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  • What is a Priority Fee?
  • Recommended Priority Fee Settings
  • When to Increase the Priority Fee?
  1. Buy/ Sell Settings

Priority Fee

What is a Priority Fee?

The Priority Fee helps speed up transactions by rewarding validators for processing your trade faster. This is crucial during high-traffic periods or when trading popular tokens.

Recommended Priority Fee Settings

  • Solana (SOL Priority Fee):

    • 0.0001 - 0.0005 SOL → Low urgency.

    • 0.001 - 0.01 SOL → High-priority transactions.

  • EVM Networks - Gwei Priority Fee:

    • 1-5 Gwei → Standard priority.

    • 5-20 Gwei → High priority for fast execution.

    • 20+ Gwei → For highly competitive transactions.

When to Increase the Priority Fee?

  • High network congestion (e.g., during a token launch).

  • Competing for a limited supply of tokens.

  • Executing large trades where timing is critical.

Using dynamic priority fees ensures your transaction is processed efficiently without overspending on fees.

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Last updated 2 months ago

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