❓Swap FAQs

1. What fees do I incur when trading or swapping tokens on Kibble?

There is a swap fee of 0.15% on each trade, with 0.1% of that trade returning to the LP pool as earned fees and 0.05% used for buying back KIB.

Additionally, a nominal amount of TON is required to pay network fees on each trade. Most trades cost between 0.08 - 0.3 TON.

2. What is the price impact?

Price impact refers to the difference between the current market price and the expected price for a trade, primarily influenced by the size of the trade relative to the pool's liquidity.

3. Why did my transaction fail?

Transactions may fail due to insufficient TON for network fees or if the price of the pool moves beyond the set slippage tolerance.