Market Update: YZY Team Collects Over $9 Million in Fees Within Hours

According to ChainCatcher, X user bizzy reported that the YZY team collected approximately $9.164 million in fees within a few hours through a 1% dynamic fee pool.

The team used a 100 bin step instead of a 50 bin step pool design, resulting in traders incurring a total fee of around 10%, which includes 4-5% in hidden costs.