Governance

1. Listing New Supported Tokens

Unlike AMM-based DEXs, token and trading pair listings in Optimex Swap are permissioned, as they require support from at least one Professional Market Maker (PMM). New listings must be approved through a consensus between a PMM, a Solver, and the protocol administrator, who records the information on Optimex’s L2.

2. Protocol Fees

Users pay a trading fee when swapping tokens on Optimex Swap, which serves as the protocol's main revenue source. Revenue is allocated to compensate the Settlement Committee and fund research and development.

Since Optimex focuses on BTC trading, all pairs involve BTC and an asset on a smart contract-enabled blockchain, leveraging its expressivity for fee collection:

• BTC → Other Asset: The fee is deducted from the PMM’s payment to the user.

• Other Asset → BTC: The fee is collected via the Optimex Vault smart contract before final settlement.

Fee Structure

• 0.02% for BTC-WBTC (or other wrapped BTC pairs).

• 0.1% for all other pairs.