Slipstream Fee Mechanics

Ocupación

Categorías

DeFi

Fee Tiers

// CLFactory.sol

// Tick spacing determines fee tier
mapping(int24 tickSpacing => uint24 fee) public tickSpacingToFee;

// Common configurations:
// tickSpacing: 1    → fee: 100    (0.01%) - Stable pairs
// tickSpacing: 50   → fee: 500    (0.05%) - Low volatility
// tickSpacing: 100  → fee: 500    (0.05%) - Standard
// tickSpacing: 200  → fee: 3000   (0.30%) - Medium volatility
// tickSpacing: 2000 → fee: 10000  (1.00%) - High volatility

// Fee is in hundredths of a basis point
// 100 = 0.01% = 1 bip
// 500 = 0.05% = 5 bips
// 3000 = 0.30% = 30 bips
// 10000 = 1.00% = 100 bips

// Maximum fee allowed
uint24 public constant MAX_FEE = 30000;  // 3%

Pool Fee Storage

// CLPool.sol

uint24 public fee;  // Swap fee in hundredths of bips

// Gauge fees accumulated (for staked LP distribution)
struct GaugeFees {
    uint128 token0;
    uint128 token1;
}
GaugeFees public gaugeFees;

// Fee growth accumulators (for unstaked LP distribution)
uint256 public feeGrowthGlobal0X128;  // Token0 fees per unit liquidity
uint256 public feeGrowthGlobal1X128;  // Token1 fees per unit liquidity

// Unstaked fee rate (penalty for not staking)
uint24 public unstakedFee;  // Default: 100000 = 10%

Fee Splitting Logic

// CLPool.sol

/// @notice Split fees between staked and unstaked liquidity
/// @param feeAmount Total fee collected
/// @param _liquidity Total active liquidity
/// @param _stakedLiquidity Staked portion of liquidity
/// @return unstakedFeeAmount Fees going to unstaked LPs
/// @return stakedFeeAmount Fees going to gauge (staked LPs)
function splitFees(
    uint256 feeAmount,
    uint128 _liquidity,
    uint128 _stakedLiquidity
) internal view returns (uint256 unstakedFeeAmount, uint256 stakedFeeAmount) {
    if (_stakedLiquidity == 0) {
        // No staked liquidity - all fees to unstaked
        return (feeAmount, 0);
    }

    if (_stakedLiquidity == _liquidity) {
        // All liquidity staked - all fees to gauge
        return (0, feeAmount);
    }

    // Calculate unstaked liquidity
    uint128 unstakedLiquidity = _liquidity - _stakedLiquidity;

    // Base allocation by liquidity ratio
    uint256 unstakedFeeBase = FullMath.mulDiv(feeAmount, unstakedLiquidity, _liquidity);
    uint256 stakedFeeBase = feeAmount - unstakedFeeBase;

    // Apply unstaked fee penalty
    // Portion of unstaked fees redirected to staked LPs
    uint256 unstakedFeePenalty = FullMath.mulDiv(unstakedFeeBase, unstakedFee, 1e6);

    unstakedFeeAmount = unstakedFeeBase - unstakedFeePenalty;
    stakedFeeAmount = stakedFeeBase + unstakedFeePenalty;
}

Fee Growth Accounting

// During swap, after fee calculation:

if (state.liquidity > 0) {
    (uint256 unstakedFeeAmount, uint256 stakedFeeAmount) = splitFees(
        step.feeAmount,
        state.liquidity,
        state.stakedLiquidity
    );

    // Unstaked fees: Add to fee growth (per unit unstaked liquidity)
    uint128 unstakedLiquidity = state.liquidity - state.stakedLiquidity;
    if (unstakedLiquidity > 0 && unstakedFeeAmount > 0) {
        state.feeGrowthGlobalX128 += FullMath.mulDiv(
            unstakedFeeAmount,
            FixedPoint128.Q128,  // 2^128
            unstakedLiquidity
        );
    }

    // Staked fees: Add to gauge fees
    if (stakedFeeAmount > 0) {
        if (zeroForOne) {
            gaugeFees.token0 += uint128(stakedFeeAmount);
        } else {
            gaugeFees.token1 += uint128(stakedFeeAmount);
        }
    }
}

Position Fee Calculation

// Position.sol

/// @notice Calculate fees owed to a position
function feesOwed(
    Position.Info memory self,
    uint256 feeGrowthInside0X128,
    uint256 feeGrowthInside1X128
) internal pure returns (uint128 tokensOwed0, uint128 tokensOwed1) {
    // Fees = liquidity * (currentFeeGrowth - lastFeeGrowth) / 2^128
    tokensOwed0 = uint128(
        FullMath.mulDiv(
            feeGrowthInside0X128 - self.feeGrowthInside0LastX128,
            self.liquidity,
            FixedPoint128.Q128
        )
    );

    tokensOwed1 = uint128(
        FullMath.mulDiv(
            feeGrowthInside1X128 - self.feeGrowthInside1LastX128,
            self.liquidity,
            FixedPoint128.Q128
        )
    );
}

Fee Growth Inside Range

/// @notice Get fee growth inside a tick range
function getFeeGrowthInside(
    int24 tickLower,
    int24 tickUpper
) internal view returns (uint256 feeGrowthInside0X128, uint256 feeGrowthInside1X128) {
    Tick.Info storage lower = ticks[tickLower];
    Tick.Info storage upper = ticks[tickUpper];

    int24 tickCurrent = slot0.tick;

