How to Look at Your Fees
Last updated
Last updated
Look at the trades that have been initiated by OdinBot
On the far right side, click the button that will open your transaction on Solscan
Below you will see how much you spent for:
Solana's Network Fee
Priority Fee
The Priority Fee in this case would be 0.003118 SOL, while Solana's Network Fee is 0.000005 SOL.
To get the Solana's Network Fee, you deduct the Priority Fee from the Fee.
0.003118 SOL - 0.003123 SOL = 0.000005 SOL
The Solana's Network Fee is multiplied by the amount of signatures.
Scroll down and look at the instructions:
The first 2 instructions you see above are the ones for Odin's 1% Trade Fee.
The minimum trading fee is 0.001 SOL.
They include Destination Wallets:
MvVPcaHhXpuNE8zX67Z53QLqmyYQxWfhRDW9bMYZtK5
HGgT2s5ZWWDrLWMKkSgSLKwt2YpTmRLVPLxFhStRRaEV
The very last instruction is the Speed Tip you chose.
Destination Wallet: TEMPaMeCRFAS9EKF53Jd6KpHxgL47uWLcpFArU1Fanq
In other cases it could be: bloxroute.sol, bloxroute1.sol, bloxroute2.sol (etc)
To see all SOL balance changes in transaction, hit the SOL Balance Change tab while you have your transaction opened:
When SOL Balance Change Tab is opened, you will see something similar to this:
The very first transaction is how much SOL this trade has cost you in total.
That includes:
How much SOL you have spent for the Token
Solana's Network Fee
DEX Fee (if applicable)
Priority Fee
Speed Tip
Odin's 1% Trade Fee
Since we are analyzing the trade involving a purchase, only the first wallet will show a negative balance because we are the ones making the purchase.
If we we're selling, the very first account will have a positive balance.
The next account that has balance change is Token's creation account.
Every time you receive a new Memecoin, Token, or NFT in your wallet, a specific SPL token account is automatically created to store that asset. Each of these token accounts costs ~0.002 SOL in rent, which is withheld by the Solana Network for storage and maintenance.
For more information about rent on Solana, take a look at:
The 0.003 SOL is the Speed Tip we have mentioned earlier:
Raydium Pool receives SOL for the Token that was bought:
The other two are the Odin's 1% Trade Fee accounts.