Fee
Owlto's fee structure includes two parts: bridge fees and Destination TX Costs. Bridge fees are the fees paid by users to the platform and market makers, charged as a percentage of the transfer amount. Destination TX Costs are the fees paid by users in advance to market makers to cover the fees for network transmission to the destination. This fee structure ensures fast and reliable asset transfer and protects the interests of market makers.
Considering the instability of gas fees on the Ethereum network, Owlto adjusts fees based on the destination network's Gwei to ensure that its fees are lower than the average level. However, such adjustments are not frequent, and users can view the current fees on the Owlto Finance website.
For example, when you transfer 1 ETH from Arbitrum to Starknet, the bridge fee is 0.01% of the transfer amount, and the Destination TX Cost is 0.0015 ETH. The transfer cost is:
0.01% * 1 ETH + 0.0015 ETH = 0.0115 ETH
For example, when you transfer 100 USDT from the mainnet to zkSync, the bridge fee is 0.1% of the transfer amount, and the Destination TX Cost is 1.2 USDT. The transfer cost is:
0.1% * 100 USDT + 1.2 USDT = 1.3 USDT
The fee rates for different rollup networks are subject to change, and you can follow our official Discord or Twitter for updates.
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