costs alone since Matcha Auto was introduced! We believe the cost savings are significant for our users, and even the new fees remain among the lowest on the market by a large margin.

MEV protection has saved users $1.2 million

Revising fees for trades that use Matcha Auto will support additional investments in technology, R&D, and talent acquisition, to improve the product experience at every level - such as the coming upgrade to our pricing engine which will be released this year!

Putting you first

Our users come first in any decision we make, whether it’s choosing what feature to implement next or navigating a fast moving regulatory environment. 

Matcha will continue to prioritize transparency, showing you the exact price and associated fees before entering any transactions, and will strive to ensure we consistently deliver the best pricing. We intentionally show the Final Trade Amount instead of simply showing the trade rate before fees and gas like many DEXs.

Swap now

True to our mission, Matcha will continue delivering the best-in-class experience that eliminates the complexity of accessing tokens and liquidity. Matcha is still the best place for crypto natives looking for the very best price, with zero added fees. If you’re at home comparing prices across multiple DEX applications, configuring wallets to work with custom RPC endpoints, and know the mempool like the back of your hand, nothing changes. Matcha Auto just makes it easy to get the best price without thinking of gas and MEV, for faster settlement and a more reliable experience.

Subscribe for an instantly better inbox

By submitting you're confirming that you agree with our Terms and Conditions.
Yay! You’re signed up.
Oops! Something went wrong while submitting the form.