—

— bps. Swap on Pulse for — per — traded.

The — charge —.

Technical note

The big figure is in basis points: — bps is — of the trade, taken as a spread around the mid price. A round trip is two swaps and pays it twice.

— less in swap fees than the —.

Swap fee only; price impact and network fees are extra. The lowest tier published elsewhere, — per —, is still — ours.

Technical note

Fees read —, charged on every swap. The rent is for a range pool and its first position, after closing both; no range pool opens at launch. Other pools' largest accounts can never be closed.

—% of the rent to open a new pool comes back when you close it. Most of it stays on other pools. —

— price sources go in, and one price comes out: the middle of them.

Our key signs that price for —, good for up to — seconds. If the market moves against the pool first, we refuse to sign.

Technical note

That price is the median of the sources; with an even count, halfway between the middle two. The refusal is our co-signer's, off chain, so a trade already signed can still land before it expires.

Apex SAMPLE

— the depth from the same money, kept in a narrow price range.

More depth means a big trade moves the price less, as long as the price stays inside the range.

Technical note

SAMPLE range — to — at that sample pool's own price: — ticks against the full —. No range pool opens at launch.

— per — traded on Pulse, and it stays in the pool.

Your coin goes in and the other comes out, at the price signed for your trade. Swapping back counts as a second trade.

Pools

Technical note

— bps a side. The pool started with — SOL and — USDC, and one fill takes at most — of a vault.

—

— less rent left behind when you close.

Open a new pool with its first position, close both, and only — SOL stays behind. On other pools — to — SOL does.

Add position

Technical note

Account rent, with one tick array. — is —; —. One position alone leaves half of the — SOL, and each position is an NFT you hold.

— real Pulse swaps paid out exactly what the program logged.

Each time, the amount logged matched what left the vault, to the last unit. Open any swap to see it on the chain.

Technical note

Logged = landed, worst gap —. These swaps ran from —.

— protocol fee on a Pulse swap.

No protocol fee on top: the — per — is the whole swap fee, and it stays in the pool.

Technical note

Only the swap's input and output move between you and the pool; no transfer goes to the protocol.

—

— compute units for one Pulse swap.

The pools we measured ask for — as much. Less work fits a block more easily and pays less in priority fees.

Positions Pools

Technical note

Each program's own compute line, the median of SOL/USDC swaps up to —: ours — from — live swaps on this pool; others —. A snapshot: concentrated pools vary with the ticks crossed.