Haircut

Learn more about how fee is distributed.

When users make trades on Platypus, haircut is collected by the protocol. Haircut is a fee to support and encourage the operation of the platform.

Current Haircut

	Haircut
Main Pool	0.01%
sAVAX Pool	0.15%
yyAVAX Pool	0.04%
ankrAVAX Pool	0.1%
USD Pools in Alternative Pool (YUSD, FRAX, MIM, MONEY, axlUSDC)	0.03%
BTC.b Pool	0.04%
ankrETH Pool	0.1%
Factory Pools	0.03%

Retention Ratio

A portion of haircut collected remains in the AMM system according to retention ratio.

Initially, the retention ratio is 100%, and all fees collected remains in the AMM. If retention ratio is set to be lower than 100%, the rest of the haircut will be distributed to liquidity providers.