Ave.ai Fees & Settings
Last updated
Last updated
Ave.ai charges a fee on each transaction based on the wallet type:
Bot Wallet: 0.8%
Chain Wallet: 0.5%
The transaction fee is handled on a per-transaction basis, and there are no additional fees. If you have concerns about transaction fees, please first review your priority fee and slippage settings.
The Gas Fee is the amount paid to network validators when executing a transaction or interacting with a smart contract—commonly known as the on-chain fee.
On the Solana chain, SOL is used as the gas unit.
On the Ethereum (ETH) chain, due to the high price of ETH and the complexity of fee calculations, Gwei is used as the gas unit (1 ETH = 1,000,000,000 Gwei).
Slippage refers to the maximum acceptable deviation in the token quantity for a single transaction. For example, if you set a 30% slippage when buying, the on-chain transaction will succeed if the actual tokens received are between 70% and 100% of the expected amount; if the actual tokens received fall below 70%, the transaction will fail (exceeding the acceptable slippage range).
Setting a slippage limit is intended to ensure that you do not incur losses beyond your expectations due to price fluctuations. If the actual execution price exceeds your set slippage percentage, the transaction will automatically cancel.
In MEME trading, experienced traders often set a higher slippage to accommodate dramatic price swings driven by FOMO and FUD—prioritizing fast buys and sells over receiving an exact token amount.
Manual Trading: The default (automatic) setting is recommended.
Auto Buy/Auto Sell Orders: A slippage of 30%-35% is suggested.
Hot New Tokens: A slippage of 50% or more may be advisable.
MEV bots (also known as sandwich bots) employ a technique called "sandwiching," similar to front-running strategies used by high-frequency trading firms. In a typical sandwich attack, an MEV bot reads incoming transaction data and executes an order ahead of yours, thereby driving up the token price at the time of your purchase.
The MEV bot detects your transaction and, before the block is finalized, automatically places a buy order with a higher transaction fee than yours, causing its order to be executed first.
After the bot’s transaction, the automatic market-making mechanism raises the token’s price, which directly affects subsequent transactions. By the time your order is executed, the token price has increased, resulting in you receiving fewer tokens than initially expected. This discrepancy is referred to as the slippage amount (though it differs from normal slippage as it is specifically due to sandwiching).
Furthermore, after your transaction, the bot may execute another order, selling the tokens it bought at a lower price to capture the price difference. The bot’s two orders effectively sandwich your transaction, hence the term "sandwich attack."
The priority fee is an additional fee paid to expedite the processing of your transaction. It acts as an incentive (or "bribe") to network nodes, encouraging them to process your transaction ahead of others.