    // Below lower tick
    uint256 feeGrowthBelow0X128;
    uint256 feeGrowthBelow1X128;
    if (tickCurrent >= tickLower) {
        feeGrowthBelow0X128 = lower.feeGrowthOutside0X128;
        feeGrowthBelow1X128 = lower.feeGrowthOutside1X128;
    } else {
        feeGrowthBelow0X128 = feeGrowthGlobal0X128 - lower.feeGrowthOutside0X128;
        feeGrowthBelow1X128 = feeGrowthGlobal1X128 - lower.feeGrowthOutside1X128;
    }

    // Above upper tick
    uint256 feeGrowthAbove0X128;
    uint256 feeGrowthAbove1X128;
    if (tickCurrent < tickUpper) {
        feeGrowthAbove0X128 = upper.feeGrowthOutside0X128;
        feeGrowthAbove1X128 = upper.feeGrowthOutside1X128;
    } else {
        feeGrowthAbove0X128 = feeGrowthGlobal0X128 - upper.feeGrowthOutside0X128;
        feeGrowthAbove1X128 = feeGrowthGlobal1X128 - upper.feeGrowthOutside1X128;
    }

    // Inside = global - below - above
    feeGrowthInside0X128 = feeGrowthGlobal0X128 - feeGrowthBelow0X128 - feeGrowthAbove0X128;
    feeGrowthInside1X128 = feeGrowthGlobal1X128 - feeGrowthBelow1X128 - feeGrowthAbove1X128;
}

Custom Fee Modules

// CLFactory.sol

/// @notice Set custom swap fee for a pool
/// @param pool Pool address
/// @param fee New fee (0 to disable custom, otherwise <= MAX_FEE)
function setPoolFee(address pool, uint24 _fee) external {
    require(msg.sender == swapFeeManager, "NM");
    require(_fee <= MAX_FEE, "FTL");

    ICLPool(pool).setFee(_fee);
    emit SetPoolFee(pool, _fee);
}

/// @notice Set custom unstaked fee for a pool
function setUnstakedFee(address pool, uint24 _fee) external {
    require(msg.sender == unstakedFeeManager, "NM");
    require(_fee <= 500000, "UFM");  // Max 50%

    ICLPool(pool).setUnstakedFee(_fee);
    emit SetUnstakedFee(pool, _fee);
}

Gauge Fee Collection

// CLGauge.sol

/// @notice Collect gauge fees from pool
function claimFees() external returns (uint256 claimed0, uint256 claimed1) {
    return _claimFees();
}

function _claimFees() internal returns (uint256 claimed0, uint256 claimed1) {
    // Get accumulated fees
    (uint128 token0, uint128 token1) = pool.gaugeFees();

    if (token0 > 0 || token1 > 0) {
        // Collect from pool
        (claimed0, claimed1) = pool.collectFees(address(this), type(uint128).max, type(uint128).max);

        // Distribute to fee recipient
        if (claimed0 > 0) {
            IERC20(pool.token0()).safeTransfer(feeRecipient, claimed0);
        }
        if (claimed1 > 0) {
            IERC20(pool.token1()).safeTransfer(feeRecipient, claimed1);
        }

        emit ClaimFees(msg.sender, claimed0, claimed1);
    }
}

Pool Fee Collection

// CLPool.sol

/// @notice Collect accumulated gauge fees
/// @dev Only callable by gauge
function collectFees(
    address recipient,
    uint128 amount0Requested,
    uint128 amount1Requested
) external returns (uint128 amount0, uint128 amount1) {
    require(msg.sender == gauge, "NG");

    amount0 = amount0Requested > gaugeFees.token0 ? gaugeFees.token0 : amount0Requested;
    amount1 = amount1Requested > gaugeFees.token1 ? gaugeFees.token1 : amount1Requested;

    if (amount0 > 0) {
        gaugeFees.token0 -= amount0;
        TransferHelper.safeTransfer(token0, recipient, amount0);
    }
    if (amount1 > 0) {
        gaugeFees.token1 -= amount1;
        TransferHelper.safeTransfer(token1, recipient, amount1);
    }

    emit CollectFees(recipient, amount0, amount1);
}

Fee Example

// Example: $1000 swap in 0.3% fee pool

// Swap amount: $1000
// Fee rate: 3000 (0.30%)
// Fee collected: $1000 * 0.003 = $3.00

// Pool state:
// liquidity: 1000 units
// stakedLiquidity: 600 units (60%)
// unstakedFee: 100000 (10%)

// Fee split:
// Staked base: $3.00 * 60% = $1.80
// Unstaked base: $3.00 * 40% = $1.20

// Unstaked penalty: $1.20 * 10% = $0.12
// Final unstaked fees: $1.20 - $0.12 = $1.08
// Final staked fees: $1.80 + $0.12 = $1.92

// Result:
// Staked LPs (via gauge): $1.92 (64% of total)
// Unstaked LPs (via feeGrowth): $1.08 (36% of total)

Events

event CollectFees(address indexed recipient, uint128 amount0, uint128 amount1);
event SetFee(uint24 fee);
event SetUnstakedFee(uint24 unstakedFee);

Reference Files

• contracts/core/CLPool.sol - Fee logic in swap
• contracts/core/CLFactory.sol - Fee tier configuration
• contracts/core/libraries/Position.sol - Position fee calculation
• contracts/gauge/CLGauge.sol - Gauge fee collection