Slippage & Fees


As with any AMM that relies on liquidity pools, trades across Blizzard incur slippage (discrepancy between the pool exchange rate and the market rate). Slippage is reduced by swapping through pools with higher liquidity and, in the case of 1:1 trades, swapping through stable pools. When executing a swap, forced slippage can be mitigated by specifying a min_amount_out, which will cause the swap to fail if slippage is too high.


Swaps across each pool on Blizzard incur a small fee of about 0.35 and are paid as fees to liquidity providers and to SNO holders as referral fees. Blizzard's fee breakdown is as follows:

0.125%SNO Holders
0.225%Liquidity Providers (left behind in liquidity pool)