Fees

How do network fees on Matchain work?

Each transaction on Matchain incurs two types of fees:

1. Layer 2 (L2) Execution Fee: Covers the cost of executing the transaction on Matchain's Layer 2 network.

2. Layer 1 (L1) Security Fee: Represents the estimated cost to publish the transaction on the underlying Layer 1 blockchain.

Typically, the L1 security fee is higher than the L2 execution fee. Both fees fluctuate based on network activity:

• L1 Fee Variability: The L1 fee changes with transaction volume on the Layer 1 network. To minimize costs, consider submitting transactions during periods of lower gas usage, such as weekends.

• L2 Fee Variability: Similarly, the L2 fee adjusts according to the number of transactions being processed on Matchain's Layer 2 network.

Fees typically range from 0.0000002 to 0.0000004 BNB. At a BNB price of $600, this equates to approximately 4,166 to 8,333 transactions per $1.