Big news for the QuickSwap community: dynamic fee hooks, powered by Brevis’s zkCoprocessor, are now live on Soneium.
Bringing real-time, flexible fees to the DEX trading experience.
When it Comes to Fees…
When it comes to fees, size matters. High fees can drive traders away, while low fees during volatile periods can hurt LPs. Fixed fee tiers have been the norm, but they leave little room for flexibility, and they make it difficult to reward loyal traders who power the ecosystem. That changes now.
Dynamic fee hooks give QuickSwap a new layer of intelligence. These smart contracts adjust fees in real-time based on market conditions and trader activity, creating a system that rewards high-volume traders with lower fees while giving LPs a way to earn more when markets get volatile. And of course, it’s permissionless, verifiable on-chain, and trustless.
What’s not to like?
Dynamic Fee Hooks: The Rundown
Here’s how it works: Brevis’s zkCoprocessor calculates traders’ 30-day trading volume off-chain, generates a zero-knowledge proof, and sends it to QuickSwap’s smart contract for on-chain verification.
If a trader qualifies for a VIP tier, discounted swap fees automatically apply for the next 30 days, creating an effortless, gas-efficient loyalty mechanism that enhances UX for traders without introducing extra steps.
The first dynamic fee hooks are already live on Soneium for the following pools:
Traders using these pools now benefit from a flexible fee structure that aligns with their trading activity, all while supporting LP profitability and deeper liquidity across QuickSwap.
How to Deploy Hooks
For pool deployers, setting up Brevis-powered dynamic fees is straightforward with the Brevis Portal. The portal allows pool creators to configure pool details, set VIP tiers, and deploy hooks in a few steps.
Once deployed, the hook is linked to the pool, activating dynamic fees immediately.
The Brevis Portal makes it very easy to launch fee experiments, build loyalty incentives, and optimize pools for different market conditions. No crazy technical setups required.
Dynamic Fees are the Future of DeFi
For QuickSwap, the launch of volume-based dynamic fees is using adaptive, user-aligned trading to make EVM DeFi better for everyone. Upcoming features include token-holding-based fee discounts to reward long-term holders, and volatility-based dynamic fees designed to protect LPs from excessive volatility.
For those looking to get a taste of what’s next, head straight to Soneium and experience firsthand how dynamic fees can optimize your trading experience. And if you’re an LP, now you’ve got a system in place to protect your positions – check it out!
Dynamic, adaptable, and fully verifiable on-chain, Brevis’s new fee structures represent the next chapter for DeFi. As always, QuickSwap dragons are one step ahead, leading the charge.
Happy swapping, LPing, and earning, dragons!
