💲Fees

The OmniBridge fee structure comprises two components: the bridging fee and the target chain gas fee. This structure ensures fast and reliable asset transfers.

• Bridging Fee

  Charged as a percentage of the transfer amount, we levy a 0.3% bridging fee on all users.

• Target Chain Gas Fee

  This fee covers the gas costs incurred when sending tokens to the user's address on the target chain.

Example: Suppose a user initiates a cross-chain swap on the Ethereum source chain, exchanging 1 ETH for BTC on the Bitcoin target chain:

Bridging Fee: 1 ETH * 0.003 = 0.003 ETH

The cross-chain system uses 0.997 ETH for the actual swap. If the exchange rate yields 0.1 BTC, and the target chain gas fee is 0.001 BTC, the user will receive:

Final Amount: 0.1 BTC - 0.001 BTC = 0.099 BTC