Market Update: YZY Team Collects Over $9 Million in Fees Within Hours
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to ChainCatcher, X user bizzy reported that the YZY team collected approximately $9.164 million in fees within a few hours through a 1% dynamic fee pool.
The team used a 100 bin step instead of a 50 bin step pool design, resulting in traders incurring a total fee of around 10%, which includes 4-5% in hidden costs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
JPMorgan (JPM.US) Q3 revenue and EPS below expectations, fixed income trading decline drags performance
JPMorgan released its financial report for the third quarter of 2026.
智通财经•2026/10/13 11:07
Crypto prices
MoreBitcoin
BTC
$83,378.4
+0.19%
Ethereum
ETH
$2,502.81
-1.41%
Tether USDt
USDT
$0.9986
-0.04%
BNB
BNB
$739.02
-1.33%
XRP
XRP
$1.36
-2.65%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$106.69
-3.80%
TRON
TRX
$0.3285
-0.88%
Hyperliquid
HYPE
$82.22
-4.09%
Zcash
ZEC
$1,194.84
-7.84%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now