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What are fee tiers?

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A fee tier is the percentage charged on every swap in a given pool. Each provider's share is proportional to their in-range liquidity. For the full calculation, see Fees.

v3 fee tiers

v3 offers four tiers: 1 %, 0.30 %, 0.05 %, and 0.01 %.

v2 fee tier

v2 offers a single 0.30 % tier.