> For the complete documentation index, see [llms.txt](https://openx.gitbook.io/openx-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://openx.gitbook.io/openx-docs/protocol-overview/swap-fees-and-distribution-mechanism.md).

# Swap, Fees, and Distribution Mechanism

Swap:

* OpenX utilizes a liquidity infrastructure called Liquidity as a Service (LAAS) to provide efficient token swapping.&#x20;
* It incorporates a Quantifiable AMM (QAMM) mechanism, which optimizes capital utilization and enhances liquidity and stability mechanisms

Fees:

* The fee for trading volatile assets is 0.3%
* The fee for trading stablecoin assets is 0.1%

Distribution Mechanism:

* OpenX implements a mining rewards system to incentivize participation and liquidity provision.&#x20;
* Users can earn $OPX tokens through liquidity mining, stablecoin deposits, RWA equity, and contract trading referrals

OpenX aims to provide efficient token swapping, generate revenue through transaction fees, and incentivize users through mining rewards and distribution mechanisms.
