Fees
One flat 1% Pounce fee per trade, always shown before you sign.
| Pounce fee | How it is taken | |
|---|---|---|
| Buy | 1% of the NEAR you spend | Sent in the same signature, before the swap |
| Sell | 1% of the guaranteed minimum NEAR you receive | Sent in the second signature, together with unwrapping |
Other costs (not Pounce)
- Pool fees (e.g. 1% on nearly.trade and Shards pools), included in the quote.
- Token taxes set by some token creators (a few % per buy or sell). Pounce reads them on-chain and includes them in the quote.
- NEAR network gas and a one-time storage registration (~0.00125 NEAR per token).
Failed swaps
If a swap doesn't fill (usually because the price moved past your slippage), the swap is reverted but the fee transfer may already have gone through. Pounce reads every signed transaction on-chain and refunds that fee to your wallet, normally within 24 hours. Pending refunds are shown in your Bag.
Where fees go
50% buys back and burns $POUNCE, 20% goes back to traders as cashback in $POUNCE, 30% funds operations. See $POUNCE.